Answer:
So the break even point is increased by 4,125 units
Explanation:
The computation is shown below:
As we know that
Break even point in units is
= (Fixed expenses ) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
So the current break even point is
= $270,000 ÷ ($40 - $24)
= $270,000 ÷ $16
= 16,875 units
And, if mary ideas are used, so break even point is
= ($270,000 + $24,000) ÷ ($38 - $24)
= $294,000 ÷ $14
= 21,000 units
So the break even point is increased by 4,125 units by taking the difference
Answer:
$10,000
Explanation:
A customer buys 1,000 shares of XYZ
The shares are bought at $60 in a margin account
Two days after the price of XYZ drops to $40
The first step is to calculate the current market value
= 1,000 shares×$40
= $40,000
Therefore, the minimum maintenance margin requirement can be calculated as follows
= 25/100 × current market value
= 25/100 × 40,000
= 0.25×40,000
= $10,000
Hence the minimum maintenance margin requirement is $10,000
The answer is <span>d. Listen first and speak second.</span>
Answer:
$12,000
Explanation:
Calculation for the amount of rent he paid.
First step is to calculate his sales amount for the year using this formula
Sales = Percentage of total gross sales volume× Sales amount
Let plug in the formula
Sales =2%×$435,000
Sales=$8,700
Second step is to calculate his minimum base rental using this formula
Minimum base rental = Numbers of month × Monthly payment
Let plug in the formula
Minimum base rental= 12 months ×$1,000 per month
Minimum base rental=$12,000
Based on the calculation his minimum annual base rent will be $12,000 which is higher than tha amount of $8,700 which means that the tenants paid the amount of $12,000.
Therefore the amount he paid for his rent will be $12,000.
