Answer:
Option C) Medoc Company's Break Even Point is 34,100 Units
Explanation:
Break Even point is defined as the level of activity or production at which the company's Total Sales Revenue is equal to its total expenses. In other words, Break Even Point is No Profit, No Loss Point.
Break Even Point in Units = Total Fixed Costs ÷ Contribution Per Unit
where:
Contribution per unit = Selling Price per unit - Variable Costs per Unit
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<u>Calculations:</u>
Contribution per Unit = $6.30 - $4.55 = $1.75
Break Even Point in Units = $59,675 ÷ $1.75
Break Even Point in Units = 34,100 Units
Answer:
The U.S. federal debt as a fraction of GDP in year 2050 will be 77%
Explanation:
According to the given data we have the following:
Debt in the end of 2018 = 104% of GDP
Nominal GDP growth = 3%
Interest on debt = 2%
In order to calculate What will be the U.S. federal debt as a fraction of GDP in year 2050 first we have to calculate the debt in 2050 using the following formula:
Debt in 2050 = Current Debt*(1+r%)n
Debt in 2050 = 104*1.0232 = 196
Next, we would have to calculate the GDP in 2050 using the following formula:
GDP in 2050 = Current GDP*(1+r%)n
GDP in 2050 = 100*1.0332 = 257.5
Therefore, Debt as percentage of GDP in 2050 = 196/ 257 = 77%
Answer:
Investing activities
Explanation:
Investing activities refer to the activities of purchasing and selling long-term assets or other investment instruments. Cash flow from investing activities is among the three primary sources of a business's cash flows as recorded in a cash flow statement.
Other activities that are considered investing activities include
- Acquisitions of other firms or businesses
- Incomes from the sale of other businesses
- Purchases or sale of marketable securities such as shares, bonds, etc
Answer:
1. Dividends = Dividends, it decreases stockholder's equity.
2. Rent Revenue = Revenue, it increases stockholder's equity
3. Advertising Expense = Expense, it decreases stockholder's equity
4. Stockholder's pay cash into business = Issuance of stock, increases stockholder's equity.
Explanation:
Notes to above:
1. Dividends are paid from current year income or from retained earnings, as both current year earnings and retained earnings are clubbed into equity thus, with payment of dividend, equity is decreased.
2. Rent revenue is a part of income and income is part of equity as with increase in income there is increase in equity also.
3. Advertising expense will decrease the income and with decrease in income there will be decrease in equity.
4. Stockholder's pay cash into business as for issuance of stock and with issue of stock equity will increase.
Net operating income was $24000
Fixed expenses=$96000
Sales=$300000
cost per unit=$20
unit sales=$15000 units
CM=$120,000
CM per unit=$8
BE units=FC/CM per unit=96000/8=12,000 units
