Answer:
Excerpt from Duty, Honor, Country / Every Man a King
General Douglas MacArthur / Huey P. Long
Duty, Honor, Country / Every Man a King
By: General Douglas MacArthur / Huey P. Long
Excerpt of Duty, Honor, Country
General Douglas MacArthur
.
Explanation:
Answer: primarily cyclical deficit
Explanation:
Budget deficit occurs when the government expenditure for a certain year is more than the revenue the government makes.
Since the the United States economy was operating close to potential. The budget deficit experienced by the United States in 1969 was primarily cyclical deficit.
Answer:
$725000
Explanation:
The break-even point is the point at which the firms total expenses is equal to its total revenue and it neither makes a profit nor a loss. At any point before this, the firm makes a loss and at any point after this, the firm is making a profit. This is because, it has got to a point where after the unit variable costs are covered from the revenue, there is enough to cover fixed costs as well because the firm’s fixed costs are now being spread over a greater number of units.
The break-even point is calculated as:
Fixed costs / (Selling price per unit - variable cost per unit)
Hence, in this case : $253750 / ($100 - $65) = 7250 units.
In dollars, this would be...
Revenue : 7250 x $100 = $725000
Expenses : $253750 + ($65 x 7250) = $725000
Answer: 1,125,000
Explanation:
Break even point simply means when the total cost and the total revenue are equal.
Firstly, we need to calculate the cash related fixed cost for Boise Timber Co. This will be:
= Total fixed cost - Depreciation
= $6,000,000 - (25% × $6,000,000)
= $6,000,000 - (0.25 × $6,000,000)
= $6,000,000 - $1,500,000
= $4,500,000
The cash break-even point will be:
= $4,500,000/$4
= 1,125,000