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lakkis [162]
3 years ago
9

Use this formula to help solve the problem. gross income = total of all incomes added together Given the following information w

hat does the gross income for the month equal? Cash = $100, Checks = $200, Credit Card Charges = $400
Business
1 answer:
kondor19780726 [428]3 years ago
5 0

Answer:

$700

Explanation:

Data provided in the question:

Formula for gross income

gross income = total of all incomes added together

Cash = $100,

Checks = $200,

Credit Card Charges = $400

Now,

gross income according  to the given formula will be

Gross income = Cash + Checks + Credit Card Charges

or

Gross income = $100 + $200 + $400

or

Gross income = $700

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5 0
2 years ago
Current operating income for Bay Area Cycles Co. is $34,000. Selling price per unit is $100, the contribution margin ratio is 25
leonid [27]

Answer:

break even point in unit =5440 units

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total sale = $680000

Explanation:

given data

Current operating income = $34,000

Selling price = $100

margin ratio = 25%

to find out

Bay Area Cycle’s break even point in units and total sales dollars

solution

we get here first break even point that is express as

break even point in unit =  \frac{fixed\ cost}{contribution\ per\ unit}   ..................1

break even point in unit =  \frac{136000}{100*0.25}

break even point in unit =5440 units

so

break even point in sales =  \frac{fixed\ cost}{margin\ ratio}   ..................2

break even point in sales = \frac{136000}{0.25}

break even point in sales = $544000

and

total sales will be

total sale =  \frac{operating\ income+ fixed\ expense}{margin\ ratio}   ..................3

total sale =  \frac{34000+136000}{0.25}

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3 0
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The Sisyphean Company is considering a new project that will have an annual depreciation expense of $ 4 million. If​ Sisyphean's
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2 years ago
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