Answer:
The break even point in units is 24000 rooms per year.
Explanation:
The break even point in units is a point where enough units are sold to earn a revenue that covers the total cost of the business and there is neither a profit nor a loss to the business. The break even point in units can be calculated as follows,
Break even in units = Fixed cost / Contribution margin per unit
Where,
Contribution margin per unit = Selling price per unit - Variable cost per unit
So,
Contribution margin per unit = 90 - 40 = $50
Break even in units = 1200000 / 50 = 24000 units
Answer:
The correct answer is letter "B": Preparing financial statements such as the balance sheet, income statement, and statement of cash flows.
Explanation:
A trial balance is a worksheet listing the debit and credit balances of all the ledger accounts for an entity. Under accounting theory, the total of all the debits must equal the total of all the credits. Since the trial balance is a list of all the accounts it serves as an accuracy check before the company prepares the financial statements including the <em>Balance sheet, Income </em>and <em>Cash Flows Statements</em>.
The global leadership that is being used in the scenario
above is participative. This is where the individuals involved or associated in
a particular activity are all involved with the activity or that they have
contributed to the activity that is being conducted in means of participating
in the group work.
Sir sis so did. I. Dog go. Sidney nx be I. Six six Ron is considered 38!:83738:! &;!Eli 48 848;
Answer:
3.12%
Explanation:
We use formula in excel to calculate annual rate of return
Rate = (Nper,PMT,,FV,1)
Nper (number of payments): 30
PMT (payment made every period) : -$20,000
FV (future value of investment): $1,000,000
type 1 for payment beginning of period
Then rate = (30,-20000,,1000000,1)= 3.12%
Please see excel attached for the calculation
