Time =2,015−1,941=74 years
Annual increase=(1,905,000÷0.7)^(1÷74)−1=0.2217×100=22.17%
Answer:
$130,032
Explanation:
Calculation to determine the amount of quick assets
Using this formula
Quick assets=Accounts receivable +Cash+Marketable securities
Let plug in the formula
Quick assets=$74,771+$24,116+31,145
Quick assets= $130,032
Therefore the amount of quick assets is $130,032
Answer:
C. 534 units
Explanation:
The formula to compute the break-even point is shown below:
= (Fixed cost) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $3 - $0.75
= $2.25
So, the break-even point would be
= $1,201 ÷ $2.25 per unit
= 534 units
Simply we divide the fixed cost by the contribution margin per unit so that the accurate units can come.
Answer:
Either A or E (probably more A)
Hope this helps :)
It's estimated that the United States produce about 768 million pounds of cranberries each year and the Americans consume about 400 million pounds annually. They eat about 20% of those 400 million pounds on Thanksgiving, which is about 80 million pounds.
