Answer:
(B) be able to transfer ownership without affecting the continuity of the company
Explanation:
The corporate form of business has many advantages incuding the ability to transfer ownerhip without affecting the continuity of the business ( the selling of shares). This is the case as the business is seperate from its owners. The business is a legal entity that own properties, and also carry' s out allot of activities on its own. This is not the case with sole proprietorship and partnership where the owners and the business are one and the same and the owners could be personally liable for its debts.
Answer:
$55 per unit
Explanation:
The computation of the total cost per unit of the product is shown below:
= Total cost incurred ÷ number of units manufactured
= $132,000 ÷ 2,400 units
= $55 per unit
BY dividing the total cost incurred with the number of units manufactured we can get the total cost per unit
All other information i.e shown is not relevant. Hence, ignored it
Answer:
If a company is operating beyond its break-even point, sale of one more unit of products increases the company's profit by the amount of the unit contribution margin.
The correct answer is A
Explanation:
If a company operates beyond the break-even point, any sale of an additional unit increases the company's profit by the amount of the unit contribution margin. This is due to the fact that the fixed cost remains constant and any increase in sale increases contribution and profit by the same amount.
Answer:
Calcium carbonate reacts w/stomach acid according to the following chemical equation.
CaCO3+2HCl(aq)-> CaCl2(aq)+H2O(l)+CO2(g)
A company had net income of $40,000, net sales of $300,000, and average total assets of $200,000. The profit margin and total asset turnover ratio are 13.3% each. 1.5.
There are two methods that can be used to calculate return on assets. The first method is to divide the company's net income by its average total assets. The second method is to multiply the company's net profit margin by sales.
Return on assets is calculated by dividing a company's after-tax earnings by total assets. The balance sheet total corresponds to the company's total equity and liabilities. This value can be found on the company's balance sheet.
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