Answer:
-$50
Explanation:
Calculation to determine your total profit on this investment
Total profit = 1 × 100 × ($.50 - $21+ $20)
Total profit = 100×(-$0.5)
Total profit = -$50
Therefore your total profit on this investment is -$50
Cash flow!! hope this helped :)
Answer:
The net income is $150,500 and the return on assets is 20.06 %
Explanation:
The formula for computing net income and return on assets is shown below and the computation is also made.
Net income = Sales revenue × Profit margin
= $2,150,000 × 7%
= $150,500
Return on assets = Net income ÷ total assets
= $150,500 ÷ $750,000
= 0.2006
= 20.06 %
Thus, the net income is $150,500 and the return on assets is 20.06 %
Answer:
295 units
Explanation:
The cost -volume-profits CVP concepts calculate the breakeven point by dividing fixed costs by the contribution margin per unit.
i.e., Breakeven point = Fixed cost/ contribution margin per unit.
For this company,
Fixed costs are $177,000
Contribution margin per unit
= selling price - variable costs.
=$1250 -$650
=$600
Breakeven point = $177,000 / $600
=295 units
90% sure that your answer is <em>(household production) </em>
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<em>Hope this helps!</em>
