Answer:
Break-even point (dollars)= $480,000
Explanation:
Giving the following information:
Fixed costs are $114000.
Sales mix:
Planes= 0.75
Kits= 0.25
Contribution margin ratio:
Planes= 0.20
Kits= 0.35
To calculate the break-even point in dollars, we need to use the following formula:
Break-even point (dollars)= Total fixed costs / Weighted average contribution margin ratio
Weighted average contribution margin ratio= sales mix*contribution margin ratio
Weighted average contribution margin ratio= 0.75*0.2 + 0.25*0.35
Weighted average contribution margin ratio= 0.2375
Break-even point (dollars)= 114,000/0.2375
Break-even point (dollars)= $480,000
Answer:
True
Explanation:
Equity is the owner's interest in a business. It is made up of the owners' contribution plus any gains or losses realized from the business.
Equity is increased by additional capital or when the business makes a profit. It decreases when the owner makes some drawings or when the business incurs losses.
Equity accounts include drawing because they reduce equity. Revenue account increases profits and capital and expenses accounts that reduce equity.
Answer: False
Explanation:
Title VII of the Civil Rights Act of 1964 expressly forbids the discrimination of groups based on race which is what the Ku Klux Klan stands for.
As a result, the employer does not have to accommodate the employee's deeply held beliefs if they will cause a violation of Title VIII in the operations of the company.
Answer:
tell them about your hobbies, tell them things you like, let them talk about there life, what are some things you both like, and what you guys like to do
Explanation:
Answer:
12.95%
Explanation:
Expected return of portfolio (rP) = wX*rX + wY*rY +wZ*rZ
wX= weight of X =25% or 0.25 as a decimal
rX = return of X = 10% or 0.10 " "
wY = weight of Y =40% or 0.40 " "
rY = return of Y = 13% or 0.13 " "
wZ = weight of Z = 35% or 0.35 " "
rZ = return of Z = 15% or 0.15 " "
Next, plug in the numbers to the above formula;
(rP) = (0.25*0.10) +(0.40*0.13) +(0.35 * 0.15)
= 0.025 + 0.052 + 0.0525
= 0.1295
Therefore expected return of portfolio = 12.95%