Answer:
55,000 units
Explanation:
Calculation for how many units must be sold
Using this formula
Units to be sold=Total fixed costs +Profit/(Sales price-Variable cost )
Let plug in the formula
Units to be sold =($800,000+$300,000)/($32 -$12)
Units to be sold=$1,100,000/$20
Units to be sold=55,000 units
Therefore units that must be sold to earn net income of $300000 will be 55,000 units
Answer:
These are the options for the question:
- Managing for globalization
- Managing for sustainability
- Managing for animal welfare
- Managing for diversity
- Managing for information technology
And this is the correct answer:
- Managing for sustainability
Explanation:
The use of cow manure to power facilities and fuel milk tankers is a managerial challenge directly related with the sustaniable aspecto of the Farm.
This is because a natural resource: cow manure, is being used in an efficient manner to provide much needed power to the firm's facilities. The amounts of manure, times, and processes that are used, are all part of the sustainability policy of the farm, which has to be overseen by the manager.
Answer:
The answer is ' a profit of $14 million
Explanation:
Revenue = $24 million
Total expenses = $10 million
Profit(loss) = Revenue minus total expenses
$24 million - $10 million
Profit = $14 million.
It is a profit because revenue is greater than total expenses. Adventure Enterprises will report a loss if reported total expenses was greater than reported revenue
Answer:
Lowell Corporation
The amount that will be recorded as goodwill by Lowell Corporation to record its investment in Boston is:
= $5,000.
Explanation:
a) Data and Calculations:
Investment in Boston Company = $83,000
Fair value of assets = $98,000
Fair value of liabilities 23,000
Net value of assets = $75,000
Goodwill = $5,000 ($80,000 - $75,000)
b) Acquired Goodwill is the difference between the cost of purchasing Boston Company ($80,000) and the net identifiable assets of Boston Company ($75,000). The net identifiable assets are calculated by subtracting the fair value of the liabilities from the fair value of the assets.
Answer:
C. 4.00
Explanation:
The interest coverage ratio is the same as times interest earned.
It is a the financial ratio that shows how many times over the income or earnings before interest and tax can be used to pay the interest payable in the same period.
Hence, Interest coverage
= Earnings before interest and taxes (EBIT) / Interest expense
EBIT = $580,000 - $350,000 - $45,000 - $90,000 -$15,000
= $80,000
The company's interest coverage ratio is
= $80,000/$20,000
= 4.00
