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gregori [183]
2 years ago
5

Cubie Corporation has provided the following data concerning its only product: Selling price$97per unit Current sales 10,300unit

s Break-even sales 8,961units What is the margin of safety in dollars
Business
1 answer:
SOVA2 [1]2 years ago
6 0

Answer:

the  margin of safety in dollars is $129,883

Explanation:

The computation of the margin of safety in dollars is given below:

= (Current sales units - break even sales units) × selling price per unit

= (10,300 units - 8,961 units) × $97 per unit

= 1,339 units × $97 per unit

= $129,883

Hence, the  margin of safety in dollars is $129,883

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An income statement reports the revenues earned minus expenses incurred by a business over a period of time.
Alex

Answer:

True

Explanation:

This is an income statement. Ex: Rent expenses, salaries expense, total revenues, etc.

7 0
3 years ago
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The basic summary device of accounting is the
steposvetlana [31]
 It is the detailed record of all the changes in a specific asset, liability, or stockholder's equity item as a result of transaction. Hope this helps!
5 0
3 years ago
What are some of the ways in which the government is involved in the economy? what are the advantages and disadvantages of gover
ArbitrLikvidat [17]
The government can control tariffs and can limit how much can be imported into the usa.
The government can provide subsidies to certain producers, typically farmers.
The government can put a ceiling and a floor on prices as they wish. They can control the lowest and highest price a commodity can sell for.
The government can own public works such as a water company if they feel they can provide the service for a lower cost than the local competitors.
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Each of these has advantages and disadvantages. For example, for farmers, when prices on their crops are too low, the government "gives" them money for their crops so they can stay in business.
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If the government can provide utility services for cheaper, that is good.

5 0
2 years ago
You want to invest $50,000 in a portfolio with a beta of no more than 1.4 and an expected return of 12.4%. Bay Corp. has a beta
IRISSAK [1]

Answer:

Assume the weight to be invested in Bay Corp is x. That means (1 - x) will be the weight for City Inc. The expression for the expected return will be;

(x * 11.2%) + ( (1 - x) * 14.8%) = 12.4%

0.112x + 0.148 - 0.148x = 0.124

-0.036x = -0.024

x = 0.67

Portfolio beta is;

= 0.67 * 1.2 + ( 1 - 0.67) * 1.8

= 1.398 so beta condition is satisfied.

Amount in Bay Corp.;

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8 0
3 years ago
What's pricing strategy
Sedaia [141]

Answer:

<em>A pricing strategy takes into account segments, ability to pay, market conditions, competitor actions, trade margins and input costs, amongst others. It is targeted at the defined customers and against competitors.</em>

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A business can use a variety of pricing strategies when selling a product or service. To determine the most effective pricing strategy for a company, senior executives need to first identify the company's pricing position, pricing segment, pricing capability and their competitive pricing reaction strategy

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3 years ago
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