Answer:
Break even point in dollar sales = $1,050,000
Explanation:
Break Even Point in dollar sales = Fixed Cost/ Contribution margin percentage
Contribution margin percentage = (Contribution margin/ Sales) X 100
Here we have for the year 2017
Contribution margin = $194,750
Sales = $779,000
Contribution margin percentage = ($194,750/$779,000) X 100 = 25%
Break even point in dollar sales = Fixed Cost $262,500/25%
= $1,050,000
Answer:
A. ceases to exist unless sold or taken over by Yoshi's heirs.
Explanation:
A sole proprietorship is a from of business which is owned by one person. The owner is usually the decision maker.
One of the disadvantages of sole proprietorship is lack of continuity. The business usually ends when the owner dies. Although , family members can take over running the business.
I hope my answer helps you.
The technology associated with the manufacturing computers has advanced tremendously. This change has led to the price of a computer <u>falling</u> and the quantity <u>increasing</u>.
Lower prices most likely results in a higher demand for the product in question, which will increase the production rate of that product.
Answer:
Option (D) is correct.
Explanation:
Given that,
During a year,
Firm's gross investment = $2,000
Firm's net investment = $1,600
Firm's depreciation = ?
Therefore,
Gross investment = Net investment + Depreciation
$2,000 = $1,600 + Depreciation
$2,000 - $1,600 = Depreciation
$400 = Depreciation
Hence, the firm's depreciation is $400.
