Answer: -$140000
Explanation:
Total operating expenses, = fixed costs + variable cost
Fixed cost is 20% = $60000
Variable cost is 80%
Therefore Total Operating expenses is $300000
When we subtract the total operating expenses (300000) from the total revenue (160000) , we get -140000.
Camino's is having a net operating loss of $140000. To make profit, they need to sell above 37500 cups
Answer:
BUILDING C
Explanation:
Calculation to determine In which building would you recommend that The Nash Inc. locate, assuming a 12% cost of funds
BUILDING A $611,000
Calculation for BUILDING B
Annual payments $71,370
X PV factor 8.65246=1+(1-(1.11)^-24)/0.12
Net present value $617,526.1
Calculation for BUILDING C
Annual rental $6,800
X PV factor 7.71993 =(1-(1.11)^-25)/0.12
Present value 52,495.5
Net present value =$657,400- $52,495.5
Net present value =$604,905
Net present value
Building A $611,000
Building B $617,526.1
Building C $604,905
Based on the above calculation Nash inc should locate itself in Building C because it has less Net present value
Therefore the building you would recommend that The Nash Inc. locate, assuming a 12% cost of funds is BUILDING C
Answer:
a.
Oct 1 Cash $240 Dr
Unearned Subscription Revenue $240 Cr
b.
Dec 31 Unearned Subscription Revenue $60 Dr
Subscription Revenue $60 Cr
Explanation:
a.
The receipt of $240 upfront in advance from a customer is a liability for the business as the business has received cash for service that is yet to be provided. The business will record this as a debit to the cash account and credit to a liability account of Unearned Service Revenue.
b.
On 31 december, the business has provided magazines for 3 months thus it has earned revenue for 3 months. The revenue for 3 months is,
Revenue per month = 240 / 12 = 20
For 3 months = 20*3 = 60
The business will record this as a credit to the subscription revenue and a debit to the unearned subscription revenue
Answer:
$800
Explanation:
The computation is shown below:
First we have to determine the total amount invested that is shown below:
= $11,000 + $4,000 + $5,000 + $8,000
= $28,000
And, the profit is $5,600
So, the percentage is
= $5,600 ÷ $28,000
= 0.2
Now the Gary share is
= $11,000 × 0.2
= $2,200
And, each share in profit
= $5,600 ÷ 4
= $1,400
Now the final amount is
= $2,200 - $1,400
= $800
Answer:
9
- 3
= 
Explanation:
Since this is an example of mixed whole numbers and fractions, this are mixed fractions.
Since the denominator is the same (6), we are just going to create a proper fraction out of these mixed fractions by multiplying the denominator with the whole number and adding the numerator. Then, the result becomes the new numerator, while the denominator remains the same.
Therefore, we have:
9

So when we subtract these two, we get
.