When sending an electronic email in a business setting, one important element to be considered always is that the contents should be appropriate and with professional tone. You should always be direct with your intentions no more flowery words.
<span>The team is owned in a SOLE PROPRIETORSHIP<span> kind of business. Sole proprietors are people who own a specific kind of company or investment all on their own. They produce the necessary capital and are personally responsible for any debts that may occur in the business. This type of ownership is actually the simplest business form under which a particular business can operate because no other parties are involved in settlements and agreements.</span>
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Answer:
781 units
Explanation:
Under the CVP concept, the break-even point is calculated by dividing the fixed costs by the contribution margin per unit.
i.e., break-even point = fixed cost/ contribution margin per unit
Currently, fixed costs are $213,000, an increase of 10% will take to
=(10/100 x $213,000) + $213,000
=$21,300 + 213,000
=$234, 300
The selling price is $250, an increase of 40%
=$250 x 1.4
=$350
variable cost will remain the same this year and the following year
Current variable costs are 20% of sales
=20/100 x 250
=0.2 x 250
=$50
Contribution margin will be new selling price - variable costs
=$350-50
=$300
Break-eve point = $234, 300/300
=781 units
Answer: Hello your question is poorly written hence i will provide a general answer/explanation within the scope of your question
answer
A = ( P + i )^n
Explanation:
Final Amount after/before n deposits using a compounded interest can be calculated using the function below
A = ( P + i )^n
where : A = amount , P = principal , i = interest rate , n = number of payments
In this question ; i = r/m given that interest rate is compounded monthly.
r = Annual interest rate
m = number of months
In the given case the accounts were previously written off by debiting the Allowance for doubtful debts accounts now in order to revive these accounts receivable, we should Debit the Accounts Receivable and credit the Allowance for doubtful debts accounts. Hence the account to be credited is Allowance for doubtful debts accounts.
Hence the answer shall be Allowance for doubtful debts accounts
