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sp2606 [1]
3 years ago
10

Atlas Corporation sells 100 bicycles during a month. The contribution margin per bicycle is $200. The monthly fixed expenses are

$8,000. Compute the profit from the sale of 100 bicycles ________.a. $12,000b. $10,000c. $20,000d. $8,000
Business
1 answer:
jonny [76]3 years ago
4 0

Answer:

A, $12,000

Explanation:

Profit is the financial gain as a result of the difference between the selling price of a product and the cost/production cost of the product.

To calculate the profit from the sale of the bicycles, we use the formula

Profit = (marginal cost x quantity of bicycles) - Expenses.

we have,

Profit = ($200 x 100) - $8,000

Profit = $20,000 - $8,000

Profit = $12,000.

Cheers.

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kifflom [539]

Answer:

a leasehold      

Explanation:

Leasehold relates to an accounting phrase for a rented resource. Usually the asset is estate such as a house or storage within a building. The lessee buyouts with the property owner in return for a sequence of planned payouts throughout the lease term, for the lawful right to utilize the estate.

Once a lease agreement is signed, to a degree permitted by the deal, the purchaser or tenant starts to construct the accommodation for its activities. In commercial real estate, leaseholds are much more popular whereby supermarkets as well as other facilities can be constructed on the ground but often occur in housing uses, such as homes and condos.

7 0
3 years ago
Which answer best fills in the blank in this sentence?
Levart [38]

Answer:

Less

Explanation:

The answer is Less.

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Which one of the following is NOT generally considered a key factor in assessing industry attractiveness? Select one: a. Buyer p
Tanya [424]

Answer:

c. Threat of regulation

Explanation:

Michael Porter's five forces model states factors for assessing an industry's attractiveness. Following are the five forces as per porter:

  1. Buyer power: Refers to negotiation power of buyers in a industry
  2. Supplier Power: Refers to supplier's power to charge a price for inputs.
  3. Threat of substitutes: Refers to competitors already making homogeneous or similar products.
  4. Degree of Rivalry i.e the intensity of competition in an industry
  5. Threat of new entrants: Threat of new firms entering the industry and gaining a market share.

Thus, Threat of regulation is not considered amongst 5 forces that are used to assess industry attractiveness.

6 0
3 years ago
Carroll City levies $200,000 of property taxes for its current fiscal year. One percent of the tax levy is expected to be uncoll
Ivahew [28]

Answer:

$198,000

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Following amount of property tax revenues should the city report in the government-wide financial statements for the current fiscal year

During the year collection =  $170,000

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Prior year taxes =  $3,000

Total = $170,000 + $25,000 + $3,000 = $198,000

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