Answer:
Explanation:
<u>The first step</u> will be get the contribtuion margin:
800,000 - 6000,000 = 200,000
This is the amount after variables cost used to pay the fixed cost and make a gain.
Second, we calcualte the contribution margin ratio
200,000/800,000 = 0.25
Per dollar of sales 25 cents are available to pay the fixed cost.
Now, we calculate the break even point in dollars
Maybe your could make earrings or jewelry out of litter to show how bad the issue is becoming?
Answer:
$4,200,000
Explanation:
Given :
Annual interest payment = $20 million
Tax rate = 21%
Cost of debt = 6%
The value of the interest rate tax shield is given by :
The tax rate * annual interest payment
Tax rate = 21% = 21/100 = 0.21
Annual interest payment = $20,000,000
The value of interest rate tax shield = (0.21 * $20,000,000) = $4,200,000
Every Credit user is entitled to a free credit report every 12 months (1 years) from either of Equifax, Experian, or TransUnion.
<h3>What are credit reporting agency?</h3>
These are agency that maintains only an historical credit information on individuals and businesses.
The maintained historical credit information helps in preparation of the credit report and score of all individuals and businesses in United states..
In U.S., the three main credit reporting bureaus includes the Equifax, Experian and TransUnion.
Read more about credit reporting agency
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