Answer:
$326,400
Explanation:
The breakeven point is the number of units of a product a company must sell for its total revenue to be equal to its total cost. The cost elements are fixed and variable. At breakeven, profit/loss is zero hence revenue or sales is equal to cost.
From the information given,
Variable cost per unit = $ 187,500/50,000
= $3.75
Sales per unit = $500,000/50,000
= $10
let the number of units sold at breakeven point be x
10x - 3.75x - 204,000 = 0
6.25x = 204,000
x = 32,640
Breakeven sales = 32,640 * $10
= $326,400
Answer: Error of Central Tendency is called when exercise evaluators describe all activities as average in order to avoid making difficult decisions.
Explanation:
Answer:
The best estimate of the company’s cost of equity is 12%
Explanation:
Estimate of the company’s cost of equity = (Required Return as per Capital Asset Pricing Model + Cost of Equity) / 2
Required Return as per Capital Asset Pricing Model = Risk Free rate + Market Risk Premium * Beta
= 4.9 % + ( 6% * 1.2)
= 0.049 + 0.06 * 1.2
= 0.049 + 0.072
= 0.1210
= 12.10%
Cost of Equity = (Expected Dividend/Price) + Growth Rate
= [( $ 1.30 * 1.08) / $ 36] + 8%
= 0.039 + 0.08
= 0.1190
= 11.90%
The best estimate of the company’s cost of equity = (12.10 % + 11.90 % )/ 2
= 24% / 2
= 12%
Hence, the best estimate of the company’s cost of equity is 12%
Dr. bills Payable 6300 Notes Payable 6,300.
The journal entry used for recording the issuance of a note for the cause of converting a current account payable could be to debit the bills payable and credit the notes payable.
A magazine entry is a record of an enterprise transaction for your business books. In double-access bookkeeping, you're making at least two journal entries for each transaction. Because a transaction can create a variety of changes in a commercial enterprise, a bookkeeper tracks them all with magazine entries.
An example of a journal is a diary in which you write about what happens to you and what you are wondering. An example of a journal is the brand new England journal of drugs, wherein new studies are posted which are relevant to docs and medicinal drugs.
Magazine entry format is the usual layout utilized in bookkeeping to maintain a record of all of the organization's business transactions and is especially based totally on the double-access bookkeeping device of accounting and guarantees that the debit aspect and credit facet are usually the same.
<em>The question is incomplete. Please read below to find the missing content.</em>
The journal entry to record the conversion of a $6,300 accounts payable to notes payable would be
A: Cash 6,300
Notes Payable 6,300
B: Notes Receivable 6,300
Notes Payable 6,300
C: Notes Payable 6,300
Cash 6,300
D: Accounts Payable 6,300
Notes Payable 6,300
Learn more about the journal entry herehttps://brainly.com/question/14279491
#SPJ1
He was supposed to keep 10%.
The 10% share was one of the columbus demand' when both columbus and the crown agreed to the terms for his voyage fundinsg.
But, since <span>he had been relieved of his duties as governor, the Crown no longer feel obligated to honour the term of the contract.</span>
