Answer:
Page Setup
Explanation:
Page set up allows users to determine how a print out will appear. The user can customize the page size and layout. The page setup dialog box is available under the Layout tab in the Ribbon menu.
Page layout makes it possible for users to set the print parameters. These parameters include paper size, page orientation, page margins, and quality of the print.
Answer:
Ending inventory= $5,592.45
Explanation:
Giving the following information:
Mar. 1: Beginning inventory= 1,090 units at $7.25
Mar. 10: Purchase: 510 units at $7.75
Mar. 16: Purchase: 397 units at $8.35
Mar. 23: Purchase: 510 units at $9.05
First, we need to calculate the number of units in ending inventory:
Ending inventory in units= total units - units sold
Ending inventory in units= 2,507 - 1,880= 627
Under FIFO (first-in, first-out), the ending inventory is composed of the cost of the last units bought.
Ending inventory= 510*9.05 + 117*8.35= $5,592.45
Sure, let me help you on this one!
Well, we need a policy that will not expire, and that has a death benefit. The only one on the list that fits this description would be letter B.
There are tons of life insurances out there; however, permanent insurance is one of few that pays out money to the relatives to help them achieve their life goals such as paying tuition for college.
Answer: permanent policy.
Answer:
It should cost $605,183.13 today.
Explanation:
Giving the following information:
Cash flow= $50,000
Number of years= 30
Interest rate= 7.25%
To calculate the present value, first, we need to calculate the final value using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= cash flow
FV= {50,000*[(1.0725^30)-1]} / 0.0725
FV= $4,940,897.47
Now, we can calculate the present value:
PV= FV/(1+i)^n
PV= 4,940,897.47/ (1.0725^20)
PV= $605,183.13
Answer:
a.
Break even sales in units = 93000 Units
b.
Sales in units required for Target Income = 118000 units
Explanation:
a. Anticipated Break even sales in units
The break even in units is the number of units that a business must sell in order to for its total revenue to be equal to total costs and for it to break even. The break even in units is calculated as follows,
Break even in units = Fixed Costs / Contribution margin per unit
Where,
Contribution margin per unit = Selling price per unit - Variable cost per unit
Break even sales in units = 1860000 / (125 - 105)
Break even sales in units = 93000 Units
b. Operating income
To calculate the number of units required to earn a certain income or profit, we simply use the break even equation and add the income or profit amount required in the fixed cost. Thus the sales in units required to earn an operating income of $500000 is,
Sales in units required for Target Income = (1860000 + 500000) / (125 - 105)
Sales in units required for Target Income = 118000 units