<u>Given:</u>
Consumer price index in 1991 = 136.2
Consumer price index in 2017 = 244
One billion dollar in numbers = 1,000,000
<u>To find:</u>
Money required in 2017 to have the same amount of real purchasing power that they did in 1991.
<u>Solution:</u>
Assuming 1991 as base year and 2017 as target year,
The purchasing power during 1991-2017 is
<u>Result:</u>
In 2017, The Barenaked Ladies need 
to have the same amount of real purchasing power that they did in 1991.
Answer:
$140
450
Explanation:
unit contribution margin = price - Unit
Variable costs = $468 - $328 = $140
Breakeven point is the number of units produced and sold at which net income is equal to zero.
Q = F / P - V
$63,000 / 140 = 450
I hope my answer helps you
Answer:
$11,400 and $27,600
Explanation:
The computation of the dividend distributed are as follows
Given that
6% noncumulative, nonparticipating, preferred stock = $190,000.
Common stock outstanding = $590,000.
In the first year, no dividend paid by the company.
The preferred stock is noncumulative that means no dividend will be a carryover.
Second year dividend paid by company = $39,000
Now based on the given information, the dividend distributed are as follows
For preffered stock
= $190,000 × 6%
= $11,400
And for common stock
= $39,000 - $11,400
= $27,600
This is the correct answer but the same is not provided in the given options
First we have to paid preferred stockholders and then equity stockholders
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
A concrete and rock crusher for demolition work has been purchased for $50,000, and it has an estimated SV of $10,000 at the end of its five-year life.
Annual depreciation= [(original cost - salvage value)/useful life of production in units]*units produced
Book value= Original cost - accumulated depreciation
The answer is most like a Market Economy
