$500,000
Break even =(fixed costs - contribution margin)
Contribution margin is Price of item- variable costs ($1- 30 cents/per item=.7)
$350,000/.7 = $500,000
In economics, the resource that encompasses the natural resources used in production
Answer:
The net cash inflow from financing activities on Petras's 2013 statement of cash flows is $5. So, the correct option is A.
Explanation:
Petras Company
Statement of cash flows (extract)
Proceed from the issue of common stock $325
Repayment of outstanding debt ($220)
Dividends paid ($100)
Net cash inflow from financing activities $5
Note that earned revenues and incurred expenses would form the net income used under operating activities section of the cash flows.
The prior year values for there for comparative purpose only.
They can lose their personal assets.
