Today's Standard Checking accounts allow you to receive direct deposits from your employer and write checks to pay your bills. It does NOT offer you the right to pay bills online.
Answer:
The correct answer here is option A) 16,000 units and 12,800 units.
Explanation:
Break even sales is a very important analysis which a company's management do to know how much of the sales they need to make to avoid losses and earn profit. In this all the fixed cost and variable cost are included.
FORMULA FOR BREAK EVEN SALES ( UNITS ) =
FIXED COST / CONTRIBUTION MARGIN
Where contribution margin = selling cost per unit - variable cost per unit
OLD BREAK EVEN SALES =
where fixed cost = $256,000 and selling unit = $38, variable cost= $22
= FIXED COST / CONTRIBUTION MARGIN
= $256,000 / $38 - $22
= $256,000 / 16
= 16,000 UNITS
NEW BREAK EVEN SALES =
here new selling price per unit = $42
= $256,000 / $42 - $22
= $256,000 / $20
= 12,800 units.
Answer:
$167 million
Explanation:
Particulars Amount ($ millions)
Cash paid to retire note -94
Less: Common shares acquired for treasury -154
Add: Proceeds from issue of preferred stock 218
Add: Proceeds from issue of subordinated bonds 274
Less: Cash dividends paid on preferred stock <u>-77</u>
Net cash from financing activities <u>167</u>
Note: Cash interest paid to bondholders belongs to Operating activity
Answer:
Pilot Conversion Approach.
Explanation:
According to my research on different conversion approaches, I can say that based on the information provided within the question the approach being described is called a Pilot Conversion Approach. Like mentioned in the question this approach is when a professional tests and implements a new system is slowly tested and implemented into single departments/divisions within a company as opposed to the whole company at once. This is done in order to make sure everything is running smoothly and catch errors along the way in order to be able to fix them before the whole system is implemented into the entire company.
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Answer:
Explanation:
Corcoran Corp. pays a constant $7.10 dividend on its stock. The company will maintain this dividend for the next 10 years and will then cease paying dividends forever. If the required return on this stock is 11 percent, what is the current share price
Given that:
Dividend = $7.10 dividend on its stock
Rate r = 11 percent
The company will maintain this dividend for the next 10 years
