Answer:
The total stockholders' equity amounts to $640,000
Explanation:
The total stockholders' equity is computed as:
Total stockholders' equity = Common Stock + Paid-In Capital in Excess of Par + Retained Earnings - Treasury Stock
where
Common Stock is $375,000
Paid-In Capital in Excess of Par is 90,000
Retained Earnings is 190,000
Treasury Stock is 15,000
Putting the values in the above:
= $375,000 + $90,000 + $190,000 - $15,000
= $655,000 - $15,000
= $640,000
Answer:
Standards sales at break even point are 24000 units
Explanation:
The weightage of each product in sales mix is for each product is,
Total sales = 40000 + 60000 = 100000 units
Standard = 40000 / 100000 = 0.4
Supreme = 60000 / 100000 = 0.6
We first need to calculate the overall break even point in units and divide it in the sales mix.
The overall break even point in units = Fixed costs / Weighted average contribution margin per unit
Overall break even in units = 1800000 / 30 = 60000 units
Standards sales at break even point = 60000 * 0.4 = 24000 units
The true statement is that Adams has a higher degree of operating leverage than Baron.
<h3>What is a operating leverage?</h3>
The cost-accounting formula is used to measures the degree a project can increase the operating income by increasing revenue.
Here, the degree of operating leverage is for Adams, Inc is <u>3</u> and for Baron, Inc. is 2.
Hence, the true statement is that Adams has a higher degree of operating leverage than Baron.
Therefore, the Option C is correct.
Read more about operating leverage
<em>brainly.com/question/15869128</em>
The correct answer is true.
The United States issues savings bonds, which is equivalent to loaning them money. Savings bonds are a very safe investment for the investors and gives the United States cash flow.
I took this question already, so if it was
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Often, when both parties to a contract are mistaken as to the same material fact, either party can rescind the contract.
It would be "True"
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