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3 years ago

The break-even point is where the line crosses the line in a graphic break-even analysis. Select one:

Business

1 answer:

Yakvenalex [24]3 years ago

7 0

Answer:

The correct answer is E) Total costs, total sales revenue

Explanation:

The break even point is simply the point where the total cost of production is equal to the total revenue that you get from sales. This is in theory, the minimum point at which a firm can operate, although, it is not by all means the point at which a firm will want to stay, because at this point the profit is zero.

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On the basis of the information, and assuming trade occurs between the three states, we can expect Multiple Choice Washington to

Goshia [24]

Answer: Washington to exchange apples with Texas and receive money in return.

Explanation:

The picture relating to the question has been attached.

From the question, we are informed that Michigan has surplus autos, and wants lettuce. Texas has surplus lettuce and wants apples. Washington has surplus apples and wants autos.

If trade occurs among the three states, Washington will exchange its apples with Texas since it has surplus apples and Texas also want apples. Of the three states, it is only Washington that has surplus apples so it can exchange with Texas for money.

7 0

3 years ago

You have $10,000 to invest. You want to purchase shares of Alaska Air at $42.56, Best Buy at $51.42, and Ford Motor at $8.56. Ho

abruzzese [7]

Answer:

Alaska = 46.99 units

Best buy = 58.34 units

Ford Motor = 584.11 units

Explanation:

To determine the unit of each class of stock to purchase, we wll multiply each of the percentages by the total fund to be arrive the proportion of fund to be invested in each class.

Further more, we will divide the allocated amount by the share price per unit

Shares to be purchased to have the given proportion would be '

Alaska (20%) =(20%× 10,000)/42.56= 46.99 units

Best buy (30%) = (30% × 10,000)/ 51.42 = 58.34 units

Ford Motor (50%) = (50% × 10,000)/ 8.56 = 584.11 units

3 0

3 years ago

416,000 people each receive an average refund of $3,600, based on an interest rate of 3 percent, what would be the lost annual i

victus00 [196]

Answer:

$44,928,000

Explanation:

The fact that 416,000 received a refund of $3,600 each means that the tax authority would lose the interest income that could have been generated on the total refund amount based on a 3% interest rate of return.

Lost annual income=number of people who got refund*average refund per person*interest rate of return

number of people who got refund=416000

average refund per person=$3,600

the interest rate of return=3%

Lost annual income=416,000*$3,600*3%

Lost annual income=$44,928,000

6 0

3 years ago

John is researching the job of a quality control inspector. He thinks it would be fun to monitor the production process and test

klio [65]

Quality Control Inspectors need to keep accurate records of products checked, sometimes carrying out a statistical analysis. They often produce written reports for the production team and have regular meetings to discuss how quality standards can be maintained, or highlight problem areas that require review.

6 0

4 years ago

On October 10, the stockholders’ equity of Sherman Systems appears as follows. Common stock–$10 par value, 77,000 shares authori

Vikki [24]

Answer:

See the explanation below:

Explanation:

1. Prepare journal entries to record the following transactions for Sherman Systems

a. Purchased 5,500 shares of its own common stock at $30 per share on October 11.

Details Dr ($) Cr ($) 

Treasury Stock (5,500 × 30) 165,000

Cash 165,000

To record the repurchase of own common stock

b. Sold 1,125 treasury shares on November 1 for $36 cash per share.

Details Dr ($) Cr ($)

Cash (1,125 × 36) 40,500

Treasury Stock (1,125 × 30) 33,750

Paid-in Capital from Sale of Treasury Stock 6,750

To record the sale of treasury stock.

c. Sold all remaining treasury shares on November 25 for $25 cash per share.

Details Dr ($) Cr ($) 

Cash (4,375 × 25) 109,375

Paid-in Capital from Sale of Treasury Stock 6,750

Retained Earnings 15,125

Treasury Stock 99,000 (4,375 × 30) 131,250

To record the sale of the remaining treasury shares

Kindly note that there is a balance of $6,750 in the Treasury Stock Paid-in Capital account. Since it is utilized, the remaining deficit will show in Retained Earnings.

2. Prepare the stockholders' equity section after the October 11 treasury stock purchase.

Details $

77,000 issued authorized common stock–$10 par value 770,000

Paid-in capital in excess of par value, common stock 241,000

Retained earnings 904,000

Treasury stock (165,000)

Total stockholders’ equity 1,750,000

3 0

4 years ago

The break-even point is where the ____ line crosses the ____ line in a graphic break-even analysis. Select one:

The break-even point is where the line crosses the line in a graphic break-even analysis. Select one: