Answer:
350 units
Explanation:
The break even point shows the earnings that the company has to generate to be able to cover all the expenses. The formula to calculate the break even point is:
Break even point= Fixed costs / contribution margin
Break even point= $7,000/0.50
Break even point= $14,000
Now, to determine the break even point in units you have to divide $14,000 by the sales price per unit:
$14,000/$40= 350 units
According to this, the break even point in units is 350.
Answer: B. Anca
Explanation:
From the information provided in the question, we should note that Anca purchasing the tickets will lead to a more economically efficient outcome.
From the information given, we can see that Anca is willing to pay $1250 while Sean wants to pay $705. Therefrom Anca purchasing the tickets leads to a better efficiency.
We can also infer that if Anca pays $1,250, a consumer surplus of $550 is gotten while Sean would get a consumer surplus of only $5.
Therefore, the correct option is B.
Answer:
Tax return preparers may generally rely on a client's representations without verification unless the information seems incorrect, inconsistent, or incomplete, Option A.
Explanation:
A "tax return preparer" usually relies in good faith without verification upon information furnished by a taxpayer or another advisor or third party. But he has the authority to make inquires in case he feels the information given is incomplete or inconsistent. Also, some of the provisions also require few circumstances or facts to be claimed before deduction is made. So, A tax return preparer should make relevant inquiries to decide if the information given is correct as required by an "Internal Revenue Code" section or a regulation to claim either a deduction or a credit.
TRUE. A company might conduct full-scale practice drills, including closing a building and working from a remote location, in order to test its contingency plans
Answer:
A) 32 percent interest B) Yes it will be paid
Explanation:
23 times 42 divided by 7