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garik1379 [7]
3 years ago
12

Menlo Company distributes a single product. The company’s sales and expenses for last month follow: sales 616,000 net operating

income 31,200 g.What is the monthly break-even point in unit sales and in dollar sales?
Business
1 answer:
DerKrebs [107]3 years ago
6 0

Answer:

Explanation:

Giving the following information:

The company’s sales and expenses for last month follow: sales 616,000 net operating income 31,200

Break-even point= fixed costs/ contribution margin

Break-even point (dollars)= fixed costs/ contribution margin ratio

Contribution margin= selling price - unitary variable cost

Contribution margin ratio= contribution margin/ selling price

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McConnell Corporation has bonds on the market with 12 years to maturity, a YTM of 10.0 percent, a par value of $1,000, and a cur
PolarNik [594]

Answer:

13.28%

Explanation:

The computation of the coupon rate is shown below

But before that determine the PMT

Given that

NPER = 12 × 2 = 24

RATE = 10% ÷ 2 = 5%

PV = $1,226.50

FV = $1,000;

The formula is shown below

= PMT(RATE;NPER;-PV;FV;TYPE)

After applying the above formula, the monthly payment is

= $66.41 × 2

= $132.82

Now the coupon rate is

= $132.82 ÷ $1,000

= 13.28%

3 0
3 years ago
[30 PTS + BRAINLIEST]
saw5 [17]

Answer:

C

Explanation:

A farmer would want to look at the economic status of the US because his goal is to sell as much wheat as possible and make the most profit. If he pays no attention to the economy and there's a recession but he still sells his wheat at the normal price, people whose stocks are going down and who are losing money will be unable to, and unwilling to, pay the price. Thus, the farmer must inspect the changing economic statuses of the US to determine the best and most effective way to market out his wheat to the public.

Changes in US racial patterns have no impact on the marketing of the farmer's wheat, so A is incorrect.

The number of births per year is also irrelevant, as is the general population growth numbers because these do not affect the way the farmer will market his crops, so B and D are incorrect.

Hope this helps!

3 0
3 years ago
Read 2 more answers
A real estate agent is considering changing her land line phone plan. There are three plans to choose from, all of which involve
Yakvenalex [24]

Answer:

PLAN A:

(120 * 0.39) + (40 * 0.19) + 20 = $74.40

PLAN B:

(120 * 0.49) + (40 * 0.14) + 20 = $84.40

PLAN C:

$20 + $75 = $95 ;

PLAN A is optimal from 0 to 192 minutes

PLAN C is optimal from 192 minutes onward ;

Explanation:

PLAN A :

Service charge = $20

Daytime = $0.39 per minute

Evening = $0.19 per minute

PLAN B :

Service charge = $20

Daytime = $0.49 per minute

Evening = $0.14 per minute

PLAN C :

Service charge = $20

225 minutes = $75

Minutes beyond 225 = $0.36 per minute

A.)

Determine the total charge under each plan for this case: 120 minutes of day calls and 40 minutes of evening calls in a month.

PLAN A:

(120 * 0.39) + (40 * 0.19) + 20 = $74.40

PLAN B:

(120 * 0.49) + (40 * 0.14) + 20 = $84.40

PLAN C:

$20 + $75 = $95

b. If the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal?

PLAN A:

20 + 0.39D = 95

0.39D = 95 - 20

D = 75 / 0.39

D = 192.31

5 0
3 years ago
In 2019, Meghann Carlson, a single taxpayer, has QBI of $129,100 and modified taxable income of $103,280 (this is also her taxab
victus00 [196]

Meghann carlson QBI deduction is = $548,623

Solution:

The qualifying business income exclusion (QBI) referred to as Section 199A requires operators to receive up to 20 percent of their eligible business earnings for a tax deduction. It was implemented in the context of the Tax Cuts and Jobs Act 2017.

Since gross deduction for QBI deduction is set at 20% of lower of QBI ($129,100 ) or Taxable income($103,280)

So the lower is taxable income ,

i.e $103,280 × 20% ( 103,280 × 20÷ 100)

  = 20,656 ( 206.56 )

= $548,623

3 0
3 years ago
Pete the Pizza Man produced $87,000 worth of pizzas in the past year. He paid $39,000 to employees, paid $11,000 for vegetables
Ne4ueva [31]

Answer:

$133,000

Explanation:

We can find Pete's total contribution to GDP by adding up the following numbers:

$87,000 worth of pizzas - because finished goods are part of GDP

$39,000 paid to employees - because wages are part of GDP

$5,000 paid in taxes - taxes are part of GDP because they are government revenue

$2,000 of inventories at the end of year - end-of-year inventories are included in GDP

Therefore: $87,000 + $39,000 + $5,000 + $2,000 = $133,000

the $11,000 worth of ingredients are not included in GDP because GDP only accounts for finished goods and services.

5 0
3 years ago
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