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Ulleksa [173]
2 years ago
12

Narchie sells a single product for $60. Variable costs are 50% of the selling price, and the company has fixed costs that amount

to $705,000. Current sales total 19,000 units. After the break -even point each unit that Narchie sells will: In order to produce a target profit of $15,000, Narchie's dollar sales must total: If Narchie sells 24,000 units, its safety margin will be
Business
1 answer:
posledela2 years ago
8 0

Answer:

Answer of each requirement of question is given below.

break -even point

BE = fixed cost/contribution = 705,000/ 30 = 23,500 units

In order to produce a target profit of $15,000, Narchie's dollar sales must total

= (fixed cost + Target profit) Contribution

= 705,000 + 15,000/ 30 = 24,000 units

= 24,000* 60 = $ 1,440,000

If Narchie sells 24,000 units, its safety margin will be

MOS = Unit sold - Break even = 24,000 - 23,500 = 500 units

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During September, the capital expenditure budget indicates a $280,000 purchase ofequipment. The ending September cash balance fr
Mariulka [41]

Answer:

$260000

Explanation:

$280k  purchase equiment >> Outflow of cash

$40,000>> Operative Cash >> Inflow Cash

$260k >> cash loan in order to achieve balance

------------------------------

$20000 >> Cash balance

5 0
3 years ago
If you value outdoor recreation, which career might be good for you?
spin [16.1K]
You could be a coach of some sort or you could try to be a profesinal athlete or you could be a triner 
4 0
3 years ago
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An investor who was not as astute as he believed invested $276,500 into an account 9 years ago. Today, that account is worth $21
Dimas [21]

Answer:

The annual rate of return is -2.83%

Explanation:

The annual rate can be calculated from the formula FV=PV*(1+r)^N

Where FV is the future value of the investment

PV is the amount invested which is $276,500

N is 9 years

213600=276,500*(1+r)^9

213600/276500=(1+r)^9

divide index on both sides by 9

(213600/276500)^1/9=1+r

(213600/276500)^1/9-1=r

r=-0.02827109

r=-2.83%

Hence the annual rate of return on the investment is -2.83%, which means the investment depleted by 2.83% from initial invested amount of $276,5000 to $213,600 after nine years

6 0
3 years ago
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Which of the following options is NOT a unique feature of​ e-commerce technology? A. The consumer is a participant in the proces
Blababa [14]

Answer:

<u>A. The consumer is a participant in the process of delivering products or services.</u>

Explanation:

  • As a  known fact the consumer is a part of the entire process and all of the e-commerce is surviving of the large consumer base and hence the delivery of the product to the home of the consumer is it a new or unique aspect of e-commerce.
  • Without the participation of the consumer, e-commerce has no competition in the marketplace while the rest are unique or global characteristics of the e-commerce industry.
3 0
3 years ago
A corporation has $12 million net income after taxes, 5 million common shares outstanding, and $10 million of 6% preferred stock
Oduvanchick [21]

$2.40., was incorrect. The correct answer was: $2.28.

Begin by calculating how much of the net income is available for common stockholders (net income after taxes minus preferred dividends equals earnings available for common stockholders). The preferred stockholders received $600,000 in dividends (100,000 pfd shares × $6 per share dividends = $600,000). After subtracting $600,000 from the net income of $12 million, this leaves $11.4 million (earnings available for common stockholders). Compute EPS (earnings available for common ÷ number of common shares outstanding = $11.4 million / 5 million shares = $2.28 per share EPS).

the qestion is incomplete .please read below to find the missing content

 A corporation has $12 million net income after taxes, 5 million common shares outstanding, and $10 million of 6% preferred stock ($100 par). What is the corporation's earnings per share (EPS)?

A) $2.52.

B) $1.20.

C) $2.28.

D) $2.40.

Earnings per share is the monetary value of earnings per outstanding share of a company's common stock. It is an important measure of a company's profitability and is often used in stock pricing.

EPS shows a company's profitability by showing how much profit the company makes for each share of its stock. The EPS figure is determined by dividing a company's net income by shares of common stock outstanding. However, the higher the EPS number, the more profitable the company.

Learn more about   EPS here

brainly.com/question/17186859

#SPJ4

7 0
1 year ago
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