1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Svetlanka [38]
3 years ago
12

Derst Inc. sells a particular textbook for $39. Variable expenses are $28 per book. At the current volume of 49,000 books sold p

er year the company is just breaking even. Given these data, the annual fixed expenses associated with the textbook total:
Business
1 answer:
Liono4ka [1.6K]3 years ago
7 0

Answer:Annual fixed expenses = $ 539,000

Explanation:

Given;

break even point on books sold= $49,000

sales price per unit = $39

variable cost= $28

Using the formulae,

Break-Even point (units) = Fixed Costs ÷ (Sales price per unit – Variable costs per unit) or in sales

49,000   =Fixed cost / ( 39-28)

Fixed cost = 49,000  x 11

               = $ 539,000

Annual fixed expenses = $ 539,000

You might be interested in
Katelyn dresses up as a vampire and wants to try out her scare tactics on her roommate, Joan, who has no idea about Katelyn's pl
pantera1 [17]

Answer:

assault

Explanation:

7 0
3 years ago
You own 230 shares of stock in Green Mild Chili Peppers, Inc., that currently sell for $50.70 per share. The company has announc
Arturiano [62]

Answer:

This equals $12,256.70 (230 x $50.70 + 230 x $2.59)

Explanation:

The value of the portfolio on May 3 is the sum of the market value of the shares plus the sum of the returns in form of dividends to be received.

This value adds the weight of the investment obtained by multiplying the total shares held with its market price to the expected dividend returns on the given date.

6 0
3 years ago
Read 2 more answers
A firm has $800,000 in paid-in-capital, retained earnings of $40,000 (including the current year's earnings), and $25,000 shares
vfiekz [6]

Answer:

The correct answer for option (a) is $1.6 per share and for option (b) is decrease in cash and retained earning.

Explanation:

According to the scenario, the computation for the given data are as follows:

(a) We can calculate the amount that firm can pay in cash dividend by using following formula:

Amount to pay in cash dividend = $40,000 ÷ 25,000

= $1.6 per share

(b). If the cash dividend is $0.80 per share than the cash and retained earning can be calculated as follows:

Cash and retained earning = $0.80 × 25,000 = $20,000

As $20,000 is less than previous, than it will decrease the cash and retained earning.

5 0
4 years ago
In ___________, salespeople are independent contractors who not only sell the product, but also recruit additional salespeople.
mixas84 [53]

Answer:

The correct answer is:  multi-level marketing.

Explanation:

Multi-level marketing (MLM) is appealing for workers because there is tremendous potential to make money and low entry costs. It is a business strategy in which salespeople recruit other individuals to sell products or services for them in order to earn a portion of their sales in addition to their own sales.

6 0
4 years ago
Ill mark brainiest for the correct answer
Tanya [424]

Answer:

the answer is C. $19,000.00 at 25.36% interest

Explanation:

25.36 percent interest each year for 5 years

7 0
3 years ago
Read 2 more answers
Other questions:
  • Swifty Corporation had 190000 shares of common stock, 20700 shares of convertible preferred stock, and $1540000 of 4% convertibl
    10·1 answer
  • Which of the following is not considered to be a pedestrian? A. Horseback rider B. Skateboarder C. Construction Worker
    6·2 answers
  • You sell a stock for $50.00 that was held for 10 years. You earned a return of 8%. What was the original cost of the stock?
    8·1 answer
  • Kamal, after completing his studies wanted to start his own business. However, his father Mr.Kishanlal discouraged him saying th
    11·1 answer
  • Managing economic exposure is generally perceived to be ____ managing transaction exposure. a. more difficult than b. less diffi
    5·2 answers
  • As the CEO of a pharmaceutical company, Simone learned that the government was about to block the import of one of the company's
    14·1 answer
  • Which of these is the BEST example of economic growth? *
    9·1 answer
  • Power Inc. has two divisions, Windsor and Ridge. Following is the income statement for the past month: Windsor Ridge Total Sales
    5·1 answer
  • A professional mentor should be used for guidance on which of the following?
    11·1 answer
  • A process failure that results in the process's inability to meet advertised performance standards violates which of the five de
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!