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Answer:
Instructions are below.
Explanation:
Giving the following information:
Fixed costs= $240,000
Unitary variable cost= $1.97
Selling price per unit= $4.97.
First, we need to calculate the break-even point in units:
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 240,000 / (4.97 - 1.97)
Break-even point in units= 80,000 units
<u>The break-even point analysis provides information regarding the number of units to be sold to cover for the fixed and variable costs.</u>
If the forecasted sales are 120,000, this means that the company will cover costs and make a profit. The margin of safety is 40,000 units.
A recession is when the inflation rate is low.. prices are falling dramatically in the market
Answer:
$10,800
Explanation:
Given that,
Total cash = $147,000
Notes payable = $84,700
Common stock = $51,500
Cash revenue earned = $27,000
Cash expenses paid = $15,500
Cash dividend paid = $2,100
Accounting equation is as follows:
Assets = Liabilities + Stockholder's equity
cash = Notes payable + common stock + Retained earnings
$147,000 = $84,700 + $51,500 + Retained earnings
Retained earnings = $147,000 - $84,700 - $51,500
= $10,800
Dave is an individual with an <u>"Internal locus of control".</u>
Locus of control is a person's belief system with respect to the reasons for his or her encounters and the components to which that individual characteristics achievement or disappointment.
In the event that a man has an internal locus of control, that individual credits accomplishment to his or her own endeavors and capacities. A man who hopes to succeed will be more roused and more inclined to learn.
Psychological research has discovered that individuals with a more internal locus of control appear to be in an ideal situation, e.g. they have a tendency to be greater accomplishment situated and show signs of improvement paying employments.