Answer:
The overall Sales revenue at break even is $515995.872
Explanation:
The overall break even in dollars or the composite break even point is the Total revenue that a business must earn from all its products that should be equal to the total costs from all its products and there is no profit or no loss.
The formula for composite or overall break even in dollars is,
Break even in dollars = Fixed costs / Weighted average contribution margin ratio
Where the weighted average contribution margin ratio is the weghtage of each product in the overall sales mix multiplied by the contribution margin of each product.
The total sales mix is = 8 + 4 + 1 = 13
Weighted average contribution margin ratio = ((360 - 210) / 360) * 8/13 +
((500 - 300) / 500) * 4/13 + ((1600 - 600) / 1600) * 1/13 = 0.5814 or 58.14%
Break even in dollars = 300000 / 0.5814
Break even in dollars = $515995.872
If there is some discrepancy in the final answer, it will be due to the rounding off of the weighted average contribution margin ratio
Answer:
option (C) 280%
Explanation:
Number of shares of stock X purchased = 100
Purchasing cost of share = 
Selling cost of stocks = $24 per share
Brokerage paid = 2%
Now,
The total purchasing cost involved = 
+ 2% of
= 612.5 + 0.02 × 612.5
= $624.75
also,
Total income from sales of stocks
= Total selling cost of shares - brokerage paid
= $24 × 100 - 2% of Total selling cost
= $2400 - ( 0.02 × $2400 )
= $2400 - $48
= $2,352
now,
The investor's percent gain on this investment = 
= 
= 
= 276.47% ≈ 280%
Hence, the correct answer is option (C) 280%
Answer:
useful life= 12 years
Explanation:
Giving the following information:
Purchase price= $140,000
Salvage value= $20,000
Annual depreciation= $10,000
<u>To calculate the useful life, we need to use the straight-line method formula:</u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
10,000= (140,00 - 20,000) / useful life
10,000useful life = 120,000
useful life= 120,000 / 10,000
useful life= 12 years
Answer:
Its "Customers get a new piece of jewelry every three months.
Explanation:
The first option, never tells what the customer gets in return.
Sorry this answer is two weeks late. Happy Thanks Giving!
Answer:
$21,767.50
Explanation:
<u>Computation table:</u>
<u>Particular Amount</u>
Sales $50,000
Less: Costs $23,000
<u>Less: Depreciation $2,250</u>
<u>EBIT $24,750</u>
<u>Less: Interest $2,000.
</u>
<u>EBT $22,750</u>
<u>Less: Tax (23%) $5,232.50
</u>
<u>Net Income $17,517.50</u>
$24,750 + 2,250 -5,232.50
$21,767.50
