Answer:
break even point in units = 2,667
break even point in $ = $33,338
Explanation:
The break even point marks the point where a company is able to cover all its expenses. At this point the company is not losing money, but it is not making a profit either.
break even point in units = total fixed costs / contribution margin
- total fixed costs = $10,000
- contribution margin = $12.50 - ($4 + $4.75) = $12.50 - $8.75 = $3.75
break even point in units = $10,000 / $3.75 = 2,666.67 ≈ 2,667 units
break even point in $ = 2,667 units x $12.50 per unit = $33,337.50 ≈ $33,338
Answer: b. gives the firm a built-in market for new securities.
Explanation:
Rights offering are issued by companies when such companies wants to generate additional capital. This may be necessary when such company wants to meet its financial obligations and therefore need extra capital.
A rights offering gives the firm a built-in market for new securities as the security holder are already aware of the company and just buys additional securities.
Answer:
C. Entrepreneurs aren’t exposed to any risk when starting a new business.
Explanation:
Entrepreneurs are the person who starts their own business and took a financial risk from the start. Entrepreneurs manage the activities on their own, develop new ideas. and create the team for the benefit of the organization
Therefore, Entrepreneur exposed to the financial risk while starting their own business
hence, the correct option is C.
Answer:
The standard deviation of 75 dollars
Explanation:
Standard deviation, S.D.= 75 dollars; Mean, M= 225 dollars; Mean deviation, D= ?
S.D. = √ D² - M
∴ 75 = √ D² - 225
D² = 75² - 225 = 5625 + 225 = 5950
∴ D = √5950 = 24.4 dollars
From the above, it shows that, the standard deviation of 75 dollars contains the middle 95 percent of hourly sales.
Answer:
The number of Gallon materials Howell company should buy is 166000 Gallons
Explanation:
Finished goods
opening inventory 11000
produced
closing inventory 13000
finished goods sold 42000
using the bottom up approach to get goods produced
sold goods + closing goods - opening goods = produced =44000 goods
Direct material ( Gallons)
opening materials 66000
purchased 166000
available for use 232000
used in production 176000
closing gallons 56000
We use the bottom up approach to get the materials to be purchased
closing stock plus used in production to get available for use then subtract opening material to get purchased = 166000
