Answer:
1,231,000 units
Explanation:
Given that,
Fixed costs = $274,950
Selling price = $9.30 per unit
Unit variable cost = $7.85
Target net income = $1,510,000
Contribution margin:
= Sales per unit - Variable cost per unit
= $9.30 - $7.85
= $1.45
Target Contribution margin:
= Fixed costs + Target income
= $274,950 + $1,510,000
= $1,784,950
Units to be sold:
= Target Contribution margin ÷ Contribution margin
= $1,784,950 ÷ $1.45
= 1,231,000 units
Answer:
d. $2,591.85
Explanation:
To solve we can use the present value formula defined by
where PV is present value, FV is future value, t is time and r is the interest rate , we can replace the values given in the question. Where 4000 is the future value, the time is t=6 years, and the interest rate is r=0.075, so we get
Answer:
A) $97,600
Explanation:
Calculation for the net cash provided or used by operating activities
OPERATING ACTIVITIES
Net Income $86,800
Depreciation Expense 13,500
Gain on Sale of Land (6,800)
Increase in Merchnadize Inventory (3,550)
Increase in Accounts Payable 7,650
Net Cash provided by Operations $97,600
Therefore the net cash provided or used by operating activities will be $97,600
For each willful violation $129,336 per violation
