Answer:
4000 Units
Explanation:
x = number of units made and sold
C(x) = cost
C(x) = 18.50x+18000
R(x) = revenue
R(x) = 23x
Breakeven point occurs when the cost and revenue are the same, which produces a profit of 0 dollars.
R(x) = C(x)
23x = 18.50x+18000
23x-18.50x = 18000
4.50x = 18000
x = 18000/(4.50)
x = 4000
Answer:
1. Her return on investment is 20%
2. $40,000
Explanation:
1. We have Return on Investment = Net income from the Investment / The invested amount.
The net income is clearly stated in the Question which is the after-tax profit at $20,000.
The invested amount of Amelia is the amount she invested in Goodies Gift Shop which is illustrated as net worth ( owner's equity) at $100,000 in the Balance Sheet (Year 2).
As we have Return on Investment = 20,000/100,000 = 20%
2. We have the projected pre-tax profit = Projected margin - total overhead = 250K - 200K = $50,000
The after-tax profit = pre-tax profit x (1- tax rate) = 50K x (1-20%) = $40,000
Answer:
Explanation:
An import restriction as the term implies is done to limit the amount of a certain good that is imported into the country. Usually this is done to protect the domestic producers of the good in question who are not be as efficient as the country being imported from and so charge higher prices.
The people in the economy will experience a net loss in welfare because they will now be paying higher prices and as well will be transferring some of their income to their government because import restrictions like tariffs will see their costs passed on to the consumer.
Do you have answer choices?
beacause there are multiple sites out there :)
The answer is B. Hope this helps.
