Answer:
Income will increase by $84.
Explanation:
<u>The break-even point is the number of units required to cover the fixed costs. Net income is zero.</u>
First, we need to calculate the unitary variable cost:
Unitary variable cost= 120*0.3= $36
<u>Now, the unitary contribution margin:</u>
unitary contribution margin= 120 - 36
unitary contribution margin= $84
Income will increase by $84.
Answer:
Owing cash on credit accounts doesn't really mean you're a high-hazard borrower with a low credit Score. Notwithstanding, when a high level of an individual's accessible credit is been utilized, this can show that an individual is overextended, and is bound to make late or missed installments.
The amount owed on different accounts decides 30% of the FICO score. Aside from the general amount owed, the FICO scores think about the amount claimed freely on explicit accounts. On the off chance that you utilize a noteworthy part of the credit you are qualified for, it can negatively affect the FICO scores. Be that as it may, utilizing a less amount from as far as possible allowed can give you a superior score than not utilizing the credit by any stretch of the imagination.
Answer:
Finance Learning Corporation
Explanation:
Answer:
a. $17,978
b. $300,000
Explanation:
Conditions
- The cotton country of lancaster, california has owned his home for ten years
- purchased it for $178,000, cotton bought a $160,000 homeowner's insurance policy
- the replacement cost of the home is now $300,000
a. hence,
the proportion of the house insured = 
%
= 89.89%
Percentage amount covered by the policy
= proportion of the house insured = 89.89%
Amount covered by the policy in dollars
= $20,000 × 89.89%
= $17,978
b
Amount of insurance on the home that cotton should now carry to be fully reimbursed for a fire loss = current value of the home
= $ 300,000
Answer:
Pretax financial income is $3,350,000.00
Explanation:
Fleming's pretax financial income is the taxable income for 2018 plus the increase in cumulative taxable temporary difference in 2018.
Taxable income is $4,000,000
Difference in cumulative taxable difference=$1,600,000-$2,250,000
=-$650,000
pretax financial income=$4,000,000+(-$650,000)
=$4,000,000-$650,000
=$ 3,350,000.00
The pretax financial income for year 2018 is $3,350,000.00
