Answer:
The most the firm can spend to lease the new equipment without losing money=$75,000
Explanation:
The point at which the revenue in terms of sales equals the cost is the break-even point. This can be expressed as;
R=C
where;
R=revenue from sales
C=cost
And;
R=P×N
where;
R=revenue from sales
P=price per unit
N=number of units
In our case;
P=$7.5 per unit
N=10,000 units
replacing;
R=7.5×10,000=$75,000
Total revenue from sales=$75,000
C=p×n
where;
p=cost per unit
n=number of units
In our case;
p=$5
n=unknown
replacing;
C=5×n=5 n
At break-even point, R=C;
5 n=75,000
n=75,000/5=15,000
The break-even cost=5×15,000=$75,000
The most the firm can spend to lease the new equipment without losing money=$75,000
Answer:
Sense of independence
Explanation:
Basically Kenneth is writing a draft and signing it. The client, will probably change some (if not most) of Kenneth's article, specially any part where Kenneth might criticize the restaurant's service or exaggerate any good service provided by the restaurant. The content of the article itself will be determined by the client.
Kenneth should be independent and impartial when writing an article critique, since writing what the restaurant wants is simply advertising. Sadly this is very common on certain industries, that is why all the movies are excellent or the best of all times, no matter how bad they are.
1. durability- objects used as money must withstand physical and tear
2. portability- people need to be able to take money with them as they go about their business
3.divisibility-to be useful, money must be easily divided into into smaller denominations, or units of value
4.uniformity- any two units of money must be uniform or the same in the terms of what they will buy.
5.limited supply- money must be available only in limited quantities
6.acceptability- Everyone must be able to exchange the money for goods and services
Answer:
The cost recorded for the equipment=$66,500
Explanation:
When dealing with the total cost of an equipment we take the purchase cost and other additional associated costs that come with the equipment. This can be expressed as;
T=P+A
where;
T=total cost
P=purchase cost
A=additional costs(transportation cost+sales tax+installation cost)
In our case;
T=unknown
P=$60,000
A=(1,000+3,000+2,500)=$6,500
replacing;
T=60,000+6,500=66,500
The total cost=$66,500
The cost recorded for the equipment=$66,500
The secret ballot is a voting method in which a voter's choices in an election or a referendum are anonymous, forestalling attempts to influence the voter by intimidation, blackmailing, and potential vote buying. The system is one means of achieving the goal of political privacy.
