A government "taking" of property under the Fifth Amendment ____

Piedmont Company segments its business into two regions—North and South. The company prepared the contribution format segmented

vlada-n [284]

Answer:

1. BEP Company 470,000

2. BEP North 220,000

3. BEP South 110,000

Explanation:

The formula for BEP( Break even point)

Break even point in dollars = Fixed cost / Contribution margin ratio , where

Contribution margin ratio = Contribution margin / Sales revenue

To get started, Contribution margin ratio needed to be calculated.

North CMR = 120,000/400,000

= 0.3

South CMR = 120,000/ 200,000

= 0.6

Company = 240,000/600,000

= 0.4

Therefore, BEP(Dollars)

BEP(Dollars) = Fixed cost/ Contribution margin ratio

North = 66,000 / 0.3

= 220,000

South = 66,000 / 0.6

= 110,000

For the company, we will need to add common and segmented fixed cost;

Common fixed cost. 56,000

Segmented fixed cost 132,000

Total fixed cost 188,000

= 188,000 / 0.4

= 470,000

5 0

3 years ago

Analysts following the Cullumber Golf Company were given the following balance sheet information for the years ended June 30, 20

irina [24]

Answer:

Part a

<u>Cullumber Golf Company</u>

<u>Statement of Cash flow for the Year ended 2017</u>

Cash flow from Operating Activities

Net income $2,679,848

<u>Adjustment for :</u>

depreciation expenses $454,366

decrease in Accounts receivable ($40,463)

increase in Inventory ($52,979)

increase in Other current assets $11,339

increase in Accounts payable and accruals $46,232

Net Cash from Operating Activities $3,098,343

Cashflow from Investing Activities

Purchase of Plant and equipment ($563,821)

Proceeds from sale of Goodwill and other assets $30,420

Net Cash from Investing Activities $533,401

Cash flow from Financing Activities

increase in Notes payable $6,625

Repayment of Long-term debt ($130,034)

increase in Treasury stock ($13,334)

Dividends Paid ($2,473,912)

Net Cash from Financing Activities ($2,610,655)

Movement during the year $16,845

Beginning Cash and Cash Equivalents $16,566

Ending Cash and Cash Equivalents $33,411

Part b

$3,098,343

Part c

$533,401

Part d

($2,610,655)

Explanation:

See Cash flow Statement prepared above using the Indirect method.

<u>Calculation of Dividends Paid </u>

Retained Earnings Schedule

Beginning Balance $398,110

Add Net Income during the Year $2,679,848

Less Ending Balance ($604,046)

Dividends Paid $2,473,912

4 0

3 years ago

Lindon Company is the exclusive distributor for an automotive product that sells for $34.00 per unit and has a CM ratio of 30%.

Assoli18 [71]

Answer:

1. $23.80

2. Break even Point (units) = 19,000 units and Break even Point (dollars) = $646,000

3. Unit sales to attain a target profit = 28,000 units and Dollar sales to attain a target profit = $952,000

4. Break even Point (units) = 28,500 units, Break even Point (dollars) = $969,000 and Dollar sales to attain a target profit = $1,428,000.

Explanation:

Variable Cost % = 100% - 30%

= 70%

Thus, variable expenses per unit = $34.00 × 70%

= $23.80

Break even Point is the level of activity where a firm makes neither a profit nor a loss.

Break even Point (units) = Fixed Cost / Contribution per unit

= $193,800 / ($34.00 ×30%)

= $193,800 / $10.20

= 19,000 units

Break even Point (dollars) = Fixed Cost / CM Ratio

= $193,800 / 0.30

= $646,000

Unit sales to attain a target profit = (Fixed Cost + Target Profit) / Contribution per unit

= ($193,800 + $91,800) / $10.20

= 28,000

Dollar sales to attain a target profit = (Fixed Cost + Target Profit) / CM Ratio

= ($193,800 + $91,800) / 0.30

= $952,000

When variable expenses reduce by $3.40 per unit.

Break even Point (units) = Fixed Cost / Contribution per unit

= $193,800 / ($34.00 - $23.80 - $3.40 )

= $193,800 / $6.80

= 28,500 units

Break even Point (dollars) = Fixed Cost / CM Ratio

= $193,800 / ($6.80/ $34.00)

= $969,000

Dollar sales to attain a target profit = (Fixed Cost + Target Profit) / CM Ratio

= ($193,800 + $91,800) / 0.20

= $1,428,000

6 0

3 years ago

Global firms used advanced _______ to target markets, develop social media, track products in the supply chain, and enable robot

Aleonysh [2.5K]

Analytics is the systematic technological analysis of data or statistics. Consequently, advanced analytics is used to track products.

<h3>Uses of Analytics</h3>

It is used to discover, interpret, and communication of meaningful patterns in data. It also involves applying data patterns for effective decision-making.

Data Analysts employ data analytics means in their research, and businesses also use it to determine their decisions. Data analysis can help organisation understand their customers, create content strategies and develop products

Therefore, the correct answer is analytics.

learn more about analytics from here: brainly.com/question/25819900

5 0

2 years ago

McGlone Corporation had a 1/1/17 balance in the Allowance for Doubtful Accounts of $40,000. During 2017, it wrote off $28,000 of

Musya8 [376]

Answer:

$48,000

Explanation:

The computation of the amount that should be reported as its allowance for doubtful accounts is shown below

= Ending balance of account receivable × uncollectible percentage

= $960,000 × 0.05

= $48,000

hence, the amount that should be reported as its allowance for doubtful accounts is $48,000

The above formula should be applied

8 0

3 years ago

A government "taking" of property under the Fifth Amendment _____.