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Answer:
29,394 units
Explanation:
The formula for break even point is given as Fixed cost / Contribution margin.
Where;
Contribution margin = Sales per unit - Variable cost per unit
Given that ;
Fixed cost = $194,000
Unit selling price = $14.90
Unit variable cost = $8.30
Therefore;
BEP(units) = $194,000 / $14.90 - $8.30
= $194,000 / $6.6
= 29,394 units
Answer:
All workings are attached in the attachment for your convenience.
Explanation:
Answer:
- $300
- $100
- $300
Explanation:
1. AuctionCo takes control of this used bicycle before the sale and pays $200 to the supplier.
Revenue will be the $300 that the bicycle was sold for because they took control.
2. AuctionCo never took control.
Revenue will be the amount they earned for being agents;
= Sales price - Cash to supplier
= 300 - 200
= $100
3. Assume AuctionCo promises to pay $200 to the supplier regardless of whether the bicycle is sold...
= $300
Revenue is $300 because Auction assumes control when they promise to pay $200 regardless.
Answer:
=1.52%
Explanation:
Dividend yield represents the dividends earned per share. It is calculated by dividing the annual dividend per share divided by the stock's price per share.
In this case, the annual yield
=Dividend earned/ price per share x 100
=$1.50/99 x 100
=0.0151515 x 100
=1.5151
=1.52%