Answer:
Option C) Medoc Company's Break Even Point is 34,100 Units
Explanation:
Break Even point is defined as the level of activity or production at which the company's Total Sales Revenue is equal to its total expenses. In other words, Break Even Point is No Profit, No Loss Point.
Break Even Point in Units = Total Fixed Costs ÷ Contribution Per Unit
where:
Contribution per unit = Selling Price per unit - Variable Costs per Unit
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<u>Calculations:</u>
Contribution per Unit = $6.30 - $4.55 = $1.75
Break Even Point in Units = $59,675 ÷ $1.75
Break Even Point in Units = 34,100 Units
Answer:
net income exceeded the free cash flows by $550 million
Explanation:
net income = ($8,250 - $5,750 - $1,000 - $160) x (1 - 35%) = $871 million
net cash flows:
operating activities = $871 + $1,000 - $300 = $1,571
investing activities = ($1,250)
net cash increase during the year = $321 million
net income exceeded the free cash flows by $871 - $321 = $550 million
Answer:
Federal funds rate
Explanation:
federal funds rate is simply known as the interest rate at which depository financial institutions borrows(lends) funds maintained at the federal reserve to other depository financial institutions usually or Maybe overnight.
It is simply the interest rate that one bank charges another for borrowing money overnight. Its importance is to help banks meet their reserve requirements and prevent bank failure and also may be use to stimulate the economy.
Answer:
D) The actions the Federal Reserve takes to manage the money supply and interest rates.
Explanation:
The Federal Reserve System (FED) is an autonomous government entity of the United States of America that functions like a central bank. Its main responsibilities are to manage the nation's money supply (the total amount of money in the economy) and establish federal interest rates (interest yielded by T-bills, T-notes and T-bonds).
