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Drupady [299]
3 years ago
5

The following information pertains to Nova Co.'s cost-volume-profit relationships:

Business
1 answer:
vitfil [10]3 years ago
4 0

Answer: $150

Explanation:

Breakeven point in units sold = 2,000

Variable expenses per unit = 500

Total fixed expenses = $150,000

The break even in units is calculated as:

= Fixed Cost / Contribution per Unit

Therefore,

1000 = 150000/ Contribution per unit

Contribution per Unit will now be:

= 150000 / 1000

= 150

It should be noted that after the break even point, every unit sold will lead to an increase in the contribution per unit to the net operating income. Therefore, the amount that'll be contributed to net operating income by the 2,001st unit sold is $150.

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On January 1, Borge Inc. issued $3,000,000, 8% bonds for $2,817,000. The market rate of interest for these bonds is 9%. Interest
sveta [45]

Answer:

At the end of the first year, Borge should report unamortized bond discount of a. $169,470.

Explanation:

Solution:

Interest amount =

($2,817,000 * 0.09) - ($3,000,000 * 0.08)

=$13,530

Bond Disc. Amount; ($3,000,000 - $2,817,000)  - $13,530

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3 years ago
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prohojiy [21]

Answer:

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Explanation:

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3 years ago
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Answer:

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Explanation:

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5 0
3 years ago
What are features of alternate credit?
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4 0
3 years ago
3 Points
Maslowich

Answer:

C. An auction market

Explanation:

Option A is wrong because merchant wholesalers purchase any products directly from the manufacturers and sell those to the retailers, or consumers. In that case, buyers and sellers do not need to come together to complete a transaction.

Option B is incorrect as the warehouse club is recognized as a retail store where customers can purchase bulk products to reduce the expenses. In that case, only sell is the motive.

Option D is wrong because drop shippers cannot hold the inventory to their stocks. Therefore, customers and manufacturers will not come together.

<u><em>Option C</em></u> is correct because, in an auction market, the buyer and the seller have to come at the same time to complete a transaction. In that market, the buyer will directly negotiate with the seller to purchase a product or something else.

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4 years ago
Read 2 more answers
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