Answer:
Break-even level of output = 56
Explanation:
Given:
Annual Revenue = $1,300
Total Fixed cost = $28,000
Variable cost = $800
Computation of contribution:
Contribution = Sales - Variable cost
Contribution = Revenue - Variable cost
Contribution = $1,300 - $800
Contribution = $500
Computation of Break-even level of output:
Break-even level of output = Total Fixed cost / Contribution
Break-even level of output = $28,000 / $500
Break-even level of output = 56
The ans is a balanced sheet it the only acounting document that categorizes data
Answer:
$746.90
Explanation:
The old monthly payment can be derived from the information given in the scenario:
It says that ''at the end of 1 year he owes the bank $70,000'' and we are also told that ''he paid $10.67 monthly per thousand on his original loan.''
Logically then, the old monthly payment = $10.67 per $1,000 into $70,000
Old monthly payment = ($70,000 / $1,000) x $10.67
which is 70 x $10.67 = $746.90
<h2>
Answer:</h2><h3><em><u>
Bond: 20%</u></em></h3><h3><u><em>
Mutual Fund: 15%</em></u></h3><h3><u><em>
Stock: 50%</em></u></h3><h3><u><em>
Savings Account: 15%</em></u></h3>
<h2>
Explanation:</h2><h3><u><em>
E v e r F i</em></u></h3>
