Answer:
Break even = $50 per visit
$100,000 profit = $60 per visit
Explanation:
In order to break even, the total revenue of the expected 10,000 visits must equal the costs necessary to perform them. The cost per visit is the only variable cost with the others being fixed costs:
In order to break even, the hospital must charge $50 per visit.
In order to earn an annual profit of 100,000, That profit must be spread out over the 10,000 visits, the profit required per visit is:
Since the break even price is $50, the hospital must charge $60 to earn an annual profit of $100,000.
Answer:
37% compounded annually
Explanation:
To find the answer we need to follow this formula:
Where:
- P = Present value of the stock
- I = Initial value of the stock
- r = Interest rate
- n = number of compounding periods
Now we plug the amounts into the formula:
900,000 = 150,000 (1 + r)^13
900,000 / 150,000 = (1 + r)^13
60 = (1 + r)^13
Ln60 = 13 Ln(1 + r)
4.09 / 13 = Ln(1 +r)
0.31 = Ln(1 + r)
e0.31 = Ln(1 + r)
1.37 = 1 + r
1.37 - 1 = r
0.7 = r
Thus, the annual interest rate is 37%
When shipments from a number of sources are combined into one larger shipment going to a single location, the operation is known as warehouse consolidation.
Product Shipments means, for each Performance Period, the quantitative and measurable number of units of a particular Product shipped during that Performance Period.
Cargo is a word used as a noun to describe goods being transported. Shipping is a word that is used both as a noun and as a verb. When used as a verb, it includes the word ship and thus refers to the actual transportation of goods, not necessarily by sea.
Total shipments represent the quantity shipped by regular shippers or the quantity paid by regular shippers during the base period, whichever is greater.
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As per the given data, there is An increase of $90 and a decrease of $100.
( bottle cost 90x10 =900 and 90x11=990; increase of $90)
(Total Revenue: 100x10=1000 , 90x10=900; difference is 100)
<h3>What is revenue?</h3>
While doing any kind of business, a person always invests some money and tries to generate a profit. This can be done with the help of operations calculations.
After an average sale that has been done. This kind of work or activity is done in the case of revenue. One can easily calculate the revenue by putting the given value into the formula.
Thus, in the case of Mr. Potter, after selling 11 bottles per week, the total revenue will be a difference of a hundred dollars.
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Answer:
Date General Debit Credit
$ $
Dec 31 Equipment 10000
Cash 10000
Following are detail of the posting of equipment purchased
1) The $10,000 will be posted to the debit side of the Equipment Account.
2) The $10,000 will be posted to the credit side of the Cash Account
