Answer:
48,939 patients
Explanation:
Breakeven quantity = fixed cost / price – variable cost per unit
$239,800 / ( $8.70 - $3.80) = 48,939 patients
Answer:
add $36 to the book's balance.
Explanation:
Since in the question it is given that the check amount is $648 which is to be paid by the bank is recorded incorrectly in the company books for $684
So the difference of $36 would be added to the company book balance and no adjustment would be made in the bank balance
This addition would balance the both book balance and the bank balance.
Answer:
The account balance after 4 years will be $2,420.
Explanation:
First we need to add Bob and Judy's amount to find the total amount that will be deposited. (1260+975)=2,235.
Now we will break up the annual interest into monthly interest because it will be compounded monthly. 2/12=0.166.
Then we will break up the 4 years into months also because the interest is compounded monthly. 4*12=48
Now we use the formula for compound interest
Final amount = Principal*(1+R)^N
Principal = 2,235
R= 0.166% or 0.00166
N= 48
We put these values into our formula
2,235*(1+0.00166)^48
=2,420
