Answer:
4,000 units
Explanation:
The formula to compute the break even point is shown below:
= (Fixed costs ) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
And, the fixed cost is $100,000
Now put these values to the above formula
So, the value would be equal to
So, the break even point would be
= ($100,000) ÷ ($45 - $20)
= $100,000 ÷ $25
= 4,000 units
Answer;
Sole proprietorship requires one person to do many things, while partnerships requires many people to weigh in on decisions.
Explanation;
Both partnerships and sole proprietorship are forms of business units, and both have disadvantages and advantages;
Some of the disadvantages of partnerships is that; the liability of the partners for the debts of the business is unlimited and also each partner is liable for the partnership's debts; that is each partner is liable for their share of the partnership debts as well as being liable for all the debts.
A sole trader on the other hand; has disadvantages such as having unlimited liability for debts, capacity to raise capital is limited, among others.
Answer: See explanation
Explanation:
a. What are the amount and nature of Dennis’s loss upon closing the short sale?
Sales consideration = $100 × $152 = $15200
Less: Closing Value of Short sales = 100 × $190 = $19000
Short term capital loss = $3800
b. When does the holding period for the remaining 100 shares begin?
The holding period for the remaining 100 shares begin on May 2, 2020, which was when the short sale was closed.
c. If Dennis sells (at $27 per share) the remaining 100 shares on January 20, 2017, what will be the nature of his gain or loss?
Sales consideration = 100 × $27 = $2700
Less: Base value = $19000
Short term capital loss = $16300
Answer: A. 2.05 B. 5.10 C. 0
Explanation: Payback period can be defined as the period under which the profits or savings in an investment can recover the initial outlay invested in that investment. In simple words we can say that it is the time required by an investment to pay for itself.
Pay back period is computed as follows :-
therefore,
A. 
=2.05years
B.
=5.10years
C.
=0
Answer:
A
Explanation:
Which course of action maximizes my net benefits? should not be asked because it does not uphold the rights, values and legal contract of the larger society and does not act in the best interest of others.
