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2 years ago

Piedmont Company segments its business into two regions - North and South.

Business

1 answer:

Anna35 [415]2 years ago

5 0

Answer:

1. Company-wide break-even point in dollar sales:

Break even point in dollar sales = (Traceable fixed expenses + Common fixed expenses) / Contribution margin %

Contribution margin % = Contribution margin / Sales revenue * 100%

= 240,000 / 800,000 * 100%

= 30%

Break even point in dollar sales :

= (122,000 + 52,000) / 30%

= $580,000

2. Break-even point in dollar sales for the North region.

Break even point in dollar sales = Traceable fixed costs / Contribution margin %

Contribution margin % = Contribution margin / Sales revenue * 100%

= 120,000 / 600,000 * 100%

= 20%

Break even point in dollar sales :

= 61,000 / 20%

= $305,000

3. Break-even point in dollar sales for the South region.

Break even point in dollar sales = Traceable fixed costs / Contribution margin %

Contribution margin % = Contribution margin / Sales revenue * 100%

= 120,000 / 200,000 * 100%

= 60%

Break even point in dollar sales :

= 61,000 / 60%

= $101,666.67

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Answer:

$93,725,580.00

Explanation:

The market price of the bond is the present value of annual coupon payment plus the present value of face amount receivable at the end of the bond tenure.

Annual coupon interest=face amount*stated rate=$107,000,000*6%=$6,420,000.00

Face amount=$107,000,000

The discount factor for annual coupon is the present of 30 years annuity(2048-2018) at 7% market rate, which is 12.4090

The discount factor for the face value is 0.1314

Price of the bond=($6,420,000.00*12.4090)+($107,000,000*0.1314)=$93,725,580.00

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3 years ago

Read the following descriptions and identify the type of risk or term being described:

vagabundo [1.1K]

Answer:

Foreign exchange risk

Explanation:

These are the risks that an international financial transaction could accrue because of fluctuations in the currency.

A standard measure of the risk per unit of return and this type of risk relates to fluctuations in exchange rates.

Therefore, according to the following descriptions, the type of risk or term being described is Foreign exchange risk.

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3 years ago

Please help it’s a final

jok3333 [9.3K]

Answer:

the last one. its the only one that makes the most sense

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3 years ago

On January 1, Jim Shorts Corporation issued $300 million face value bonds for $580 million. During the same year, $1,500,000 of

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Answer: a deduction from net income of $1,500,000.

Explanation:

Based on the statements provided in the question, it should be noted that Jim Shorts Corporation should report a deduction from net income of $1,500,000 on the statement of cash flows prepared by the indirect method.

It should be noted that the caah flow statement would start the accrual basis of the net income under an indirect method of the cash flow and then, all the non-cash items would either be added or subtracted in order for the reconciliation of account.

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3 years ago

Charleston, Inc. has Accounts Receivable of $320,000 and an Allowance for Doubtful Accounts of $16,000. If it writes-off a custo

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Answer:

$304,000

Explanation:

Please see attachment

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3 years ago