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2 years ago

Company A has sales of $500,000, variable costs of $350,000, and fixed costs of $150,000. Company A has ______.

Business

1 answer:

IgorC [24]2 years ago

6 0

Company A has: Reached the break-even point and Company A's contribution margin equals the fixed costs.

<h3>What is break even point?</h3>

Break even point is the point in which a company neither make gain or loss.

Based on the information given company A has reached the break-even point because there is no gain or loss.

Company A's contribution margin also equals the fixed costs.

Contribution margin=Sales-Variables cost

Contribution margin=$500,000-$350,000

Contribution margin=$150,000

Contribution margin equal fixed cost of the amount of $150,000.

Inconclusion Company A has: Reached the break-even point and Company A's contribution margin equals the fixed costs.

Learn more about break even point here:brainly.com/question/9212451

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A retirement plan that provides the possibility for tax-free distributions and tax-deferral of earnings until they are distribut

Amanda [17]

Answer: Roth IRA

Explanation:

A Roth IRA allows a person to contribute income that is already taxed to their retirement account. As the income is already taxed, when it is distributed in retirement, it would be tax free.

People tend to choose this if they feel like taxes would increase in future as opposed to the present and so would like to take advantage and save on taxes.

There are however, restrictions on the amount that can be contributed however and people who earn more than a certain amount per year do not qualify for this retirement plan.

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3 years ago

What are reasons for looting?<br>

Alika [10]

Answer:

Looting after disasters.

In armed conflict.

Archaeological removals.

Looting of industry.

Wealth redistribution

Explanation:

https://en.wikipedia.org/wiki/Looting

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3 years ago

It is Micah's role at the company to plan, organize, and control the functions within the human resource department. Based on th

tensa zangetsu [6.8K]

Answer:

C. Management Role

Explanation:

Micah is in a management role at his company because all the functions that he performs are functions of management in the an organisation.

The management functions include, Planning, Organizing, controlling and leading. The manager mainly plan the work of the organisation, coordinates the activities of others and direct them towards the achievement of the organisational goals and objectives.

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4 years ago

A company will need $45,000 in 8 years for a new addition. To meet this goal, the company deposits money in an account today t

True [87]

Answer:

The amount that should be invested to total $45,000 in 8 years is $18,995.

Explanation:

According to the situation, you have to calculate the amount that you have to invest in the present to get $45,000 in eight years. You can find it using the formula:

P= F/(1+(i/n))^nt

P= present value

F= future value: $45,000

i= interest: 11%

n= number of times compounded per year: 3

t= time in years

P= $45,000/(1+(0.11/3))^(8*3)

P= $45,000/(1+0.0366)^24

P= $45,000/2.369

P= $18,995

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3 years ago

When a cpa examines a client's projected financial statements the cpa's report should:________.

8090 [49]

The CPA or Certified Public Accountant's report should <u>state that the CPA performed procedures to evaluate management assumptions</u> when they examine a client's projected financial statements.

CPAs are public accountants who are licensed to practice their profession publicly and must always comply with the government's taxation practices and provisions of Statements on Standards for Accounting and Review Services.

Take note, CPA report doesn't refer to the their auditor's report on the historical financial statements. The report cannot also explain the principal differences between the historical statements and the projected financial statements.

Additionally, a CPA's report must not include the their opinion on the client's ability to continue as a going concern.

Curious about Code of Ethics for CPAs? Read here: brainly.com/question/28198157

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1 year ago