Answer:
B. $544,000
Explanation:
Given: Sales: $480000.
Contribution margin ratio= 25%
net loss= $16000.
Break even point: It is point in business where profit is equal to expenses of the business.
Now, finding the fixed expense.
Fixed expense= 
⇒ Fixed expense= 
⇒ Fixed expense= 
∴ Fixed expense= 
Next, computing the break even point
Sales to Break even point= 
⇒ Break even point= 
∴ Break even point= 
Hence, the break even point was $544000
B. to improve control of monetary policy and to increase the information available to investors
C. To ensure that financial intermediaries do not earn more than the normal rate of return and to improve control of monetary policy
Hope this helped ;)
Answer:
PV= $12,111.93 = $12,112
Explanation:
Giving the following information:
Future Value (FV)= $150,000
Interest rate (i)= 8.75% = 0.0875
Number of periods (n)= 30
<u>To calculate the present value (PV), we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= 150,000 / (1.0875^30)
PV= $12,111.93
Answer:
b. 320000
Explanation:
In order to calculate the joint cost of Gorp we need to understand what the method means and how it's used to calculate it. The adjusted sales method is used to allocate joint costs based on the prices the products are sold.
First of all we need to calculate the percentage of Selling price of Gorp to that of the total selling price of both Gorp and Gumm.
I.e: 60 ÷ (60+30) × 100
SP % of Gorp= 66.67%
Now we calculate joint cost allocated to Gorp.
Total joint cost of both Gorp and Gumm = $480000
Joint cost of Gorp = $480000 × 66.67%
Joint cost of Gorp = $320,000
Answer:
c. $2.0 million for Lopes and by $2.5 million for HomeMax.
Explanation:
For the problem above, the two organizations agreed to work on a particular project because they believed that they will benefit from the outcome of the project. Based on the available information provided in the question, the profit that Lopes will make yearly will increase by $2.0 million while that of HomeMax will increase by $2.5 million.
