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nata0808 [166]
2 years ago
6

Variable costs for Coronado Industries are 30% of sales. Its selling price is $120 per unit. If Coronado sells one unit more tha

n break-even units, how much will profit increase?a. $84 b. $36 c. $72 d. $400
Business
1 answer:
nika2105 [10]2 years ago
8 0

Answer:

Income will increase by $84.

Explanation:

<u>The break-even point is the number of units required to cover the fixed costs. Net income is zero.</u>

First, we need to calculate the unitary variable cost:

Unitary variable cost= 120*0.3= $36

<u>Now, the unitary contribution margin:</u>

unitary contribution margin= 120 - 36

unitary contribution margin= $84

Income will increase by $84.

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The Hoover Dam backs up the Colorado River and creates Lake Mead, which is approximately 115 miles long and has a surface area o
kvv77 [185]

Answer:

0.403ft/day

Explanation:

Area = 250 miles = 250 × 5280^2= 6.9696e9 ft

Rise per sec = (Flow in - Flow out)/Area of lake = (40,000 - 7,500)/(6.9696e9) = 4.663e-6ft/s

Therefore in 24 hours = 4.663e-6 × 3600 × 24 = 0.403ft/day

4 0
2 years ago
Last year, Nikkola Company had net sales of $2,299,500,000 and cost of goods sold of $1,755,000,000. Nikkola had the following b
viktelen [127]

Answer:

Average receivables = $157,500,000

Explanation:

<em>Account receivable represent the amount of credit made by a business which remain uncollected as at the reporting date. In other words, they represent the amount that customers are owing the business in respect of credit sales.</em>

Average account receivables

=(opening balance + closing balance)/2

=( $142,650,000 + $172,350,000)/2

= 157,500,000.

6 0
3 years ago
Vivi Corporation had net income of $401,000 in 2015. The company's Common Stock account balance all year long was $267,000 ($10
ser-zykov [4K]

Answer:

Explanation:

Earning per share =   Net income/ Total Stock

Earning per share =    401000/26700

Earning per share =    15.019

Price earning        =  price per share/EPS

Price earning        =  33.5/15.019

Price earning        = 2.23

6 0
3 years ago
Your financial planner offers you two different investment plans. Plan X is a $14,000 annual perpetuity. Plan Y is an annuity la
Sonbull [250]

Answer:

At 9.70% discount rate would you be indifferent between these two plans.

Explanation:

Present Value of Perpetuity = P/r

Present Value of Annuity = P/r[1 - (1 + r)^-n]

$14,000/r = $20,000. /r[1 - (1 + r)^-13]

(1 + r)^-13 = 1 - $14,000/$20,000.

(1 + r)^13 = 10/3

r = 9.70%

Therefore, at 9.70% discount rate would you be indifferent between these two plans.

7 0
3 years ago
some organizations have platforms that allow employees to provide an anonymous feedback about the organ Behavior colleagues and
cestrela7 [59]

The platforms that gives an employees an opportunity to provide an anonymous feedback about the colleagues behavior is known as  <u>whistleblowing platform</u><u>.</u>

<h3>What is whistle-blowing?</h3>

In a formal setting, a whistle-blow refers to a platform that allows people to tell authorities that the some people or group one is working for are doing something immoral or illegal.

In conclusion, this platform ensures a protection of whistle-blower nevertheless.

Read more about whistle-blower

<em>brainly.com/question/21126941</em>

3 0
2 years ago
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