Answer:
The annual breakeven point in sales dollars for Company X is $90,000
Explanation:
Hi, in order to find the break even point (BEP) in dollars, we need to use the following formula.

Everything should look like this.

Best of luck.
Aaron Beam was caught in Richard <span>Scrushy's scheme where Scrushy played the stocks and made false reports about their company. In truth, they already had been having a bad outcome. At first, they made a steady increase with their hospital services but changed to some drop rates in the stock market that Scrushy wanted to conceal. Aaron Beam made the move to tell and report the situation to authorities.</span>
Answer:
The amount recognized as revenue in the first year is $14000
Explanation:
The reason is that Maas LLP has no post sales services agreement to Sunny Dale which means he owes him nothing in benefits so the amount received as a whole is license fee only which gives Sunny Dale the right to use the software. So the amount received must be recognized as revenue for the year.
Answer:
$4000
Explanation:
Fractional banking is a banking system where a portion of customer's deposits is kept as reserves while remaining portion is lent out. The amount kept as reserves is determined by the required reserve ratio set by the Central bank.
Reserve ratio is the percentage of deposits that is required of commercial banks to keep as reserves
Total deposits = $100,000 + $5,000 = $105,000
Required reserves = 0.2 x 105000 = 21,000
total reserves = $20,000 + 5000 = 25,000
excess reserves = 25,000 - 21,000 = 4000
Answer:
3.18%
Explanation:
Calculation for the annual increase in the price of the average house sold
We are suppose to use this formula FV = PV (1+r)^t but since we are looking for R the formula to use will be:
R = (FV / PV)^1/16– 1
Let note that 2016-2000 will give us 16 years
Where,
FV=$354,900
PV=$215,100
Let plug in the formula
R= ( $354,900/$215,100 )^1/8)16– 1
R=(1.6499)^1/16-1
R=1.0318-1
R=0.0318×100
R=3.18%
Therefore the annual increase in the price of the average house sold will be 3.18%