Answer:
$570,600
Explanation:
The formula for calculating break-even is:
Fixed Cost / Contribution per unit
The contribution per unit is calculated as, Sales - Variable cost.
Hence the break-even is,
399420 / 112 = 3566.25,
To get this in monthly dollar sales:
3566.25 * 160 = $570600.
Hope this Helps,
Good Luck.
Answer:
130, 150
Explanation:
Here, in the question the graph is missing. So, in the attachment the graph is attached.
Equilibrium is the state or condition, where there is balance or stable situation, which means that the opposing forces cancel each other force out and no changes or variations happen or occur.
In short, it is defined as the state where the quantity demanded is equal to the quantity supplied, where there is no loss to the business.
From the graph, we could analyze that the new equilibrium price is 130 and at this price, the new equilibrium quantity is 150.
Answer:
Truth in advertising laws
Explanation:
Because of the Truth in advertising laws, this law requires that you don't bend the truth and to speak honestly about your products, in order to prevent potential harm. What I mean is that you can't say that eating your company's tires will cure cancer without any evidence to support this, because if people were to do that, they could actually form cancer or even die. The federal law says that companies and their ads must be truthful and not misleading.
Answer:
b. Pay utility costs. Purchase equipment to be used in operations
Only . Purchase equipment to be used in operations
Explanation:
Investing activities are the second main category of net cash activities listed on the statement of cash flows and consist of buying and selling long-term assets and other investments. In other words, this is the net amount of cash received and paid during an accounting period for long-term assets and investments. You can think of these activities like the money a company uses to invest in itself or the money it makes from its investments.
Answer:
The correct answer is b. The letter of intent is an invitation to negotiate, which is not an offer.
Explanation:
The letter of intent is a document that is written as a pre-agreement between two people or two entities that have the commitment and the intention to proceed further and formalize a contract. They resemble a contract, but unlike these, it is not binding.
We may think that the fact that the letter of intent is not binding makes it lose its value or its usefulness as a practical tool. But the reality is that it serves as proof of will, and such proof may be sufficient proof for other clients or other participants to decide to withdraw.
In addition, the letter of intent itself implies the existence of a negotiation, where those easier questions usually appear, by mutual agreement. Leaving for the real contract, those more complex issues that require more negotiation.