Where are the consequence examples? Need more context to answer this question
Answer:
The correct answer is $550,000.
Explanation:
According to the scenario, the computation of the given data are as follows:
We can calculate the breakeven points in sales dollars by using following formula:
Breakeven points in sales dollar = Total Fixed Costs ÷ Weighted Average Contribution Margin Ratio
Where, Weighted Average Contribution Margin Ratio = [15% × 0.80] + [30% × 0.20] = 0.18
By putting the value, we get
Breakeven points in sales dollar = $99000 ÷ 0.18
= $550,000
Answer:
Trina's Trikes have equity of 5.03 million
Explanation:
Debt to equity ratio is the rate of debt as compared to equity of the firm.
We can calculate the amount of equity by using formula of debt to equity
Debt to equity = Total Debt / Total equity
1.83 = 9.2 million / Total equity
Total Equity = 9.2 million / 1.83
Total Equity = 5.03 million
Answer:
Money serves as a medium of exchange, as a store of value, and as a unit of account.
