Answer:
$60,000 or $12,000
Explanation:
1. Since Zack expects Sparky to use the developed software for a period of five years, we could assume that the revenue for the first year of the contract would be $60,000.
2. Or if we Spread out the average revenue for a period of five years from the licensing fee, 60,000 / 5 (years) would give us 12,000 dollars per year.
Answer: 9.45%
Explanation:
From the question, we are informed that the assets for BIZZ0 in 2018 were $187,300, the liabilities for that year were $275,600; and the net income was $17,700.
The return on income for the year will be:
= ( Net Income / Total Assets ) × 100
= ($17,700 / $187,300) × 100
= 0.0945
= 9.45%
Answer:
$4,000
Explanation:
P- percent
r-rate
t-time
P: 10000
R:8 but u have to move it two spots so it would be 0.08
T:5 years
10,000(0.08) (5) = 4,000
$4,000
That's how I do it. I hope it helps!
Answer:
6,250 units to break even.
Explanation:
Let's call x the number of units needed.
We know the sales price ($200/unit).
We know the cost of production ($120/unit)
And to break even, the Abner Corporation need to cover their fixed costs of $500,000.
That can be modeled like this:
200x - 120x = 500000 (sales price - cost price to get 500K)
we simplify and solve:
80x = 500000 (making $80 profit for each unit)
x = 6,250 units
Abner Corp needs to sell at 6,250 units to break even.
Since it is selling 7,500 units, they are making a profid.
B it will show that he is actually in need of a break instead of him saying that he is tiered and getting a break
