Answer:
$79,194
Explanation:
The computation is shown below:
Break-even EBIT
(EBIT) ÷ (Number of shares) = (EBIT - Interest) ÷ Number of shares
(EBIT) ÷ (49,250) = (EBIT - $30,150) ÷ 30,500
If we cross multiplied each other, so
30500 × EBIT = 49,250 × EBIT - 1,484,887,500
After solving this,
The EBIT would be $79,194
The interest is come
= $335,000 × 9%
= $30,150
Answer:
Explanation: current assets are assets other than fixed asset that a company uses in its day to day operations and are noted in the Balanced sheet of an organisation and they include:
Cash, Account receivable, Inventory, Supplies.
From the above question, the current asset of Buffalo Industries is stated below:
Balanced Sheet (extract)
Current assets :
Cash $97,340
Merchandise inventory $167,950
Supplies. $12,560
Total current asset. $277,850
Answer:
The correct answer would be option A, $125800.
Explanation:
Cost of goods manufactured= Total costs + beginning work in process - Ending work in process
Total costs include Direct Materials, Direct labor and Factory Overheads. So the Above formula can be written as:
CGM = (Direct materials + Direct Labor + Factory overhead) + Beginning WIP - Ending WIP
Now
Direct Materials = Beginning raw materials + Purchased Raw Materials - Ending Raw materials
= 15200+60000-16600= 58600
Now Direct labor given is = 42800
And Factory Overheads = 30000
So,
Total costs= direct materials + Direct Labor + Factory Overhead
Total Costs= 58600 + 42800 + 30000
= 131400
Beginning work in process = 22400
Ending work in process = 28000
NOW Costs of Goods Manufactured/CGM = Total Cost + Beginning WIP -Ending WIP
= 131400+22400-28000
=$125800
Answer:
Option C. $480,000
Explanation:
The reason is that the consideration (Services of memberships which has monetary value) of the contract to deliver the subscribers has been delivered by the Pemco Enterprise which was active their member account and let them enjoy the services which they provide so the sales would be the amount that the company is legally entitled to receive after delivering the consideration of the contract and is $480,000 ($260 * 2000 memberships).
Answer:
The correct option is D) reduce test scores by 4.56 for every school district.
Explanation:
Based on the information in the question, the relationship between test scores and the student-teacher ratio can be mathematically written as follows:
x = 698.9 - 2.28y .................... (1)
Where,
x = test scores
y = student-teacher ratio
The a slope of (-2.28) indicates the amount by which x will change whenever there is a change in y.
Therefore, when there is a decrease in the student teacher ratio by 2 (i.e. y = 2), we will have:
Change in x = -2.28 * 2 = -4.56
The negative sign therefore indicate that the test scores will reduce by 4.56 for every school district. Therefore, the correct option is D) reduce test scores by 4.56 for every school district.
