Answer:
B
Explanation:
because they make sure you are responsible and careful with money
Answer: The answer has been attached
Explanation:
The income statement also referred to as the profit and loss account is a financial statements of a company that shows the revenues and the expenses of a company during a particular period.
The income statement for Ernst consulting has been attached.
Answer:
the sales revenue that Head-First must make to earn operating income of $73,120 is $324,000
Explanation:
Hi, first we need to find the units to reach an operating income = $73,120
Price=72
Var Cost= 72*0.62=44.64
Fixed cost= 50,000
With that in mind, let´s formulate the equation

Where:
X= units to sell
everything should look like this



So, Head First has to sell 4,500 units in order to make that $73,120 operating income mark. Therefore, the sales revenue will be 4,500*$72=$324,000
To check the aswer, please relate to the MS excel spreadsheet attached to this answer.
Best of luck.
<span>$464,171.83
The discount rate is used to calculate the present value of an asset you expect to get in the future. The formula is
PV = FV/(1+R)^n
where
PV = Present Value
FV = Future Value
R = Rate
n = Number of periods
So let's look at the return for the first 3 years
Year 1
PV = $120,000/1.12 = $107,142.86
Year 2
PV = $180,000/1.12^2 = $180,000/1.2544 = $143,494.90
Year 3
PV = $300,000/1.12^3 = $300,000/1.404928 = $213,534.07
So the current value is
PV = $107,142.86 + $143,494.90 + $213,534.07 = $464,171.83</span>
Hi pan just wondering what if you