Answer:
A) 1,000 units
Explanation:
We first calculate the revised Fixed and Variable costs for 2013
In 2013,
Fixed costs = 250,000 * 1.20 = $300,000 as a result of 20% increase
Variable costs = 250 * 0.8 = $200 per unit as a result of 20% reduction
This gives us a contribution per unit of,
Contribution = Selling price - Variable costs = 500 - 200 = $300 per unit.
Revised break even point then,
Break even = Fixed Costs / Contribution per unit
Break even = 300,000 / 300 = 1000 units
Hope that helps.
Answer:
The current value of the stock is $12.63
Explanation:
price of a share
... 1
where, 
= price of a stock at t years
= dividend at year t
R= rate of return from market
g = growth rate of dividend
substituting into equation 1
= $1.2 ÷ 12% - 2.5%
= $1.2 ÷ 0.095
= $12.6316
= $12.63
Answer:
$173,640
Explanation:
April payments = $374,000 x 70 % + $317,000 x 30 %
= $173,640
Budgeted cash payments for April is $173,640
Answer:
the anaswer is 245
Explanation:
Angela uses cup of strawberries to make of a liter of smoothie. What is the unit rate in cups of strawberries per liter of smoothie?
Answer:
1. Price ceiling non binding
2. Price ceiling, binding
3. Price floor binding
Explanation:
A price ceiling is when the government or an agency of the government sets the maximum price for a good or service.
Price ceiling is binding if it is set below equilibrium price.
A price floor is when the government or an agency of the government sets the minimum price for a good or service.
Price floor is binding when it is set above minimum price.
If equilibrium price is $58 and the maximum price set by the government is $87. This is a price ceiling but it is not binding because it is above equilibrium price.
If the minimum price is $87. It is an example of A price floor and it is binding because it is set above equilibrium price.
If car rentals want to pay their workers more but can't do it because of new regulations, I it means it's a price ceiling and it is binding.
I hope my answer helps you
