Answer:
1. Estimate Product XT's break-even point in terms of sales units and sale dollars.
break even point = $193,200 / ($210 - $168) = 4,600 package (each containing 100 yards)
break even point in $ = 4,600 x $210 = $966,000
2) attached graph
3) Income Statement
Revenue $966,000
Variable costs <u>($772,800)</u>
Contribution margin $193,200
Fixed expenses <u>($193,200)</u>
Operating income $0
The gross method of recording the sale is recording an account
at its original price no deductions of the cash discounts offered.
Perpetual Inventory system bring up-to-date the inventory accounts
when there is an acquisition or sale.
The journal entry would be:
Debit:
Accounts receivable 7,800
Cost of goods sold 4,500
Credit:
Sales 7,800
Merchandise inventory 4,500
Answer:
Option (a) $114,000
Explanation:
Data provided in the question:
Dividend declared = $240,000
Shares outstanding = 9,000
Interest = 7%
Now,
Value of share = $100 × 9,000
= $900,000
Dividend to Preference Stock Holders Arrears = 7% of Value of share
= 0.07 × $900,000
= $63,000
Dividend to Preference Stock Holders = $63,000
Therefore,
Dividend to Common Stock Holders
= $240,000 - $63,000 - $63,000
= $144,000
Option (a) $114,000
Answer:
E.g., Nokia did...
Customers made it clear to them that neither Windows phone nor Symbian will get anywhere near Android or iOS.
They resisted, ignored. They just flat out wanted the customers to adapt to their OS rather the other way around due to the absolute authority in the mobile phone market share.
As with any business which doesn't evolve as per the customer demands, the end was inevitable, and it was just a matter of time.
Brainliest me <3
Answer:
Its important to diversify because it can help an investor manage risk and reduce the volatility of an asset's price movements. If his high risk investment backfires hes left with almost nothing, diversifying can give him a safety blanket just incase. The many ways he can diversify include, but aren't limited to, Use asset allocation or target date funds, Invest in a mix of mutual funds or ETFs, Customize with individual stocks and bonds, Vary company size and type, Invest abroad, and add complexity.
Explanation: