Treat the kids as if they were their own and treat them equally with the other as well as help out the spouse with bills and other things
Answer:
Break-even point (dollars)= $574,000
Explanation:
Giving the following information:
Selling price per unit $ 200.00
Variable expense per unit $ 58.00
Fixed expense per month $ 407,540
<u>To calculate the break-even point in dollars, we need to use the following formula:</u>
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 407,540 / [(200 - 58)/200]
Break-even point (dollars)= $574,000
Answer:
The correct answer is B.
Explanation:
Giving the following information:
One year ago, Deltona Motor Parts deposited $16,500 in an investment account to buy new equipment three years from today. Today, it is adding another $12,000 to this account. The company plans on making a final deposit of $20,000 to the account one year from today.
To calculate the future value of the investment, we need to use the following formula:
FV= PV*(1+i)^n
First deposit= 16,500*(1.045^4)= 19,676.56
Second deposit= 12,000*(1.045^3)= 13,694
Third deposit= 20,000*(1.045^2)= 21,840.5
Total= $55,211.06
Answer:
D is the correct option.
Explanation:
Horizontal analysis is the analysis of the comparison of the historical financial information over a series of reporting periods. It is mostly used to know if any numbers are usually high or low in comparison to the information of bracketing periods, if the numbers are unusually high or low it can lead to detailed investigation to find out the reason. It is also used to project the number of various line items for the future. The analysis includes a simple grouping of information which is sorted by period. The numbers of succeeding periods can also be expressed in percentages.
