Answer: The answer is $27.25
Explanation:
Let x be the price Sweet dreams will charge to earn the profit of $75,000
New sales units = 20,000
New variable cost = $19
We know, Sales - Variable cost - Fixed cost = Profit
Now applying the equation,
20,000x - (20,000*19) - 90,000 = $75000
20,000x = $75,000 + 380,000 + 90,000
therefore, x = $27.25
So, Sweet Dreams will charge $27.25 to earn the same profit it is earning now i.e. $75000 per year.
Answer:
$4,373
Explanation:
we will check lower of cost or market for individual items:
Minolta :
= Market value per unit × No. of units
= 158 × 5
= $790
Canon :
= Cost per unit × No. of units
= 145 x 7
= $1,015
Vivitar:
= Market value per unit × No. of units
= 114 x 12
= $1,368
Kodak:
= Cost per unit × No. of units
= 120 x 10
= $1,200
Total amount should be reported on Brik Camera Shop's financial statements:
= $790 + $1,015 + $1,368 + $1,200
= $4,373
A loan is usually gotten from a financial institution to solve a financial emergency which was unplanned for.
<h3>What is a Loan?</h3>
This refers to the obtaining of money from a financial institution and a formal agreement is made for the repayment of the money after a given period of time and with interest.
With this in mind, we can see that loan proceeds can be used to:
- Buy a house
- Go on a trip, etc
Please note that your question is incomplete so I gave you a general overview to help you get better understanding of the concept.
Read more about loans ere:
brainly.com/question/25239160
Answer:
Explanation:
The money spent on domestically produced final goods and services: is equal to GDP.
<u>Gross domestic product, or GDP, is the total value of all final goods and services produced in the economy during a given year. </u>
GDP is used as a measure of the size of an economy and can also be used to compare the economic performance in other countries.
