Answer:
$23,602
Explanation:
For computing the estimated total fixed cost, first we have to determine the variable cost per unit which is shown below:
Variable cost per unit = (High cost of sales - low cost of sales) ÷ (High units sold - low units sold)
= ($59,000 - $29,400) ÷ (2,200 units - 360 units)
= $29,600 ÷ 1,840 units
= $16,09
And, the fixed cost equal to
= High cost of sales - (High units sold × Variable cost per unit)
= $59,000 - (2,200 units × $16.09)
= $59,000 - $35,398
= $23,602
Answer:
C. financial break-even point.
Explanation:
Break even point in economics is the point in the business, wherein cost and revenue generated are equal and business make no profit, no loss. Similary Financial break even has a same concept, however, it is a point in business, wherein earning before EBIT is equal to the fixed financial cost of the company and these fixed costs should be earned by the company to run its business and meet its fixed financial obligation. The earning above the financial break-even point is a profit to the shareholder.
Point in financial break even, wherein earning per share is equal to zero.
Answer:
$45,297
Explanation:
Data provided as per the question
Installment = $9,000
Present value factor = 5.0330
The calculation of present value is shown below:-
Present value = Installment × Present value factor
= $9,000 × 5.0330
= $45,297
Therefore for computing the present value of the loan we simply multiply the installment with present value factor.
Answer:
$26,730
Explanation:
The explanation for this question is given in the attachment below.
