Answer:
$9,937.89
Explanation:
The computation is shown below:
Given that
Current T-bill yield rate = 2%
Required rate of return = 2.5%
Time period = 3 months
We assume the face value be $10,000
So the willing to pay amount for a three month T- bill is
= Face value ÷ (1 + required rate of return × given months ÷ total months)
= $10,000 ÷ (1 + 2.5% × 3 months ÷ 12 months )
= $10,000 ÷ (1 + 0.625%)
= $9,937.89
Answer:
=$422,000
Explanation:
As per the contribution margin concept, the contribution margin per unit is equal to the selling price per unit minus variable costs.
Therefore, the total contribution margin is the sales minus variable costs.
The contribution margin for the west will be sales($930,000) minus variable cost($488,000)
=$930 ,000 - $488,000
=$422,000
Answer:
The accounts receivables , notes payable and to purchase considerations are recorded under CREDIT on moss books because this are monetary values received by Moss
Explanation:
Attached to this is the tabular form of the entry of the purchase of Carla Vista galleries on Moss books. the accounts receivables , notes payable and to purchase considerations are recorded under CREDIT on moss books because this are monetary values received by Moss
Answer:
If the offer is rejected by the Dall then the offer is no more in place. The particular reason is that Martin is not required to tell Dall that the offer is no more in place. Suppose Martin is wishing to close his offer and till now Dall has not declined the offer. So Martin will have to communicate Dall that the offer is been closed. If Dall has communicated Martin that he has rejected the offer, then this means the offer essence has vanished. Hence Martin has no liability towards Dall, if Dall sues him.
Answer:
a-1. 55,620 units
a-2. 9.34
Explanation:
a-1. The accounting break-even point is calculated by;
= (Fixed costs + Depreciation) / (Sales - Variable costs)
Depreciation = 714,400/8 = $89,300
Accounting breakeven = (745,000 + 89,300) / (51 - 36)
= 55,620 units
a-2. Degree of Operating Leverage
= 1 + (Fixed Costs/ Operating Cashflow)
= 1 + (745,000 / 89,300)
= 9.34
<em>At this point, the only given Operating cashflow figure is Depreciation. </em>