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Dmitrij [34]
3 years ago
12

Data concerning Farm Corporation's single product appear below: Selling price per unit $ 170.00 Variable expense per unit $ 66.3

0 Fixed expense per month $ 127,490 The break-even in monthly dollar sales is closest to:
Business
1 answer:
belka [17]3 years ago
8 0

Answer:

1229.4

Explanation:

Breakeven quantity are the number of  units produced and sold at which net income is zero

Breakeven quantity = fixed cost / price – variable cost per unit

$ 127,490 / ( $ 170 -  $ 66.30) = 1229.4

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The following inventory information was taken from the records of Kleinfeld Inc.: Historical cost $12,000 Replacement cost $7,00
Alisiya [41]

Answer:

Inventory should be increased by $3,500

Explanation:

Calculation for What adjustment to inventory should be made under IAS 2 after this event

Adjustment to inventory under IAS 2= 13,000 - 9,000- 500

Adjustment to inventory under IAS 2 = $3,500 Increased

Based on the above calculation the adjustment to inventory that should be made under IAS 2 after this event is that Inventory should be increased by $3,500.

8 0
3 years ago
Assume Intervale Railway is considering investing in Pale Co. stock for three months. The investment will represent​ 5% of the v
Ilya [14]

No significant interest equity investment

<h3><u>Explanation:</u></h3>

A technique used in accounting by a firm for the purpose of recording the profits that are obtained from its investments made on other company refers to an equity method. This investment is an equity investment. The profits that are obtained for the investments made by a firm is reported by the company to the firm that made the investment.

In the scenario given, Intervale Railway y is considering investing in Pale Co. stock for three months which is only 5% of the  voting stock of Pale Co. For considering it to be a significant investor, more than 20% and less than 50% of the voting stock must be held by the firm. The firm is holding 5% of the voting stock and hence the investment is considered to be No significant interest equity investment.

8 0
4 years ago
You are considering purchasing a house in Collin County that costs $350,000. You are debating whether to finance the house for 1
Dennis_Churaev [7]

Answer:

d

Explanation:

i believe this should be correct

8 0
3 years ago
Assume that over the past 88 years, u. S. Treasury bills had an average return of 3. 5 percent as compared to 6. 1 percent on lo
zheka24 [161]

The average nominal risk premium on the long-term government bonds was 2.6 percent.

A risk premium is the expected investment return on an asset that is higher than the risk-free rate of return. The risk premium on an asset is a form of compensation for investors. It compensates investors for tolerating the additional risk in a given investment over that of a risk-free asset. Subtracting the return on risk-free investment from the return on investment yields the risk premium.

The nominal risk premium is:

Nominal Risk-Free Rate - Inflation Premium = Real Risk-Free Rate. Nominal rates are the rates we encounter on a daily basis, such as interest rates from banks and other financial institutions.

Nominal risk premium = 6.1 % -3.5 %

= 2.6%.

Learn more about risk premium here-

brainly.com/question/15570868

#SPJ4

8 0
2 years ago
Nursing home kitchens, corporate employee lunchrooms, and state park concession stands are all examples of? A. noncommercial foo
Basile [38]

Answer:

D

Explanation:

D because you have to keep up with demand

3 0
4 years ago
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