Answer:
Break-even point in miles= 8,302 miles
Explanation:
Giving the following information:
Income per mile= $0.45
Fixed costs= $2,200
Unitary cost per mile= $0.185
<u>To calculate the break-even point in miles, we need to use the following formula:</u>
Break-even point in miles= fixed costs/ contribution margin per mile
Break-even point in miles= 2,200 / (0.45 - 0.185)
Break-even point in miles= 8,302 miles
<span>Actually in this scenario the business buyer should do type of transaction that would merge the buying business with the parent business or company, and also the business buyer should buy all the shares and stakes of the buying business along with the copyrights, which would cover all the buying companies performing assests along with non-performing assests all in one shot surely with mutual merging.</span>
Answer:
Tax brackets misconception is that it defines how much tax will be paid by an individual but this is not true. It only determines the rate of tax which will be applied to the individual for his income.
Explanation:
The tax bracket is determined for an individual based on his salary. After the computation of taxable income tax brackets are selected and rate is applied which ever tax bracket falls correctly. The tax rate applied to the taxable incomes gives the tax amount which is to be paid by an individual.
Answer:
The annual depreciation under SL is $16000 per year.
Explanation:
The depreciation expense under Straight Line (SL) method remains constant throughout an asset's useful life. The depreciation under straight line method is calculated by calculating the value of the asset that is eligible for depreciation, which is its cost less the salvage value (SV) and dividing it by the asset's useful life.
The straight line depreciation per year = (Cost - SV) / estimated useful life
Annual depreciation under SL = (100000 - 20000) / 5 = $16000 per year
