'is' means equals
'of' means mutily so
we have
18 =0.4 times what
divide both sides by 0.4
45=what
the answer is the number is 45
Answer:
The percentage of overdue accounts are held by customers in the "risky credit" category is 62.5%
Step-by-step explanation:
Customers in the "risky" category (25% of total accounts) allow their accounts to go overdue 50% of the time on average.
That means that on average, 12.5% of total accounts is overdue.
0.25*0.50 = 0.125
In the "good credit" category only 10% goes overdue. That means 7,5% of total accounts goes overdue in this category.
0.75*0.10=0.075
The total accounts that go overdue is 0.125+0.075 = 0.200.
The percentage of overdue accounts held by customers in the "risky credit" category is:
0.125/0.200 = 0.625 or 62.5%
Answer:
first
Step-by-step explanation:
Lumen
Managerial Accounting
Chapter 5: Cost Behavior and Cost-Volume-Profit Analysis
5.6 Break – Even Point for a single product
Finding the break-even point
A company breaks even for a given period when sales revenue and costs charged to that period are equal. Thus, the break-even point is that level of operations at which a company realizes no net income or loss.
A company may express a break-even point in dollars of sales revenue or number of units produced or sold. No matter how a company expresses its break-even point, it is still the point of zero income or loss. To illustrate the calculation of a break-even point watch the following video and then we will work with the previous company, Video Productions.
Before we can begin, we need two things from the previous page: Contribution Margin per unit and Contribution Margin RATIO. These formulas are:
Contribution Margin per unit = Sales Price – Variable Cost per Unit
Contribution Margin Ratio = Contribution margin (Sales – Variable Cost)
Sales
Break-even in units
Recall that Video Productions produces DVDs selling for $20 per unit. Fixed costs