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olganol [36]
3 years ago
7

Which of the following is NOT a correct statement regarding break-even?

Business
1 answer:
SVEN [57.7K]3 years ago
6 0

Answer:

D. If there is depreciation the cash break-even will exceed the accounting break-even Of the three break-evens, the financial break-even point is typically the highest.

This statement is not true because although depreciation increases the cash and decreases income, there are many other factors too, for eg if the accounts receivables are higher than the depreciation costs, then the cash break even will not exceed the accounting break even.

Explanation:

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An electronics store wants to clear the warehouse of all television models
Assoli18 [71]

Answer:

$600

Explanation:

just took the test

8 0
2 years ago
You are saving for retirement. To live​ comfortably, you decide you will need to save $ 2 million by the time you are 65. Today
djyliett [7]

Answer:

Annual deposit= $12,473.70

Explanation:

Giving the following information:

Final value= $2,000,000

Number of years= 37

Interest rate= 7%

To calculate the annual deposit required to reach the final value. We need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= {2,000,000*0.07)/ [(1.07^37) - 1]

A= $12,473.70

5 0
3 years ago
What type of company is required by the Sarbanes-Oxley Act to have a code of ethics available to all employees
morpeh [17]

The type of company which is required by the Sarbanes-Oxley Act to have a code of ethics available to all employee is:

  • all companies that have more than a single owner.

<h3>What is Code of Ethics?</h3>

This refers to the guidelines about the way a group of people should behave in a social group or official setting.

With that in mind, we can see that the type of company which is required by the Sarbanes-Oxley Act to have a code of ethics available to all employees is one which has more than one owner.

Read more about code of ethics here:
brainly.com/question/24606527

6 0
2 years ago
At the beginning of the month, the Forming Department of Martin Manufacturing had 11,000 units in inventory, 40% complete as to
emmainna [20.7K]

Answer:

  • Materials ⇒ 70,725 units
  • Conversion ⇒ 68,600 units

Explanation:

Using the weighted average method, the equivalent units are the Units transferred out plus the equivalent closing inventory.

Materials:

= Units transferred out + Closing equivalent units

= 63,500 + (85% * 8,500)

= 70,725 units

Conversion:

= 63,500 + (60% * 8,500)

= 68,600 units

3 0
3 years ago
Schweser Satellites Inc. produces satellite earth stations that sell for$70,000 each. The firm's fixed costs, F, are $3 million,
Burka [1]

Answer:

Please see attached explanations

Explanation:

a Incremental profit would be

= $160,000 - $100,000

= $60,000

b. The firm's break even point will increase by 27.8 units if it makes the change.

c. The new situation would have more business risk than the old one due to;

• Increase in fixed costs

• Business risk will also increase in new situations due to increase in break even point.

4 0
3 years ago
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