The INS, or Immigration and Naturalization Service, was reorganized in 2003 and became incorporated into ____

Zhao Co. has fixed costs of $403,200. Its single product sells for $183 per unit, and variable costs are $120 per unit. If the c

IrinaK [193]

Answer:

Margin of safety in dollars = $658800

Margin of safety percentage = 0.36 or 36%

Explanation:

The margin of safety in dollars is the number of revenue that a business earns in excess of its break even level of revenue. Thus, the formula for the margin of safety in dollars is,

Margin of safety in dollars = Revenue at current sales level - Revenue at break even sales level

We must first determine the level of sales at the break even point.

The break even point in dollars can be calculated as follows,

Break even in dollars = Fixed cost / Contribution margin ratio

Where,

Contribution margin ratio = (Selling price per unit - Variable cost per unit) / Selling price per unit

Break even in dollars = 403200 / [(183 - 120) / 183]

Break even in dollars = $1171200

Margin of safety in dollars = (10000 * 183) - 1171200

Margin of safety in dollars = $658800

Break even point in units = 1171200 / 183 = 6400 units

Margin of safety as a percentage of expected sales is,

Margin of safety percentage = (10000 - 6400) / 10000

Margin of safety percentage = 0.36 or 36%

6 0

3 years ago

One of the great benefits of LLCs, and one that helps promote investment, is the fact that____________.

baherus [9]

Answer:

foreign investors are allowed to become LLC members.

Explanation:

Limited Liability Companies (LLC)

This type of company in the US It offers an interesting alternative to its members in the sense of combining the benefits of the two most used forms of association such as "corporations" and "partnerships". Of the characteristics of the “corporations”, the LLCs offer limited liability (as opposed to the general partnerships) and of the characteristics of the “partnerships”, the LLCs have the possibility to pass-through the income tax and of losses Similarly, the management of the company may be either at the head of its members, or at the head of a company administrator, as provided by its bylaws. It is for the above, that LLCs have become an attractive alternative within the forms of association

In the USA.

In addition, one of the great advantages that it possesses thanks to the political regulations that it presents is that foreigners have permission to become members of LLC

3 0

3 years ago

Kooky Cookies Corporation purchased the Crazy Cookie Company. Although this was initially an acquisition, the merging of these t

WINSTONCH [101]

Answer:

The answers are Horizontal and Vertical respectively.

Explanation:

Horizontal integration refers to the expansion strategy adopted by the corporations which involves acquisition of one company by another company where both the companies are in the same business line and at same value chain supply level, whereas, Vertical integration refers to the expansion strategy adopted by the corporations where one company acquire another company who is at the different level, usually at the lower level of its value chain supply process.

3 0

3 years ago

Last year, Reggie, a Los Angeles, California resident, began selling autographed footballs through Trojan Victory (TV), Incorpor

tangare [24]

Answer: a) $8,250 b) $4,125 c) No sales tax or use tax liability d) $560 e) No sales tax or use tax liability would be accrued.

Explanation:

a) $100,000 x 8.25% = $ 8,250 (California had $100,000 sales and 8.25 % sales tax)

b) $50,000 x 8.25% = $4,125

c)As TV lacks physical presence in New York and Wyoming, therefore, it would have no sales tax or use tax liability.

d)$10,000 x 5.6% sales = $560. TV would have tax liability in Arizona but not in Oregon.

e) If TV shipped through common carrier to its clients in Arizona other than from having Reggie deliver them, then no sales tax would occur. However, customer's would still be subjected to the Arizona state use tax liability.

5 0

3 years ago

You would like to buy shares of Sirius Satellite Radio (SIRI). The current ask and bid quotes are $4.30 and $4.27, respectively.

erica [24]

Answer:

$2,666

Explanation:

Given that:

Current ask price: $4.30
Bid quotes $4.27
Market buy order: 620 shares

So, the cost to buy these shares:

Number market buy order * Current ask price/share

= 620*$4.30

= $2,666

Hope it will find you well.

5 0

3 years ago

The INS, or Immigration and Naturalization Service, was reorganized in 2003 and became incorporated into _____.