Answer:
CMR: 52% --> each dollar of sales generates 52 cent of contribution
VCR: 48% --> 48 cent per dollar of sales are cost
BEPu: 10,000 units will pay up the cost to purchasethis units and the fixed cost for the business.
BEPs: $ 250,000 in sales pay up both, fixed and varible operating cost.
Explanation:
selling price per hat: $ 25
variable cost per hat: $ 12
Contribution per unit $ 13
Contribution Ratio:
13/25 = 0.52
Variable cost Ratio:
12/25 = 0.48
Fixed cost: 130,000
Break even point:
dollars of sales BEP: 250,000
units sold to pay up variable and fixed cost: 10,000
Answer:
Option C is correct answer.
<u>$104.4</u>
Explanation:
Cash sales = revenue + change in accounts receivable + change in deferred revenue
= 95.4+121.5-123.5+(45.6-34.6)
= $104.40
The answer is a mixed economy. most commercial enterprise establishments in America are privately owned, however, the federal government owns a number of predominant businesses, e.g., the U.S. Postal carrier. This suggests that the U.S. financial system is first-rate categorized as a mixed economy. A combined financial system combines the blessings and disadvantages of a marketplace, it's a device protects non-public belongings and lets in a degree of economic freedom inside the use of capital.
Answer:
$1,104.68
Explanation:
The payment applicable to the future value of the annuity due can be determined using the future value formula for the annuity due provided below by rearranging the formula such payment is made the subject:
FV=monthly payment*(1+r)^n-1/r*(1+r)
FV=future value=$120,000
monthly payment=unknown(let us assume it is MP)
r=monthly interest rate=7%/12=0.005833333
n=number of monthly payments in 7 years=7*12=84
$120,000=MP*(1+0.005833333)^84-1/0.005833333*(1+0.005833333)
$120,000=MP*(1.005833333)^84-1/0.005833333*(1.005833333)
$120,000=MP*(1.629994009
-1)/0.005833333*1.005833333
$120,000=MP*0.629994009
/0.005833333*1.005833333
$120,000=MP*108.628973152
MP=$120,000/108.628973152
MP=$1,104.68
Answer:
The correct option is (c) Increase tax expense by $1,541 million
Explanation:
Step 1. Given information.
- Decrease in Deferred Tax Asset 1503 Million
- Increase in Deferred Tax Liabilities 38 Million
Step 2. Formulas needed to solve the exercise.
Increase in Tax Expense= Decrease in Deferred Tax Asset + Increase in Deferred Tax Liabilities
Step 3. Calculation.
Increase in Tax Expense = 1503+38 = 1541 Million
Step 4. Solution.
The correct option is (c) Increase tax expense by $1,541 million