Answer:
The number of units sold in 2016 is 12,058 units
Explanation:
The number of units sold in the year 2016 is simply the total revenue in 2016 divided by selling price per unit.
Total revenue =net income+total variable cost+total fixed cost
net income for 2016 is $152,800
assuming X units were sold
total variable cost =$92*X
fIxed cost =$570,700
total revenue=$152*X
152X=152800+92X+570700
152X-92X=152800+570700
60X =723500
X =723500
/60
X=12058.33
Alternatively, the number of units sold is total contribution divided by contribution per unit
The cost to produce today = 74000
At a discount of 12%, the future value of costs in 5 years = PV*(1+r)^n where PV = 74000, r= 12% = 0.12 and n = 5 years = 5
The value of costs in 5 years = 74000*(1+0.12)^5
The value of costs in 5 years = 74000*1.12^5
The value of costs in 5 years 130,413.28
Price in 5 years = 138,000
Profit = 138,000-130,413.28 = 7,586.72
The profit the firm will make on this asset (considering time value of money) = $7,586.72
The correct answer for the question that is being presented above is this one: "Breakeven analysis."Breakeven analysis is the method used to determine the number of units a firm must sell at a specific price to cover all costs. It also refers to method that is <span>used to determine when your business will be able to cover all its expenses and begin to make a profit. </span>
Answer:
A lot of the times it's because they like teaching. They enjoy it, and they enjoy being around kids.
Answer:
$205,000
Explanation:
We know that
The ending balance of retained earnings = Opening balance of retained earnings + net income earned - dividend paid
= $145,000 + $90,000 - $30,000
= $205,000
By considering the above formula, we can easily find out the ending balance of retained earnings by taking opening balance, net income and dividend amount
