2% of $65000 = $1300 x 15 = $19,500 per year (which sucks).
Hope that helps.
The common denominator for decisions on service processes is customer contact while but for manufacturing processes, it is product variety.
<h3>What is a common denominator?</h3>
This refers to the feature that is shared by all members, item, quantity of a subject matter.
Hence, the common denominator for decisions on service processes is customer contact while but for manufacturing processes, it is product variety.
Read more about common denominator
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I think the answer is D. Debit card
The number of tapes that should be produced and sold that will let the company have profit is 1 unit higher than the breakeven point. Breakeven happens when the total cost and total revenue is equal.
Total cost is equal to the sum of the fixed cost and the variable cost which is equal to,
TC = 4000 + x
where x is the number of units. The breakeven equation is,
4000 + x = 5x
Simplifying the equation will give us,
4x = 4000
x = 1000
The value of x from the equation is 1000.
Hence, the company should manufacture more than 1000 for them to have profit.
Answer:
$300 and $21,700 respectively.
Explanation:
Preference Stock has preference when it comes to payment of dividends. So the dividend declared is first paid to Preference Stock holders then the remainder to Common Stock Holders.
Preference Stock Dividend :
Dividend = 600 shares x 5% x $10 = $300
Common Stock Dividend :
Dividend = $22,000 - $300 = $21,700
therefore,
The amount of dividends paid to preferred and common shareholders in year 1 is: $300 and $21,700 respectively.
