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Question - Chan had considered spending an additional £14,400 on marketing in 2020. He predicted that such an additional investment would have increased the sales and production volume in the year to 138,000 units at a better selling price of £3.68. He also predicted there would have been no other changes to his fixed costs for the year nor any changes to the variable cost per unit.
i. If his predictions had proved correct, what would have been his new profit for the year?
ii. If his predictions had proved correct, what would have been his new breakeven point, in units, for the year?
You spend $300 on a holiday using your credit card, your parents give you a gift of $500. Calculate the overall effect of these three events on your PROFIT
Jas Carillo was discussing summer employment with Maria Perez, Why does Maria Perez want to conduct business transactions using cash (not check or credit card)
What are the relevant cash flows associated with rehabilitating the Conway? Be as specific as possible and identify the categories to which each cash flow belongs (i.e., Initial Outlay, Terminal, Operating).
laudermilk produces dairy equipment. most of its jobs have a number of units per job. the company has two different
the converting department of forever fresh towel and tissue company had 840 units in work in process at the beginning
Compared to the FIFO method, does the LIFO method of costing inventories result. What is the comparative effect on net income in a period of falling prices?
Calculating returns. You bought a share of 5.5 % preferred stock for $92.18 last year. The market price for your stock is now $94.17. What is your total return for last year?
Determine the amount of gain or loss that would be recognized under IFRS. Prepare the related journal entry.
What is the opportunity cost of interest forgone from purchasing all 204,000 units at the start of the year instead of 12 monthly purchases of 17,000 units per order?
Chocolate Co. reports the following information from its sales budget. Find the total amount of cash expected to be received from customers in September
You deposited P1,000 in a savings account that pays 8% interest, 2 points compounded quarterly, How much money will you receive
Calculate the beta and expected return of the portfolio. Jack strongly believes that the stock market would fall in the next one year.
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