Answer:
Break-even point in units= 300,000 units
Explanation:
Giving the following information:
Desired profit= $100,000
Selling price per unit= $9
Unit variable cost= $8
The total fixed costs are $200,000
<u>To calculate the number of units to be sold, we need to use the break-even point in units formula:</u>
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (200,000 + 100,000) / (9 - 8)
Break-even point in units= 300,000 units
Accounting clerkAn accounting worker who processes routine details about accounting transactions.hope this helps
Answer:
see below
Explanation:
Two employees with the same gross pay will have different net pay because of differences in deductions. Net pay is the amount that reflects in the employee's bank account after all deductions. Involuntary deductions are mandatory and comprise statutory deductions such as social security, medicare, taxes, or others prescribed by the state or the courts. To a large extent, employees with similar gross pay will have the same statutory deductions.
Voluntary deductions are employee-initiated. They include mortgages, retirement plans, medical, life assurance, dental, and general insurance. These deductions are not uniform. Each employee will have a different amount deducted depending on their preferences. Voluntary deductions contribute significantly to two employees with the same gross pay to have different net pay.
The most widely used method of job analysis for determining the duties and responsibilities of a job is the <span>interview method.
Interview method involves direct interaction between employers and the applicants. It allows the employers to gauge applicant's personality and interest in the job</span>
Braam fire prevention corp. has a profit margin of 9.70 percent, total asset turnover of 1.52, and roe of 18.58 percent. The firm's debt-equity ratio will be 0.91.
<h3>
What is debt- equity ratio?</h3>
A phrase used in accounting to describe the capital structure of a company is the debt-equity ratio. This ratio is computed specifically by dividing a company's total debt by its entire equity.
<h3>monetary ratios</h3>
- Financial ratios are measurements that analysts use to assess business performance and to compare those ratios with other companies in the same industry. They are evaluated according to the firm's financial statements.
- The liquidity ratios, solvency ratios, profitability ratios, and market outlook ratios are the common classes into which the financial ratios can be divided. Each lesson will highlight a different aspect of the company.
- Before performing their analysis, analysts should, however, evaluate the completeness and transparency of the provided financial statements. The financial statements could be manipulated by some internal investors for personal gain.
ROE = profit margin × asset turnover × equity multiplier
18.58% = 9.70% × 1.52 × equity multiplier
equity multiplier = 1.91
Then debt-equity ratio is calculated as:
debt-equity ratio = equity multiplier - 1
debt-equity ratio = 1.91 - 1
debt-equity ratio = 0.91
To learn more about equity ratio from given link
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