Answer:
It need sales figure of 22,125 units per year to break even considering their currnent contribution marign and fixed cost.
Explanation:
fixed cost per year:
equipment lease cost: 288,000
other overhead cost <u> 48,300 </u>
total fixed cost 336,300
contribution per unit:
sales revenue - variable cost
39.75 - 14.55 = 15.20
each units generates $15.20 dollar we need to save up for 336,300 dollars
break even point:
336,300 / 15.20 = 22,125 units
Answer:
Hager should recognize a pre-tax gain on this exchange of $12,000
Explanation:
In order to calculate the pre-tax gain on this exchange that should be recognized, we would have to calculate first the total gain as follows:
Total Gain=$480,000-$384,000
Total Gain=$96,000
Because the exchange lacks commercial substance and some cash was received a portion of gain is recognized=$60,000/$480,000=0.125
Therefore, amount of pre-tax gain=$96,000*0.125=$12,000
Hager should recognize a pre-tax gain on this exchange of $12,000
Three tests that can be used to assess graduates include:
- Skills and knowledge psychometric tests.
- Ability and aptitude psychometric tests.
- Personality tests.
<h3>What are some tests that can be used to test graduates?</h3>
A skills and knowledge psychometric test will allow Hornbill Holdings to find out how knowledgeable a graduate is in their industry and its processes.
They can also use an ability and aptitude test to find out how adaptive the graduate is to new situations.
Personality tests can then find out if the graduate has the right type of personality for the culture at Hornbill Holdings.
Find out more on graduate testing at brainly.com/question/16321787.
Answer:
c. corporation
Explanation:
A corporation is a type of business ownership that recognizes a business as a separate entity from its owners. Legally, a corporation is an independent person with commercial rights like any other person. A corporation is entitled to de business, incur debts, acquires assets, and make profits.
A corporation is expected to file its income tax returns at the end of every financial year. The owners of a corporation or its shareholders are also expected to file their separate income tax returns. An element of double taxation arises the business is taxed, and the owners are also taxed separately. In the other form of business ownership, the business incomes pass as owner's income resulting in single taxation.
