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Variable cost in New Shoes is the unit cost of the product. Fixed costs are the marketing expenses for a region along with the allocated product development expense. With a variable cost of $40 and fixed expenses of $3,000,000, the break-even price for 100,000 units would be: Breakeven price = [($3,000,000/100,000) + $40] = [$30 + $40] = $70 Using the fixed expenses and projected unit sales from the example, what would the break even price be if unit cost is $35? Break-even price = If the break-even price is $70, and your target return on sales is 15%, what is the selling price? Selling price =
Suppose a company selling stock for the first time decides that the maximum number of shares that can ever be sold is 44,000. Of that amount, 22,000 shares are sold to the public. After the initial sale, 17,600 shares were reacquired by the company. ..
write a five-to seven-page financial statement analysis of a public corporation formatted according to apa style as
One would like to minimize the weekly payroll (one can assume that each employee works 8 hours per day). Illustrate what is the optimal solution to this problem?
On January 1, 2015, the first day of its fiscal year, the city of Carter received notification that a federal grant in the a month of $650,000 was approved. Teh grant was restricted for the payment of wages for teenagers for summer employment. The te..
What are the two basic requirements of an internal control system? - Explain what separation of record-keeping from control of assets means and why you would use it.
Sharp and Townson had capital balances of $60,000 and $120,000, respectively on January 1 of the current year. On May 8, Sharp invested an additional $10,000 in the partnership. During the year, Sharp and Townson withdrew $25,000 and $45,000, respect..
Effects of adjustments A bookkeeper prepared the year-end financial statements of Giftwrap, Inc. Calculate the amounts of net income and retained earnings after the preceding adjustments are recorded.
Clothing Frontiers began operations on January 1 and engages in the following transactions during the year related to stockholders' equity. Record the transactions, assuming Clothing Frontiers has no-par common stock.
The Kitakyushu, Japan, plant of Nissan Motor Corporation assembles two types of cars (Teanas and Muranos). Separate assembly lines are used for each type of car. Direct or indirect (D or I) costs for the total number of Teanas assembled. Variable or ..
On September 1, Ziegler Corporation had 56,000 shares of $5 par value common stock, and $168,000 of retained earnings. On that date, when the market price of the stock is $15 per share,
classic irons inc. purchased manufacturing equipment with an expected useful life of five years or 5000 hours of usage.
problem 1. you sell a machine for 600000. you allow the client to pay 13 at the time of the sale and 13 at the end of
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