Answer:
the break even point is 300 cards sold
Explanation:
The computation of the break even point in units is shown below:
= Fixed cost incurred ÷ contribution margin per unit
= $300 ÷ ($2 - $1)
= $300 ÷ ($1)
= 300 cards sold
As we know that the contribution margin per unit is
= Selling price per unit - variable cost per unit
And, the same is to be followed
Hence, the break even point is 300 cards sold
Answer:
The opening balance is the amount of money that is available in the bank at the beginning of each financial period, such as the start of each month or each year. It is the amount brought forward and first figure entered in the account at the beginning of each period. When the amount is newly opened, the opening balance is the first amount entered in the account
Therefore, the opening balance is the difference between the closing balance and the deposit less the withdrawals within a period
Closing Balance = The Opening Balance + Total Income - Total Expense
Therefore;
<em>The Opening Balance = Closing Balance - Total Income + Total Expense</em>
Explanation:
Answer:
The government function selected is protection and regulation of the enviroment.
This government function is mainly carried out by the Enviromental Protection Agency (EPA).
Over the past fifteen years, the EPA annual budget has averaged at around 8 billion dollars. In this time frame, it had its highest budget in 2010, with over 10 billion dollars.
The EPA essentially deals with market failures. Externalities like pollution or over exploitation of natural resources (tragedy of the commons) are some of the most commonly issues that the EPA has to solve.
Answer:
Geocentric.
Explanation:
A geocentric company views the entire world as a single market and develops standardised marketing mix, projecting a uniform image of the company and its products, for the global market .The business of the geocentric multinational is usually characterised by sufficiently distinctive national markets that the ethnocentric approach is unworkable and where the importance of learning curve effects in marketing, production technology and management makes the polycentric philosophy substantially suboptimal.
Geocentric managers are the ones that accept that there are differences and similarities between home and foreign personnel and practices and that they should use whatever techniques are most effective.
This approach is feasible when highly competent and mobile managers have an open disposition and high adaptability to different conditions in their various assignments and such employees are available at HQ as also in subsidiaries.
Answer:
The correct answer is option (a).
Explanation:
According to the scenario, the computation for given data are as follows:
Net cash flow = Net income + Depreciation expense - Increase in accounts receivable - Decrease in accounts payable
Net cash flow = $165,000 + $28,000 - $16,000 - $21,000
= $193,000 - $37,000
= $156,000
Hence, the net cash flow from operating activities using the indirect method is $156,000.