Answer:
$66,667
Explanation:
Contribution margin = Sales Revenue - Variable cost = 240000-60000 = 180000
Percentage of contribution margin = Contribution margin / sales revenue = 180000 / 240000 = 75%
Breakevent point in total sales = Fixed costs / Percentage of contribution margin
= 50000/0.75 = $66,667
I would say the goal of a healthy economy is to have zero unemployment because that would mean that all able bodied men and women were gainfully employed which would enable them to contribute to the economy by producing wealth plus also consuming goods for their social reproduction with the resulting two-fold benefit to the economy.
Answer:
Aug 2 2013 Notes Receivable 6000 Dr
Accounts Receivable 6000 Cr
Oct 31 2013 Interest Receivable 180 Dr
Interest Revenue 180 Cr
Oct 31 2013 Cash 6180 Dr
Notes Receivable 6000 Cr
Interest Receivable 180 Cr
Explanation:
When the note is received, the customer account will be closed and accounts receivable will be credited while a new asset of notes receivable will be created and notes receivable is debited.
The interest on notes receivable is calculated assuming a 360 day year and the 12% is annual interest rate.
The interest on note is 6000 * 0.12 * 90/360 = $180
The interest is income so wull be credited while as it is receivable, the interest receivable will be debited.
On 31 October when the note is honored and cash is received, it will be total of principal + interest so cash = 6000 + 180 = 6180
As a result, the assets notes and interest receivables will be closed and credited against cash.
Answer:
Some environmentalists believe the allowances give firms a license to pollute.
Explanation:
It is very easy "to buy a permission" to pollute instead of change the cause of this pollution.
Answer:
like what key words the key words I know are she he I him her your you are yours us we names they them themselves and I think that's it
