Answer:
The sales level in units to achieve the desired profit is 5,200 units.
Explanation:
Fixed cost = $ 3,000
Desired profit = $10,000
Lets the number of units sales is N.
Total variable cost = $2.5*N
Sales revenue = $5*N
Net Profit = Sales revenue – cost of goods sold – operating expenses
$10,000 = ($5*N) – ($2.5*N) - $3,000
($5*N) – ($2.5*N) = $ 10,000 + $ 3,000
$2.5*N = $ 13,000
N = $13,000/$2.5
= 5,200 units
Therefore, The sales level in units to achieve the desired profit is 5,200 units.
Answer:
The amount Nenn debited to write off of actual bad debt is $36,000
Explanation:
Allowance for Uncollectible beginning = $200,000
Allowance for Uncollectible at the end = $190,000
Bad debt expense reported = $26,000
Amount Nenn debited to write off of actual bad debt = $200,000 + $26,000 - $190,000 = $36,000
Answer:
5.59%
Explanation:
$1,000 bonds carrying a 4% coupon rate, semiannual coupon $20, matures in 20 years
if you purchase the bonds at $715, the nominal annual rate of return = coupon payments / bond price = ($20 + $20) / $715 = $40 / $715 = 5.59%
The nominal annual rate of return is calculated by dividing the revenue generated by an investment by the cost of the investment.
Answer:
The right alternative is Option b (Role of...............................shareholders only).
Explanation:
- As per another invisible hand mode of philosophy, the business serves a wider community unless it serves its institutional investors.
- Whenever the company makes money, the stockholders seem to be effective as well as the organization would be likely to succeed even though the organization across the financial institution seems to have an increased amount of unemployment.
Other selections are not comparable to just the example throughout the question. Therefore this option seems to be the appropriate one.
The gross domestic product (GDP) of the United states is defined as all the final goods and services produced in a given period of time.
<h3>What is Th
e gross domestic product of a country?</h3>
The gross domestic product of a country is all the final goods and services produced in a given period which is usually a year.
One of the methods used to calculate GDP is the expenditure method and it entails adding together the following components: consumption spending by households, Investment spending by businesses , Government spending and Net export
To learn more about GDP, please check: brainly.com/question/15225458
