<span>c. money is deducted from the balance on the debit card.</span>
Answer:
29,771 units
Explanation:
The break-even indicates the number of units that you have to sell to cover your costs. The break-even point is calculated by using the formula:
Break-even point in units= Fixed costs/(selling price per unit-variable cost per unit)
Break-even point in units= $195,000/($14.95-$8.40)
Break-even point in units= $195,000/$6.55
Break-even point in units= 29,771 units
The break-even point in units is 29,771.
Answer: A service concession arrangement (D)
Explanation:
A service concession arrangement is an agreement whereby the government contracts with a private enterprise in order to operate, develop and maintain an infrastructural facility such as a tunnel, bridge, road, hospital, airport or prison. The government regulates and controls the kind of services the operator must provide, to whom the services are provided and at the price the services will be provided.
Concession agreements can also be between a non-governmental owner and a concessionaire, whereby the non-governmental owner gives the operator the exclusive rights to use and maintain the business for a stipulated period of time under specified conditions.
Answer:
1. Kyzera’s return on assets
Return on asset = (Net income / Average total asset)*100
Return on asset = (65,000 / 250,000)*100 = 26%
2.
26% return on assets seems satisfactory for Kyzera as compared to competitor's average return on asset 12% return on assets. It's about 117% higher than the competitor.
3. Total expenses for Kyzera in its most recent year
Expenses = Revenue - Net Income
Expenses = 475,000 - 65,000
Expenses = 410,000
4. Average total amount of liabilities plus equity for Kyzera
As we Know:
Average total Assets = Average total amount of liabilities plus equity
Average total amount of liabilities plus equity = $250,000
Explanation:
