Answer:
b. contribution margin equals fixed costs
e. has a profit of $0.
Explanation:
The break even point is the point in which the firm has no profit and no loss situation. When it meets we called as break even point.
So, the break even point is the point at which the profit is zero plus the contribution margin equals to the fixed cost i.e means
Contribution margin = Fixed cost
Sales - variable cost = Fixed cost
If both are equal so it seems the profit is zero
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Answer:
AdCreate billed Anchor Motors $529,412 for the third quarter in 2010
Explanation:
The advertizing company usually takes a 15% commision
Which means from the total amount billed to customer 15% ar commision which means:
money paid to media + 15% comission of the billed amount= total amount billed
450,000 + 0.15X = X
Now, we try to solve for X and get the amount billed to anchor motors.
X = 450,000/.85 =<em> 529.411,76</em>
Answer:
Present Value = Future Value / ( 1 + interest rate) ^ years
1. Present Value = 15,251 / ( 1 + 7%)¹³
= $6,328.62
2. Present value = 49,557 / (1 + 13%)⁴
= $30,394.24
3. Present value = 884,073 / ( 1 + 14%)²⁹
= $19,780.96
4. Present Value = 548,164 / (1 + 9%)⁴⁰
= $17,452.22
