Mortgage payments are expenses associated with home ownership
Answer:
See below
Explanation:
With regards to the above, Jaheem's business profit increase is calculated as
= Fixed cost + Desired profit/Contribution margin
Given that;
Fixed cost = $400,000
Desire profit = $22,000
Contribution margin = $9.4
= $400,000 + $22,000/($24 - $14.6)
= $422,000/$9.4
= $44,894
Therefore, increase on profit
= $44,894 - $22,000
= $22,894
Your answer is C. Accumulated Depreciation will be credited. :D
Hi The type of insurance is called Bodily injury coverage
Fred will either have to pay more than he proposed or Barney would be able to open his business in the same city