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grin007 [14]
3 years ago
8

Bristol Company's contribution margin income statement is presented below. Sales for the current period consisted of 7,500 units

. Compute the company's break-even point in (a) units, and (b) dollars Compute the margin of safety in (c) dollars and (d) percent. Bristol Company Contribution Margin Income Statement $225,000 Sales Variable costs Contribution margin Fixed costs Net income 90,000
Business
1 answer:
avanturin [10]3 years ago
5 0

Answer and Explanation:

The computation is shown below:

The Selling price per unit = $225,000 ÷ 7500 = $30

ANd,  

Variable cost per unit = $135,000 ÷ 7500 = $18

a) Breakeven point = Fixed cost ÷ Contribution margin per unit

= $48,000 ÷ ($30 - $18)

= 4000 units

b) Breakeven dollars = Breakeven point × selling price per unit

= 4000 × 30

= $120,000

C) Margin of Safety in dollars = Sales Revenue - Breakeven dollars

= $225,000 - $120,000

= $105,000

d) Margin of Safety in percent

= $105,000 ÷ $225,000

= 46.67%

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Answer:

All of them:

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Anyone that works in finance must understand the investment environment, since the core task of finance is dealing with the value of money and time.

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Barry Cuda is considering the purchase of the following Builtrite bond: $1000 par, 3 1/4% coupon rate, 10 year maturity that is
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Answer:

Yield to Maturity = 3.97%

Explanation:

<em>The yield to maturity is the discount rate that equates the price of the bond to the present value of its future cash flow receivable from it.</em>

The yield on the bond can be determined as follows using the formula below:  

YM = C + F-P/n) ÷ 1/2 (F+P)  

YM-Yield to maturity-  

C- annual coupon  

F- Face Value  

P- Current Price  

DATA  

Coupon = coupon rate × Nominal value = 1,000 × 3 1/4%=  32.5

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YM-?, C- 32.5, Face Value - 1,000, P-940  

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4 years ago
Which of the following influences quantity demanded and varies moving along a demand curve?
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The price of the good impact the quantity demanded and changes when the demand curve moves.

The following information should be considered:

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Therefore all other options are incorrect.

Hence, we can conclude that the price of the good impact the quantity demanded and changes when the demand curve moves.

Learn more about the demand curve here: brainly.com/question/21220153

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3 years ago
Which of the following statements about torts is correct?
swat32

Hello There!

Your answer would be <u>C). A tortious act may also be a criminal act.</u>

The reason why C would be your answer is because a tortious act is something that harms someone in any way. The reason why it "may" be a criminal act is because determine if the tortious act is a criminal act really depends on the scenario that is occurring. For example, someone could cause a tortious act in a way of self defense, this scenario would be debatable because the person that committed the tortious act had a valid reason in doing so, and that was protecting themselves. But, if a person was to cause a tortious act by  hurting someone to steal from them, then that would definitely be a criminal act because they are performing dangerous things to someone else, and the person could file a lawsuit against it.

Let's dive into why the other answer choices are incorrect. We can use the old fashion process of elimination:

Answer choice "A). A tortious act is always a criminal act" is incorrect because it is not always a criminal act, it depends on the scenario it's in. This is the reason why this answer choice would be eliminated.

Answer choice "B). A criminal act is always a tortious act" is incorrect because there are MANY criminal acts that doesn't harm anyone, for example, tax evasion (not paying taxes) is a criminal act, but does not cause any harm to anyone. This is the reason why this answer choice would be eliminated.

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