Answer:
The answer is Limited liability partnership (LLP)
Explanation:
A LLP is a form of partnership where the majority of all partners have limited liabilities. A LLP possesses the characteristics of both a corporation and a partnership. Each partner in a LLP is not liable for negligence or misconduct of another partner. In the event of business failure, the personal properties of partners in a LLP are protected against legal action. Moreover, taxation of partners’ earnings in a LLP is done only once, that is, on the firm’s profit.
Answer:
BEP 378,000
Explanation:
![\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}](https://tex.z-dn.net/?f=%5Cfrac%7BFixed%5C%3ACost%7D%7BContribution%20%5C%3AMargin%20%5C%3ARatio%7D%20%3D%20Break%5C%3A%20Even%5C%3A%20Point_%7Bdollars%7D)
![\frac{Contribution \: Margin}{Sales \: Revenue} = Contribution \: Margin \: Ratio](https://tex.z-dn.net/?f=%5Cfrac%7BContribution%20%5C%3A%20Margin%7D%7BSales%20%5C%3A%20Revenue%7D%20%3D%20Contribution%20%5C%3A%20Margin%20%5C%3A%20Ratio)
![Sales \: Revenue - Variable \: Cost = Contribution \: Margin](https://tex.z-dn.net/?f=Sales%20%5C%3A%20Revenue%20-%20Variable%20%5C%3A%20Cost%20%3D%20Contribution%20%5C%3A%20Margin)
60 - 24 = 36 contribution margin
every units contribution $36 dollars
36 / 60 = 0.6 CM ratio
each dollar of sale generate 60 cents of contribution
226,800 fixed cost / 0.6 CMR = 378,000 BEP in dollars
Answer:
producers of the bags of popcorn because they will sell more to the movie theater
Answer:
net income = $106,000
Explanation:
net income = total revenues - total expenses = $772,000 - $666,000 = $106,000
Any additional capital raised will increase the company's cash flows (financing activity) and any dividends distributed will decrease them (another financing activity), but they do not affect the company's net income.