Answer:
$273,600
Explanation:
The selling price per unit is $160
Variable expense per unit is $70.40
Fixed expense per month is 153,216
Therefore the monthly breaking can be calculated as follows
CM ratio = 56%
=>56/100
= 0.56
= 153,216/0.56
= 273,600
Hence the monthly break even in monthly dollars sales is $273,600
Answer:
Explanation:
The journal entries are shown below:
(a) a $415 credit balance before the adjustment.
Bad debt expense A/c Dr $685
To Allowance for Doubtful Accounts $685
(Being bad debt expense recorded)
Since the allowance for doubtful debts have a credit balance so this amount will be deducted. The computation is shown below?:
= (Outstanding accounts receivable × uncollectible rate) - credit balance
= ($55,000 × 2%) - $415
= $1,100 - $415
= $685
(b) a $291 debit balance before the adjustment.
Bad debt expense A/c Dr $1,391
To Allowance for Doubtful Accounts $1,391
(Being bad debt expense recorded)
Since the allowance for doubtful debts have a debit balance so this amount will be added. The computation is shown below?:
= (Outstanding accounts receivable × uncollectible rate) + debit balance
= ($55,000 × 2%) + $291
= $1,100 -+$291
= $1,391
Answer:
the investor wil receive a net of 87,500 dollar after the taxation on diviends.
Explanation:
we are given with the after-tax distribution for the company at $1 dollar per share
100,000 shares x $1 each = $100,000 cash dividends
then we apply the dividends earnings taxation to solve for how much is the after tax cash received by the holder:
$100,000 x (1 - 0.125) = $87,500
Answer:
The value of a customer is $193.2.
Explanation:
The value of the customer can be calculated by considering the profit they generate, retention rate, and the discount.
Value of a customer = Profit per year * Retention rate * (1 - discount)
Value of a customer = 300 * 0.7 * (1 - 0.08)
Value of a customer = 300 * 0.7 * 0.92
Value of a customer = 193.2
Thus, the value of a customer is $193.2.
