Answer:
Yankee = 66,900 units
Zoro = 156,100 units
Explanation:
<em>Break Even Point = Fixed Costs / Contribution per unit</em>
= $23,415,000 / ((3×$175) + (7×$75))
= $23,415,000 / $1,050
= 22,300
Yankee = 22,300×3
= 66,900
Zoro = 22,300×7
= 156,100
Answer:
Correct answer is (A)
Explanation:
taxable income allocable to the business computed without regard to interest income; depreciation, amortization, or depletion; interest expense; and net operating loss deductions
Answer:
i believe it is 9,000 dollars
Explanation:
i looked it up
An investment vehicle known as a mutual fund pools the money of its shareholders and uses it to buy securities like stocks, bonds, money market instruments, and other assets. Professional money managers who specialize in managing mutual funds deploy the assets of the fund to produce capital gains or income for the fund's investors.
The portfolio of a mutual fund is structured and managed to meet the investment objectives stated in the prospectus. Mutual funds provide access to professionally managed portfolios of stocks, bonds, and other securities to small and individual investors. As a result, each shareholder shares in the fund's profits or losses in proportion.
Mutual funds invest in a wide range of securities, and their performance is typically measured by the change in the fund's total market capitalization.
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Solution:
The journal entries for Geraths in 2020
July 1st Cr Dr
No entry No entry
September 1st Cr Dr
Cash 2000
Accounts receivable 400
Cost of goods sold 1100
Inventory 1100
Unearned service revenue 554
Sales Revenue 1846
October 15th Cr Dr
Cash 400
Unearned service revenue 554
Service revenue 554
Accounts receivable 400