Answer:
$1,032,260
Explanation:
Dove's unappropriated retained earnings balance as of December 31, 2016 = Unappropriated retained earnings balance on January 1, 2016 + Net income - Dividends distributions.
= 796,010 + 386,250 - 150,000.
= $1,032,260
Unappropriated retained earnings balance of Dove corporation as on December 31, 2016 is $1,032,260
Answer:
3
Explanation:
It has to be this one because it is intial payment to help someone.
This is basically known as net profit. because he purcahes it of 100 $ and sale it of 120 and earn a complete 20$ profit. mostly that happens in retailer cases . best example is shop keeper because they are not manufacturing it <span />
This is the concept of financial arithmetic. To get the average cost when six units we shall proceed as follows;
Total cost of producing 5 units will be:
(average cost)*(number of units)
=5*30
=$150
Given that the marginal cost of producing the sixth unit is $60, then the total cost of producing six units will be:
150+60
=$210
Answer:
Istructions are listed below.
Explanation:
Break-even point= fixed costs/ contribution margin
Break-even point (dollars)= fixed costs/ contribution margin ratio
Maring of safety= current sales level - break-even point
Margin of safety ratio= (current sales level - break-even point)/current sales level
