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jasenka [17]
3 years ago
7

Sheridan Company sells radios for $50 per unit. The fixed costs are $445000 and the variable costs are 60% of the selling price.

As a result of new automated equipment, it is anticipated that fixed costs will increase by $65000 and variable costs will be 50% of the selling price. The new break-even point in units is:
Business
1 answer:
NeTakaya3 years ago
6 0

Answer:

Break-even point in units= 2,600

Explanation:

<u>To calculate the break-even point in units, we need to use the following formula:</u>

<u></u>

Break-even point in units= fixed costs/ contribution margin per unit

Fixed costs= $65,000

Contribution margin per unit= 50*0.5= $25

Break-even point in units= 65,000/25

Break-even point in units= 2,600

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Answer:

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Explanation:

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How can businesses best take advantage of globalization?​
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The declaration and issuance of a stock dividend larger than 25% of the shares previously outstanding
lord [1]

Answer:

b. decreases retained earnings but does not change total stockholders' equity.

Explanation:

<u>a. </u>increases common stock outstanding and increases total stockholders' equity.

<u>FALSE: </u>The Equity does not change as the Retained Earnings are used to issue the Shares, so no change in the total Stockholders Equity

<u>d. </u>increases retained earnings and increase total stockholders' equity.

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stockholders' equity.

<u>FALSE: </u>paid in will increase or not be used, as the shares will have a minimum value for the company of his face value.

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4 0
4 years ago
Which of the following statements about entrepreneurs is FALSE? A. Entrepreneurs are people who start a new business. B. Entrepr
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Answer:

C. Entrepreneurs aren’t exposed to any risk when starting a new business.

Explanation:

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3 years ago
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Answer:

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So the price of the stock would be

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= $25

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3 years ago
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