i dont know, it could really be any thing tbh
Answer:
PV= $1,311.17
Explanation:
Giving the following information:
Future Value (FV)= $5,000
Number of periods (n)= 25 years
Interest rate (i)= 5.5% compounded annually
T<u>o calculate the present value (PV), we need to use the following formula:</u>
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PV= FV / (1+i)^n
PV= 5,000 / 1.055^25
PV= $1,311.17
Answer:
Taking into consideration only the income, the increase in unit sales will not increase the income of Honda. It can impact in other ways, like a decrease in inventory.
Explanation:
Giving the following information:
Honda Motor Company is considering offering an $1800 rebate on its minivan
New price $30200
Old price $28400.
The marketing group estimates that this rebate will increase sales over the next year from 42000 to 53900 vehicles.
Honda's profit margin with the rebate is $5650 per vehicle.
Normal price:
Income= (5650+1800)*42000= $312,900,000
New price:
Income= 5650* 53900= $304,535,000
Taking into consideration only the income, the increase in unit sales will not increase the income of Honda. It can impact in other ways, like a decrease in inventory.
Debit Credit
Feb 1
Services 500
Accounts Payable 500
Feb 25
Accounts Payable 300
Cash 300
March 5
Accounts Payable 200
Cash 200
The entries made in March 5th zeroed out the Accounts Payable on the Services bought on account last February 1st.
Answer:
The break even in dollars is $23000000
Explanation:
The break even point in dollars is the amount of revenue which produces no profit or no loss and where total revenue equals total cost. The break even in dollars is calculated by dividing the fixed cost by the weighted average contribution margin ratio.
Break even in dollars = Fixed costs / Weighted average contribution margin ratio
Weighted average contribution margin ratio is the contribution margin ratio of each products multiplied by the products weight in the sales mix.
Weighted average contribution margin ratio = Weight in sales mix of Product A * contribution margin ratio of product A + Weight in sales mix of Product B * Contribution margin ratio of Product B
Weighted average contribution margin ratio = 0.65 * 0.3 + 0.35 * 0.5 = 0.37
Break even in dollars = 8510000 / 0.37
Break even in dollars = $23000000