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3 years ago

A) Give an example of a deferred expense.

Business

1 answer:

mamaluj [8]3 years ago

3 0

Answer:

Payment of a Term Insurance Policy

Explanation:

A term insurance policy has a total price that is usually paid through the period determine for its coverage with monthly payments called premiums. In this case, the expense is deferred for an specific period of time. The logic behind this payments is that you received the service of product without paying the total price of it beforehand.

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Break-Even Sales Currently, the unit selling price of a product is $7,520, the unit variable cost is $4,400, and the total fixed

NNADVOKAT [17]

Answer:

Current Break Even point = 6,500 units

Break Even point in Unit Sale = 7,500 units

Explanation:

The computation of break-even sales is shown below:-

Sale price = $8,000

Variable expense = $4,400

Contribution margin = Sale price - Variable expenses

= $8,000 - $4,400

= $3,600

Fixed expenses = $23,400,000

Current Break Even point = Fixed expenses ÷ Contribution margin

= $23,400,000 ÷ $3,600

= 6,500 units

Therefore for computing the break even point we simply divide contribution margin by fixed expenses

b. Sale price = $7,520

Variable expense = $4,400

Contribution margin =$7,520 - $4,400

= $3,120

Fixed expenses plus desired profit = $23,400,000

Break Even point in Unit Sale = Fixed expenses ÷ Contribution margin

= $23,400,000 ÷ $3,120

= 7,500 units

So, for computing the break even point we simply divide contribution margin by fixed expenses

8 0

3 years ago

Cox Footwear pays a constant annual dividend. Last year, the dividend yield was 3.2 percent when the stock was selling for $35a

marissa [1.9K]

Answer:

The current price of the stock is b. $38.62

Explanation:

Hi, in order to find the current price of the stock, first we need to find the amount paid as a constant dividend, the formula is as follows.

$DivYield=\frac{Dividend}{Price}$

So, things should look like this

$0.032=\frac{Dividend}{35}$

$Dividend=0.032*35=1.12$

So the amount of constant dividend tha this company is paying is $1.12/share

Now we can find the current price using the same equation and solving for "Price",

$0.029=\frac{1.12}{Price}$

$Price=\frac{1.12}{0.029} =38.62$

Therefore, the current price of the stock is $38.62, that would be option b.

Best of luck:

7 0

3 years ago

Name at least two risk banks face

Lana71 [14]

Question: Name at least two risk banks face?

Answer: There are many types of risks that banks face. Two of out of these eight risks, credit risk and market risk

Hope this helps!.

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~A.W~ZoomZoom44

4 0

4 years ago

Which factor should be most important if you are considering purchasing a new video game?

marishachu [46]

B the quality is the most important when considering buying an item. Then you think of quantity.

3 0

3 years ago

Imagine an economy in which: (1) pieces of paper called yollars are the only thing that buyers give to sellers when they buy goo

Tomtit [17]

Imagine an economy in which:
(1) pieces of paper called yollars are the only thing that buyers give to sellers when they buy goods and services, so it would be common to use, say, 50 yollars to buy a pair of shoes;
(2) prices are posted in terms of yardsticks, so you might walk into a grocery store and see that, today, an apple is worth 2 yardsticks; and
(3) yardsticks disintegrate overnight, so no yardstick has any value for more than 24 hours.

In this economy, the yardstick is a unit of account but it cannot serve as a store of value.

4 0

4 years ago