dollars is: Fixed Costs = 96000/0.6 = $160‚000 Contribution Margin Ratio 2. Calculate the number of units Northenscold’s must sell each year to break even. FC/CM 96000/12 =8000units 3. Calculate the number of units Northenscold’s must sell to yield a profit of $144‚000. (FC+ Profits)/CM = 96000+144000/12 = 20000 units 2. Berhannan’s Cellular sells phones for $100. The unit variable cost per phone is $50 plus a selling commission
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This work ACC 407 Week 3 Assignment comprises: Consolidation Problems Business - Accounting Consolidation Problems. Complete P5-38 As part of your homework submission‚ be sure to show your work not just the final answer. Partial credit is awarded for your effort as well as accuracy. Showing your work demonstrates your understanding of the concept even if the final answer is incorrect. Make sure you schedule dedicated study time every day. Even though you may find other things
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Situational Analysis: In the current case study presented‚ the controversial issue of online gambling is examined. As evident from the text‚ online gambling is one of the fastest growing online businesses in Canada‚ in which Canadians spend close to a billion dollars annually funding this notorious business. The industry of gambling is continually rising as an economic booster‚ and yet‚ the issue of gain based off the loss of consumer’s dollars is one of the moral topics argued. Essentially‚ the
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publicly traded corporations. The American Institute of Certified Public Accountants still holds the responsibility of standard setting for governments and not-for-profit entities‚ however‚ their recent pronouncements have been influenced by the PCAOB. 3. Steps that governmental and not-for-profit agencies may take in order to comply with the requirements of the Sarbanes-Oxley Bill include: restructuring their Board of Directors to include and audit committee consisting of financial experts in various
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Fiber Intermediates: Fiber Intermediates have large production capacity in India. Globally the demand for all categories of Fiber is increasing at a pace of 3-4 MT annually. Polyester is accounted for 70% of the total growth of fiber in all categories in next decade. This global demand scenario has a positive impact on the Indian market as well. Polyester demand in India is likely to grow at 12% Y-o-Y to .5 MPTA. Demand of Polyester will also result into demand growth of PX which is expected to grow
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References: Barringer‚ B.‚ & Ireland‚ R. (2010). Entrepreneurship: Successfullly launching new ventures (3rd Ed.). Upper Saddle River‚ NJ: Prentice Hall. Borrington‚ K. (2010). What ’s new in types of business organisation? Teaching Business & Econimics‚ 14(3)‚ 5-7. Easterbrook‚ F.‚ & Fischel‚ D. (1985). Limited liability and the corporation. The Inversity of Chicago Law Review‚ 89-117. Luo‚ T.‚ & Mann‚ A. (2011). High-tech business survivorship: An analysis by organization type. Journal of Business & Economics
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Referencing Chapter 10 in the text‚ and using evidence from other sources for support answer the following questions. If you owned your own business‚ how would you utilize the information reported on your balance sheet‚ statement of revenue and expense‚ and statement of cash flows? What determinations or decisions can be made with the information reported? Owning a business can be a very difficult challenge for the owner isn’t careful and doesn’t maintain a balanced financial account. The purpose
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Frequent Shopper Program Technical Architecture Document University of Phoenix BSA/385 07/01/2013 Executive Summary Overview: The objective of this project request is to track purchases of individual customer ’s. The customer purchases will be tracked and accumulated as loyalty points for redemption by the customer for gift items‚ specialty foods and other products or services as made available through partnerships with other external companies. The strategic purpose of the Frequent Shopper
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E6-5 (Computation of Present Value) Using the appropriate interest table‚ compute the present values of the periodic amounts‚ shown on page 344‚ due at the end of the designated periods. (a) $50‚000 receivable at the end of each period for 8 periods compounded at 12%. 50‚000* 4.9676= $248‚380 (b) $50‚000 payments to be made at the end of each period for 16 periods at 9%. 50‚000* 8.3126= $415‚630 (c) $50‚000 payable at the end of the seventh‚ eighth‚ ninth‚ and tenth periods at 12%. 50‚000*
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Ancient Democracy vs Modern Democracy By: Frankie Bratkovics The first well-known democracy was in Athens. Though other Greek cities set up democracies none were as powerful‚ stable or as well documented as Athens. Athens democracy had some of the highest rate of participation known. There are few reasons why Ancient democracy differs from modern democracy. One being that the Athenian democracy was exclusive. Only certain people could participate. Another difference was
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