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lord [1]
3 years ago
14

The assets of a company total $738,000; the liabilities, $219,000. what are the net assets?

Business
1 answer:
ziro4ka [17]3 years ago
4 0
739,000 - 219,000 = 520,000

The net assets are assets minus liabilities, so it is $520,000 in this case.
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Night Shades Inc. (NSI) manufactures biotech sunglasses. The variable materials cost is $18.50 per unit, and the variable labor
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Answer:

a. $25.50

b. $9,725,000

c. Cash = 8,888.89 units

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Explanation:

a. Variable cost per unit = material cost + labor cost = $18.50 + $7.00 = $25.50

b. Total cost = Fixed + Variable

Variable = $25.50 \times 350,000 = $8,925,000

Fixed = $800,000

Total = $800,000 + $8,925,000 = $9,725,000.00

c. Cash break even point = (Fixed cost - Depreciation)/Contribution per unit

Fixed cost = $800,000

Depreciation = $600,000

Contribution per unit = $48 (Selling price) - $25.50 (Variable cost) = $22.5

Cash Break even point = ($800,000 - $600,000)/$22.5 = 8,888.89 units

Accounting Break Even Point = Total fixed cost/ Contribution per unit

=$800,000/$22.5 = 35,555.56 units

Final Answer

a. $25.50

b. $9,725,000

c. Cash = 8,888.89 units

   Accounting = 35,555.56 units

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3 years ago
Gertrude takes out a $5,500 subsidized Stafford loan, which must be paid back in ten years. Gertrude will graduate four years af
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The $5,500 guaranteed Stafford loan is taken from Gertrude.

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Interest paid = Total repayment - Loan Principal

                      = $7,595.30 - $5,500

                      = $2,095.30

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