Answer:
Break Even Point
In Units = 2,000 units
In value = $80,000
Explanation:
Break even Point = 
When we use contribution per unit, we get the break even point in units sales.
When we use the contribution margin as a percentage of sales we get break even sales in value.
Contribution per unit = $20
Contribution margin in percentage = $20/$40 = 50%
Therefore, Break even Point in units = 
Break even units = 2,000
Break Even Point in value = 
Sales to be made in value at break even = $80,000
Answer:
Explanation:
Compared to the McLaren, the Lamborghini has less power, a heavier engine, and less active aerodynamic designs. This allows the Huracán Performante to be an excellent supercar with extreme sounds, feels, and the excitement of a Lamborghini, but in performance the McLaren is superior.
Answer: are factors that have negative influence
Explanation:
Answer:
Choice 1 is more profitable.
Explanation:
Giving the following information:
Choice 1:
You receive $100 starting today once a year every year for the rest of eternity.
Choice 2:
You receive $200 today and then $50 once a year starting next year for all of eternity.
<u>I will assume an interest rate of 8%</u>
The first option and second option are a perpetual annuity. To calculate the present value, we need to use the following formula:
Choice 1:
PV= Cf/i
Cf= 100
i=0.08
PV= 100/0.08= $1,250
Choice 2:
PV= 50 + 50/0.08= $825
Choice 1 is more profitable.
Answer:
Dr Land 397,950
Cr Cash 117,950
Cr Notes payable 280,000
Explanation:
Certain ordinary and necessary costs can be included in the purchase cost of land:
- cost of the land
- title fees
- applicable taxes
- legal fees
- broker fees
- survey costs
- leveling costs
- zoning fees
- etc.
In this case, the total purchase cost of the land = $110,000 + $280,000 + $1,400 + $650 + $5,900 = $397,950