Answer:
Target profit in units = 47058.82 rounded off to 47059 units
Explanation:
The break even units of sales are the number of units that must be sold in order for the company to have enough total revenue to cover its total costs. It is a point in the number of units where there is no profit or no loss.
We can use the break even analysis and formulas to calculate the number of units required to earn a certain target profit. Thus, we will just need to add the target profit amount to the fixed costs in the break even in units formula. The formula to calculate the target profit in units is,
Target profit in units = (Fixed costs + Target profit) / Contribution margin per unit
Target profit in units = (700000 + 100000) / 17
Target profit in units = 47058.82 rounded off to 47059 units
Answer:
$5.3 million
Explanation:
Kosher pickle company acquires outstanding stock of Midwest produce for $12.5 million
Fair value of Midwest assets is $8.5 million
Fair value of Midwest liabilities is $1.3 million
The first step is to calculate the fair value of net identifiable assets
= $8.5 million-$1.3 million
=7.2 million
Therefore, the amount paid for goodwill can be calculated as follows
= $12.5 million-$7.2 million
= $5.3 million
Hence the amount paid for goodwill is $5.3 million
$15,400
Why:
Original cost is $22,000 and 30% of that is $6,600.
$22,000 - $6,600 = $15,400
Templates allow people to create workbooks that look similar because it provides the basic outline and style designs premade for the user. These types of files would be saved as xlts, which is the extension for Excel Template files.
When we say arbitration, this is when there is a signed contract involved between two parties in order to settle a particular dispute. Arbitration is different from mediation in a way that arbitration is legally binding. The answer is option D. Hope this helps.
