Answer:
D. 24,000
Explanation:
Calculation to determine How many Standards would Roosevelt sell at the break-even point
First step
Total sales = 40000 + 60000
Total sales= 100000 units
Second step
Standard = 40000 / 100000
Standard= 0.4
Third step
Supreme = 60000 / 100000
Supreme= 0.6
Fourth step
Overall break even in units = 1800000 / 30
Overall break even in units= 60000 units
Now let calculate the Standards sales at break even point
Standards sales at break even point = 60000 *
0.4
Standards sales at break even point =24000 units
Therefore the Standards sales at break even point is 24000 units
Answer:
one particular cost issue that I noticed as a team manger is the inability to keep our budget in line due to additional costs that kept coming up intermittently. This cost issue almost cost us the entire project.
Explanation:
At the execution phase of the project I was managing, additional costs that needed immediate attention drove us to emergency mode at a point with a huge budget overrun that pushed us to the brink of project shutdown.
To rectify the issue, I called for a meeting with my team and the following steps were taken
- we extended the time for the completion of the project.
- Requested for the services of a professional accountant to prepare a comprehensive budget that will give cater for emergencies.
- We developed good processes and habits will help significantly reduce the likelihood that your project budget will turn into a catastrophe such as weekly reviews.
Answer: $12,250
Explanation:
Given Data;
Sales = $195,000
Operating income = $70,000
Average Operating assets = 385,000 Additional investment = $50,000
minimum rate of return is = 15%.
Residual income = operating income - (minimum required return x operating assets).
= $70,000 - ( 0.15 * 385,000)
= $12,250
Residual income without the Added investments is $12,250
Answer:
The answer is A.
Explanation:
A letter of credit is a promise given by an issuing bank at the request of its customer in which the bank promises to pay the beneficiary the states amount within a specified period of time. It has three elements – the beneficiary/seller, the buyer/applicant and the issuing bank.
While A banker's acceptance is a short term instrument given by a bank that obligates itself to make a payment at a later date. It is like a post-dated check.
Answer: a. environmental
Explanation:
Efforts by companies to use renewable resources in the production of goods and services are a benefit to the environmental sustainability of the planet.
By using renewable resources like rainwater and solar panels as well as ensuring proper use of pesticides, the company is protecting the water supply as well as organisms that are harmed by pesticides added to reducing electricity demand. These actions will contribute to environmental sustainability.
