- The correct form to fill the blanks of the following independent cases is:
<u>Case Revenues variable Fixed Total operating contribution </u>
<u> cost cost cost income margin Contribution</u>
a 2400 600 200 800 1600 75% 1800
b 2500 1400 200 1600 900 44% 1100
c 500 300 200 500 0 40% 200
d 1200 900 200 1100 100 25% 300
The below formulas should be used:
-
Contribution = Revenues - variable cost.
- Contribution margin = contribution ÷ revenue.
- Operating income = Revenue - total cost
- Total cost = fixed cost + variable cost
Answer:
Cost of goods sold= $1,980
Explanation:
Giving the following information:
beginning inventory of 360 units at $11 per unit
February= purchases 530 units at $16 each
October= 320 units at $12 each
Laurel sells 180 units during the year.
The cost of goods sold is calculated using the purchase price of the firsts units incorporated.
Cost of goods sold= 180*11= $1,980
Answer:
a. FALSE
Both Employers and Employees do most of the paying not the Federal government which only steps in for subsidies to lower income households.
b. TRUE
The Government can indeed fine employers or individuals for not having or providing health insurance.
c. FALSE
They cannot deny him coverage based on his pre-existing medical condition as a result of the ACA and neither can they charge higher premiums.
d. TRUE
Funding the ACA will need the Government to raise more revenue and they plan to do so by imposing new taxes on items including medical devices and indoor tanning.
e. TRUE.
A person under the age of 26 is to be a dependent under this Act and this includes married people under the age of 26 as well as unmarried.
Answer:
11.57 is the book value per share.
Explanation:
Given: Total common equity= $2050000.
Total number of outstanding shares= 190000
Net Income= $250000
Dividend paid out= $100000.
We know the formula for finding book value per share at 12/31/2015.
Book value per share= 
First, lets find out accumulated earning.
Accumulated earning= 
Accumulated earning= 
∴Accumulated earning= $ 150000.
Now, Book value per share= 
⇒ Book value per share= 
∴ Book value per share= $11.57.
Answer:
51
Explanation:
12 divided by 4 is 3 so we'll multiply all of the smaller triangle by 3.
4 x 3 = 12
6 x 3 = 18
7 x 3 = 21
12 + 18 + 21 = 51
