Answer:
offering a wide range of products
Explanation:
Answer:
First year depreciation expense is $2,250
Explanation:
Total depreciation expense is given by:
Price - Salvage Value = 40,000 - 4,000 = 36,000
That $36,000 depreciation expense would be spread out for 200,000 miles.
So for the first year in which the truck is used 12,500 miles, the depreciation expense will be
Question answered.
Note:
The broker should refuse to release the earnest money even after the seller requested the earnest money prior to the property inspection.
<h3>What is earnest money?</h3>
Earnest money refers to the deposit paid by a buyer to a seller, reflecting the good faith of a buyer in purchasing a home.
It is the money paid to a merchant or seller to complete a contract or money paid to a merchant / seller to show good faith in the transaction.
Hence, the broker should refuse to release the earnest money even after the seller requested the earnest money prior to the property inspection.
Learn more about earnest money here : brainly.com/question/14342438
Answer:
$531,000
Explanation:
For determining the contribution margin ratio, first we have the contribution margin per unit which is shown below:
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $85 - $17
= $68
And, Contribution margin ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100
So, the Contribution margin ratio is
= ($68) ÷ (85) × 100
= 80%
Now the break even point in sales dollars is
= $428,400 ÷ 80%
= $531,000
We simply applied the formulas
