Answer:
3,500 units
6,000 units
Explanation:
Given:
Sales Price = $15 per unit
Variable cost = $3 per unit
Fixed cost = $42,000 per month
A. Break even point
Break even point(in units) = Total fixed cost / (Sales Price - Variable cost)
= $42,000 / ($15 - $3)
= $42,000/ $12
= 3,500 units
B. Number of sales unit
Sales unit for desired profit = (Total fixed cost + Desired profit)/ (Sales Price - Variable cost)
= ($42,000 + $30,000) / ($15 -$3)
= $72,000 / $12
= 6,000 units
Answer:
Hospitality provides essential services (i.e., lodging and food) for travelers, whether they are on the move for reasons of necessity, leisure or luxury. Hospitality is a major factor in every vacation and business trip, and is thus important to individual customers and to businesses.
Answer:
Case 1
Price of share = $14.21
Case 2
Price of share = $44.17
Explanation:
Provided details,
We have the following,
Current dividend = $1.35
Growth rate = 0
Annual rate of return = 9.5%
Using dividend growth model value of share,
Where D1 = Dividend at year end
Ke = Cost of capital or expected return
P0 = price of share
g = growth rate
Thus P0 = 
= $14.21
In case 2, we have,
Dividend per share = $6.00 For a period of 9 years
Expected return = 11%
Growth rate = 0
Sale price at end of year 9 = $28
Present value annuity factor for 9 year @ 11%
= 5.537
Present value of Dividend = $6 
5.537 = $33.22
Discounted value of $28 for 9 years = 0.391 {tex]\times[/tex] $28 = $10.95
As, the share will be sold after 9 years, the price will be discounted to current value.
Total present value of share = $44.17
Thus, current price = $44.17
Case 1
Price of share = $14.21
Case 2
Price of share = $44.17
Answer:
S/N Account Titles and Explanation Debit Credit
1 Income tax expense (balance) $6,780,000
Deferred tax asset $1,250,000
(53,000,000*25%) - 14,500,000
Income taxes payable $5,530,000
(15,800,000 *35%)
(To record tax expenses)
2 Income tax expense $280,000
Valuation allowance - deferred tax asset $280,000
(4,720,000 - 5,000,000)
(To record valuation allowance)
Answer:
Free for the next (for example) month until the time the time is due, considering you paid for 2 months rent in the midst of one.
Explanation:
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