Answer:
None
Explanation:
This transaction has a nil effect on the accounting equation.
The accounting equation is as given below;
Assets = Liabilities + Equity
The purchase of supplies with cash is a credit to cash and a debit to inventory. This represents a decrease in one asset and an increase in another of the same amount.
Hence no change happens to the equation.
The liabilities and equity account are not affected by the transaction.
A concave mirror because a concave mirror can focus light rays to a point
Answer: X-intercept is (1,0)
Explanation:
Answer:
the break even point is 300 cards sold
Explanation:
The computation of the break even point in units is shown below:
= Fixed cost incurred ÷ contribution margin per unit
= $300 ÷ ($2 - $1)
= $300 ÷ ($1)
= 300 cards sold
As we know that the contribution margin per unit is
= Selling price per unit - variable cost per unit
And, the same is to be followed
Hence, the break even point is 300 cards sold
Answer:
$2,000,000
Explanation:
The computation of the firm total corporate value is shown below:
The firm corporate value is
= Free cash flow for next year ÷ (weighted average cost of capital - growth rate)
= $100,000 ÷ (11.5% - 6.5%)
= $2,000,000
We simply applied the above formula to find out the firm corporate value
And ignored the required rate on equity i.e 14.5%