Answer:
$7,222
Explanation:
Given that,
Selling price per dozen = $18
Variable costs = $5 per dozen
Total fixed costs = $ 5,200
Contribution margin per dozen:
= Selling price per dozen - Variable costs per dozen
= $18 - $5
= $13
Contribution margin ratio:
= (Contribution margin ÷ Selling price per dozen) × 100
= ($13 ÷ $18) × 100
= 0.72 × 100
= 72%
Break-even sales in dollars:
= Total fixed costs ÷ Contribution margin ratio
= $5,200 ÷ 0.72
= $7,222
Answer:
Low tax collection, low working population
Explanation:
Brain drain is a condition where a country loses its population through migration. Generally, this happens with the low developing countries, because people try to search for jobs in developed countries. Canada will lose tax revenue collection and low working population as a result of the brain drain. Government is the most important stakeholder which will be affected by brain drain apart from that; hospitals and industrial units will be affected by the brain drain.
Answer:
A) $704,000.
Explanation:
For computing the cash payments we need to calculate the following amounts which are as follows
Total purchases = cost of goods sold + ending inventory - opening inventory
= $720,000 + $188,000 - $200,000
= $708,000
Now cash payment to merchandise is
= Beginning account payable balance + purchased made - ending account payable balance
= $80,000 + $708,000 - $84,000
= $704,000
Hence, the correct option is A. $704,000
1. If you have an item which you want to sell, make sure that you sell it for something more that what you bought it.
2. The items you are selling, sell them for a good price. If you go too expensive, no body will buy. But if you go cheap and easy, everyone will come to you.
3. when you have successfully started getting people to constantly buy your products, make your prices go higher slowly slowly.
4. Always make sure, the products you are selling are in good quality and are not... ruined in any way.
That's all the ideas I have. Hope it helped.
Answer:
The Company must borrow $5400
Explanation:
To calcualte the amount rewquired to be borrowed, we first need to calculate the cash shortage from the minimum cash requirement.
The cash at the end of the August will be,
Cash at the end = 18300 + 123400 - 137100 = $4600
The minimum requirement is $10000.
The shortage of cash is = 10000 - 4600 = $5400
Thus, the Company must borrow $5400
