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2 years ago

Which of these investments may be long term? Choose four answers.

Business

2 answers:

SVEN [57.7K]2 years ago

8 0

mutual funds, bonds, retirement funds, and commodities

DIA [1.3K]2 years ago

4 0

The invesment that may be long term is retirement funds as it will only be used when the person that made that investment will get there money when they retire.

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Break-Even Sales Under Present and Proposed Conditions Portmann Company, operating at full capacity, sold 1,000,000 units at a p

Ne4ueva [31]

Answer:

1. Variable Fixed

Cost of goods sold 70,000,000 30,000,000

Selling Expenses 12,000,000 4,000,000

Administrative Exp. 6,000,000 6,000,000

Total 88,000,000 40,000,000

Note:

Cost of goods sold 70% 30% on 10,000,000 for variable and Fixed respectively

Selling expenses 75% 25% on $16,000,000 for variable and Fixed respectively

Administrative expenses 50% 50% on $12,000,000 for variable and Fixed respectively

2. Unit Variable cost = Total variable cost / Units produced

Total Variable cost 88,000,000

Unit produced 1,000,000

Unit variable cost  88 

Unit Contribution margin = Selling Price - Variable cost per unit

Selling Price $188

- Variable cost per unit $88

Unit Contribution margin $100

3. Break even Point (Units) = Fixed cost / Contribution margin per unit

Fixed cost 40,000,000

Contribution margin per Unit 100

Break even Point (Units) 400,000

4. Break even point (units) = Fixed cost / Contribution margin per unit

Fixed cost 40,000,000

Increased Fixed cost 5,000,000

Total New fixed cost 45,000,000

Contribution margin per unit 100

Break even point (units) 450,000

5. Determined sales units = (New fixed cost + Desired Income) / Contribution margin

New Fixed Cost 45,000,000

Desired Income 60,000,000

105,000,000

Contribution margin 100

per unit

Determined sales units 1,050,000

6. Maximum Income from operation = Total New sales - Total New variable cost - Total Fixed cost

Sales 188,000,000

Increased sales 11,280,000

Total New sales 199,289,000

Variable cost 88,000,000

New Variable cost 5,280,000

Total New Variable cost 93,280,000

Total New Fixed cost 45,000,000

Maximum Income from 61,000,000

operation

Number of units = Increase in sales / Price per unit

New variable cost = Number of units * Unit variable cost

Increased sales 11,280,000

Price per unit 188

Number of units 60,000

Unit variable cost x 88.00

New Variable cost 5,280,000

7. Net income = Sales - Variable cost - New fixed cost

Sales 188,000,000

Less: Variable cost 88,000,000

Less: New fixed cost 45,000,000

Net Income 55,000,000

8. Option b. In favour of the proposal because of the possibility of increasing income from operation.

4 0

2 years ago

Eight-year-old Terry's performance on an intelligence test is at a level characteristic of an average 5-year-old. In other words

lesya [120]

Answer:

The correct option is C

Explanation:

If say a child is 8 years has an IQ score that is the same with the score of an average 10 years old child, the mental score of that child is 10. From our example, if Terry who is 5 years performs as an average 5-year old child, then his mental score is 5. However the IQ Score will be

5/5 * 100 (Since 100 is the average IQ Score) = 100

6 0

2 years ago

Show Me How On February 22, Stewart Corporation acquired 12,000 shares of the 400,000 outstanding shares of Edwards Co. common s

Cerrena [4.2K]

Answer:

Explanation:

The journal entries are shown below:

1. Investment in shares of Edwards Co A/c Dr $600,120

To Cash A/c $600,120

(Being the purchase of stock is made)

The investment is computed below:

= Number of shares acquired × par value of common stock + commission charges

= 12,000 shares × $50 + $120

= $600,120

2. Cash A/c Dr $16,800

To Dividend A/c $16,800

(Being dividend received is recorded)

The receipt of dividend is shown below:

= Number of shares × cash dividend per share

= 12,000 shares × $1.40

= $16,800

3. Cash A/c Dr $247,900

To Profit on sale $47,860

To Investment in shares of Edwards Co A/c $200,040

(Being sale of shares is recorded and the remaining amount is credited to the profit)

The computation of this above entry is shown below:

Cash Account = Number of shares sold × par value of common stock - commission charges

= $4,000 × $62 - $100

= $247,900

Profit on sale = (Purchase of stock ÷ Number of shares acquired) × Number of shares sold

= ($600,120 ÷ 12,000) shares × 4,000 shares

= $200,040

8 0

2 years ago

When Alex, the marketing manager of Hartwell Inc., realized that his plan to increase sales levels was not producing the results

nadya68 [22]

Answer:A

Explanation:

Planning

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2 years ago

Diego owns and operates a small business with only four full-time employees and less than $700,000 in annual sales. He currently

marusya05 [52]

Answer: he could benefit from adopting such a system, but should also consult with an accountant for advice about what's best.

6 0

2 years ago