Answer:
1229.4
Explanation:
Breakeven quantity are the number of units produced and sold at which net income is zero
Breakeven quantity = fixed cost / price – variable cost per unit
$ 127,490 / ( $ 170 - $ 66.30) = 1229.4
Prioritizing, organization, strategic planning
Answer:
Dr accounts receivable $ 1,280.50
Cr tuition fees earned $ 1,280.50
Explanation:
At the end of October, WTI would have taught the class for half a month, hence the commensurate tuition fees earned should be recognized by debiting accounts receivable as an asset while tuition fees earned is credited accordingly.
Half of the month tuition fees=$2,561*1/2=$1,280.50
The $ 1,280.50 tuition fees earned for half of October is debited to accounts receivable and recognized as revenue earned by crediting tuition fees earned
Answer:
c. increase the quantity of health care demanded and cause an overallocation of resources to the health care industry.
Explanation:
Since health insurance includes provided health care, insurance companies and programs demand more health care in order to complete their insurance programs. Since more health care is demanded, financial resources naturally go to health care, as it is a lucrative business, like most things in demand.
Answer:
25.21
Explanation:
The Price Earnings Ratio explains the correlation between a company’s stock price and earnings per share (EPS).
Calculating the price earning ratio is by the formula below.
PE = share price/ earning per share.
For Jupiter, the share price is $1.80 per
The EPS is as net income/outstanding shares
net income is the profits = 5 % of 9,000
net income = 5/100 x $9000
=0.05 x $9000
=$450
EPS =450/6300
EPS= 0.071
The Price Earnings Ratio= $1.80/0.0714
=25.21
