Answer:
$2,666
Explanation:
Given that:
- Current ask price: $4.30
- Bid quotes $4.27
- Market buy order: 620 shares
So, the cost to buy these shares:
Number market buy order * Current ask price/share
= 620*$4.30
= $2,666
Hope it will find you well.
Answer:
Break-even point in units= 300,000 units
Explanation:
Giving the following information:
Desired profit= $100,000
Selling price per unit= $9
Unit variable cost= $8
The total fixed costs are $200,000
<u>To calculate the number of units to be sold, we need to use the break-even point in units formula:</u>
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (200,000 + 100,000) / (9 - 8)
Break-even point in units= 300,000 units
Answer:
$6,600
Explanation:
The units-of-production depreciation expense = (miles driven in year 2 / total estimated miles) × (cost of asset - Salvage value)
(20,000 / 100,000) x ($41,000 - $8,000)
0.2 x $33,000 = $6,600
I hope my answer helps you
Answer: Option A
Explanation: Determine priorities and set realistic goals
