Answer:
a. Break Even points in past year 8,750 units
b. Break Even point in coming year 10,000 units
Explanation:
The breakeven sales in units is calculated by dividing the fixed costs by the contribution margin of each unit of sales.
The selling price is $ 40 and the variable costs per unit are $ 32 so the contribution margin per unit is $ 8.
For past year
To cover the fixed costs of $ 70,000 the breakeven point is calculated as:
$ 70000/ $ 8 = 8.750 units.
For coming year
The fixed costs are increasing by the property taxes increase of $ 10,000 so the fixed costs are $ 80,000
Break even point is calculated as $ 80,000/$8 = 10,000 units.
If your savings account balance increases by $10 .The categories on your balance sheet affected is: savings account and cash.
<h3>What is savings account?</h3>
Savings account can be defined as the account that help you to save your money while you earn interest on the amount saved.
In a situation where the money in your savings account increase by $10 because of the interest earne, cash will be affected under current assets on your balance sheet.
Inconclusion the categories on your balance sheet affected is: savings account and cash.
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Answer:
a) 3,000
b) 396,850
c) 2,976.38
d) 393,873.62
Explanation:
a) principal x rate x time = interest
400,000 x 0.09 x 1/12 = 3,000
b) 6,150 - 3,000 = 3,150 principal payment
400,000 - 3,150 = 396,850
c) principal (carrying value) x rate x time = interest
396,850 x 0.09 x 1/12 = 2,976.38
d) 396,850 - 2,976.38 = 393,873.62
Answer:
Currency prices can be determined in two main ways: a floating rate or a fixed rate. A floating rate is determined by the open market through supply and demand on global currency markets. ... 5 Therefore, most exchange rates are not set but are determined by on-going trading activity in the world's currency markets.
The correct option is a. True.
The federal government oversees the licensure of healthcare facilities, including hospitals is a true statement.
<h3>What is federal government?</h3>
A federal law is a form in which local state administrations that are interconnected with the national government and a central govt share power. The national government has power over some aspects of public life, while local governments have control over other aspects.
Some key features of federal government are-
- The ideal places for federal governments to function are in large nations with a diversified population that has a shared culture and a range of requirements.
- Constitutions in federal government systems typically outline which spheres of public life the federal government will regulate and which spheres the individual states will regulate.
- The many different demands of a country with a big geographic area are assisted by federal governments. Therefore, it is not surprising that huge countries such as the United States, México, German, Canada, Brazil, and numerous others have federal governments.
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