Answer:
The break even point is 25 units.
Explanation:
The break even point is where you have no gain, because the amount of sales in dollars is enoguh to cover your fixed costs. It is calculated
where the contribution margin (or CM) is the difference between price and variable cost. So, the CM in this case is 120 - 64 = 56.
Finally, the break even point is 
Answer:
Explanation:
Dividends.
Usually now days, the rate of return is anywhere from 3 to 8 %. That means that if you have 10000$ worth of stock, you should expect about 300 dollars per year back. Doesn't sound like much, but it can build up.
Shares are what you buy that return the dividends. 1 share brings back so much money. You don't have to sell the shares to get the money. I have no idea what allotments and dispensations are when referring to stocks.
<span>D. all of these is correct</span>
Answer:
The correct option is E ,a gain of $2000
Explanation:
A carrying value of $203000 implies that Chang industries currently has obligation of paying bondholders $203000 sitting in the bond payable account.
From the above, to settle the obligation a cash outflow of $203,000,hence paying only $201000 means the company pays $2000 less than it ought to pay,then a gain of $2000 is recorded.
The double entries for this transaction is given below
Dr Notes payable account $203000
Cr cash account $201000
Cr gain on redemption $2000
The gain is written to profit or loss in the period of redemption as it is a realized gain.
