Death or happiness or even sadness or maybe life or a happy feeling
Answer: Financial projections
Explanation:
The financial projection is the term which is used for forecasting the various types of future based expenses and also the revenue of an organization. It also helps in preparing the financial statement by using their best knowledge, result and also manage the cash flow system.
It also helps in developing the various types of short term financial based projection that for the purpose of internal marketing information.
The importance of the financial projection is that it helps in preparing the basic finance base statement by predicting the firm's outcome. Therefore, Financial projections is the correct answer.
Answer:
The correct answer is $36,000.
Explanation:
According to the scenario, the given data are as follows:
Break even quantity = 6000 units
Selling price = $10 / unit
So, Sales cost = 6,000 × $10 = $60,000
Variable cost = $4 / unit
So, total variable cost = 6,000 × $4 = $24,000
So, we can calculate the fixed cost by using following method:
Fixed cost = Sales cost - Variable cost
By putting the value,
Fixed cost = $60,000 - $24,000
= $36,000.
Hence, the fixed cost is $36,000.
Answer:
Part 1:
Part 2:
Explanation:
Part 1: (the book value per share of the preferred and common stock under No preferred dividends are in arrears)
Book value per share of the preferred :
In our case Cumulative dividends=0
Book value per share of the common stock:
In our case Cumulative dividends=0
Part 2:
Annual Preferred Dividend=4%*$25*10,000=$10,000
Three years of preferred dividends are in arrears= 3*Annual Preferred Dividend
Three years of preferred dividends are in arrears= 3*$10000=$30,000
Formula for the book value per share of the preferred is same as above,so we will direct calculate:
In our case Cumulative dividends=$30,000
Book value per share of the preferred :
Book value per share of the common stock:
Formula for the book value per share of the common stock is same as above,so we will direct calculate:
Answer:
1,231,000 units
Explanation:
Given that,
Fixed costs = $274,950
Selling price = $9.30 per unit
Unit variable cost = $7.85
Target net income = $1,510,000
Contribution margin:
= Sales per unit - Variable cost per unit
= $9.30 - $7.85
= $1.45
Target Contribution margin:
= Fixed costs + Target income
= $274,950 + $1,510,000
= $1,784,950
Units to be sold:
= Target Contribution margin ÷ Contribution margin
= $1,784,950 ÷ $1.45
= 1,231,000 units
