Answer:
The computations are as follows
Explanation:
a) Before tax income is
= After Tax Income ÷ (1 - Tax Rate)
= $58,500 ÷ (1 - 0.35)
= $90,000
b) Total Contribution Margin
Contribution Margin = Fixed Costs + Before Tax Income
= $190,000 + $90,000
= $280,000
c) Calculation of Total Sales
Variable Cost is 75% of Sales
SO, Contribution Margin 25% of Sales
Contribution Margin = $280,000
25% of Sales = $280,000
Sales = $280,000 ÷ 25%
= $1,120,000
d) Break Even Point in dollars
Break Even Point in dollar = Total Fixed Costs ÷ Contribution Margin percentage
= $190,000 ÷ 25%
= $760,000
We simply applied the above formula
Financial records are used for taxes, to show investors, to prove strength of the company in order to get loans. It is vital that financial records are accurate and up to date because of the many people that rely on the data.
a. what is the expected return on the market portfolio? (round your answer to 1 decimal place.) expected rate of return %
b. what would be the expected return on a zero-beta stock? expected rate of return % suppose you consider buying a share of stock at a price of $55. the stock is expected to pay a dividend of $6 next year and to sell then for $57. the stock risk has been evaluated at β = –0.5. c-1. using the sml, calculate the fair rate of return for a stock with a β = –0.5. (round your answer to 1 decimal place.) fair rate of return % c-2. calculate the expected rate of return, using the expected price and dividend for next year. (round your answer to 2 dec
Answer:
All partners are limited from personal liability in certain situations.
Explanation:
Limited partnerships and limited liability partnerships offer some of their owners limited personal liability for business debts. One partner is considered a general partner. The general partner makes decisions and has increased liability.
A. deductions as these are the items that are deducted from your salary.
