Helen is selling lemonade outside her house. She had calculated her fixed and variable costs for the venture. She found that by selling 25 cups of
lemonade, she was able to earn back the costs that she has put in. Which point has Helen reached?
Helen has reached the
point.

Answers

Answer 1

Answer:

Break-even point

Explanation:

The Break-even point is the level of sales where the revenue realized matches the costs incurred. At the break-even point, the business does not make any profits or losses.

Helen has reached the break-even point. By selling 25 cups of lemonade, her revenue equals the total of her fixed and variable costs. A sale of 25 cups does not generate any profits or losses.


Related Questions

Employers can attract employees by offering
a. better health benefits
b. flexible working hours
C. longer vacation periods
d. all of the above

Answers

It’s D: All of the above.

Answer:

D ALL OF THE ABOVE

Explanation:

Lynn purchases a house for $52,000. She converts the property to rental property when the fair market value is $115,000. After deducting depreciation (cost recovery) expense of $1,130, she sells the house for $120,000. What is her recognized gain or loss?
a. $0.
b. $6,130.
c. $37,630.
d. $69,130.

Answers

Answer:

d. $69,130.

Explanation:

The computation of the recognized gain or loss is shown below:

= Sale value of the house - (Purchase value of the house - depreciation expense)

= $120,000 - ($52,000 - $1,130)

= $120,000 - $50,870

= $69,130

Hence, the above amount represents the recognized gain

Therefore the correct option is d. $69,130

In the steady state, investment is ________ and net investment is ________.

c. positive; zero

Answers

Answer:

c. positive; zero

Explanation:

In the steady state, investment is positive and net investment is   zero.

A steady-state describes a scenario where the investment level in an economy matches depreciation.  New investments increase capital stock. Growth or positive investment is possible where new investments are greater than depreciation. In a steady-state, the net investment is zero because depreciation erodes the value of new investments.

One of the draw backs of the profitablity index as a criteria for judging whether to accept a capital investment project is that:_______

Answers

Answer:

It might lead to over-optimistic projections

Explanation:

In simple words, the problem with using profitability index as the index criteria lies with the procedure of estimating it. In order to consider the business situation, the organisational finance group requires to settle with the corporation supervisors.

Leadership may be too enthusiastic about their assignment, so forecasts for cash flow may be too substantial. Consequently, in predicting the profitability index, there may be an uptrend prejudice.

What is the competitive position of Emirates in the industry and how does this position influence the competitive forces it faces

Answers

Answer:

Emirates Airline is considered a major airline in the Middle East. It operates approximately 2,200 flights weekly across Dubai and the United Arab Emirates (Doganis, 2002). Its headquarters are conveniently located in Dubai where most of it flights are coordinated. Emirates Airline is also known to operate one of the longest flights in the world. Emirates Airline is part of the Emirates Group. The airline is owned by the Dubai government, one of the countries within the United Arab Emirates group. The Emirates Airline was established in 1985 following the collapse of the Gulf Air.

Zara collects massive amounts of data on its SKUs, orders, sales patterns, store inventories, and other variables. This information is stored in a(n)

Answers

Answer: D. data warehouse.

Explanation:

A Data warehouse is to data what money is to banks. Here, the data that a company has gathered from its many sources will be stored for easier access.

This data can then be analysed and reported sometimes with relation to one another in such a way that detailed reports are created and better decisions made.

Zara is most likely using a data warehouse to store the massive amounts of data collected from all the listed sources.

The __________ is an integrated set of actions taken to produce goods or services (at an acceptable cost) that customers perceive as being varied in ways that are important to them.

Answers

Answer:

Differentiation strategy

Explanation:

This question defines the differentiation strategy. It is an approach which businesses develop whereby they provide their customers with unique and different goods and services than what other competing firms may have to offer in the market. The main goal is to have an advantage increase in the market compared to others.

According to the video, what is the main purpose of Insurance Underwriters’ work?
to protect insurance companies
to investigate insurance claims
to sell insurance policies
to advise individual investors

Answers

Answer:

A

Explanation:

just did it lol

Answer:

A. to protect insurance companies

Explanation: Just got done on edge

Southeast Airline had retained earnings of $1.5 million, sales of $5 million and net income of $0.5 million this year. It also paid dividends of $0.2 million this year. If the sales is projected to increase by 20% next year, what is the projected retained earnings for next year?

Answers

Answer:

$1.86 million

Explanation:

Given the above data, we can calculate the retained earning for next year to be;

Retained earning this year end = $1.5 million retained earning at the beginning + $0.5 million net income - $0.2 million dividends

= $1.8 million

On its first day of trading, Twitter closed at $41.57 per share. Two years later and the price was $26.85, what was the annual return on the stock if returns are compounded daily?
A. 21.86%.
B. -21.85%.
C. -5.99%.
D. -19.63%.

Answers

Answer:

B. -21.85%.

Explanation:

Calculation for the annual return on the stock

First step is to calculate the Number of periods

Number of periods = 2 * 365 days in a year

Number of periods= 730

Second Step is to calculate the Daily return using this formula

Daily return = (Future value / initial value)^1/n - 1

Let plug in the formula

Daily return = (26.85 / 41.57)^1/730 - 1

Daily return = (0.645898)^1/730 - 1

Daily return = 0.999401 - 1

Daily return = -0.00059861*100

Daily return = -0.059861%

Last step is to calculate annual return

Using this formula

Annual return=Daily return/ Numbers of days in a year

Annual return = -0.059861% * 365

Annual return = -21.85%

Therefore the annual return on the stock if returns are compounded daily will be 21.85%

Mustang Corporation reports the following for the month of April:
Finished goods inventory, April 1 $ 31,300
Finished goods inventory, April 30 25,500
Total cost of goods manufactured 1 18,700
The cost of goods sold for April is:_______.
a. $61,900.
b. $124,500.
c. $112,900.
d. $173,700.
e. $150,000.

Answers

Answer:

COGS= $124,500

Explanation:

Giving the following information:

Finished goods inventory, April 1 $ 31,300

Finished goods inventory, April 30 25,500

Total cost of goods manufactured 118,700

To calculate the cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 31,300 + 1$118,700 - 25,500

COGS= $124,500

The term _____ refers to a private piece of a company's Internet network that is made available to customers and/or vendor partners on the basis of secured access by unique password.v

Answers

Answer:

intranet

Explanation:

The term that is being described in this question is known as the company's intranet. This network is mainly used in order for the company's public tools and information to be accessed by anyone that may need it and has been giving access to it. This facilitates many different aspects and partnerships for the company, as those who have access can quickly and easily grab and use what they need off of the network to easily get things done and solve problems without needing direct involvement from the company.

Navajo Corporation traded a used truck (cost $20,000, accumulated depreciation $18,000) for a small computer worth $3,300. Navajo also paid $500 in the transaction.Prepare the journal entry to record the exchange. (The exchange has commercial substance.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)Account Titles and Explanation Debit Credit_______________________ ______________ _______________ _______________________ _______________ ________________ _______________________ ________________ ________________ _______________________ _________________ ______________________________________ __________________ _______________

Answers

Answer and Explanation:

The journal entry is shown below:

Equipment/Computer $3,300    

Accumulated depreciation -Truck $18,000    

        To Truck $20,000  

        To Gain on disposal of truck  $800  

       To Cash  $500

(Being the exchange is recorded)

Here the equipment and accumulated depreciation is debited as it increased the assets while the truck, gain and cash is credited as it decreased the assets but at the same time it increased the revenue

You invested in a 3-month certificate of deposit at your bank. Your investment was $1,902, and at the end of the term you will receive $2,178.
a. What is the holding period return (HPR) on your investment? (Round your answer to 2 decimal places.)
b. What is the annual percentage rate (APR)? (Round your answer to 2 decimal places.)
c. What is the effective annual rate (EAR)? (Round your answer to 2 decimal places.)

Answers

Answer and Explanation:

The computation is shown below:

a. Holding period return would be

= Income + (End of Period Value - Initial Value) ÷ Initial Value

= 0 +($2,178 - $1,902) ÷ $1,902

= 0 + $276 ÷ $1,902

= 14.51%

b. The annual percentage rate is

For 3 months, the rate is 14.51%

Now

For 12 months, it is

= 14.51% ÷ 3 ×  12

= 14.51 % × 4

= 58.04%

c. The effective annual rate is

= ( 1 + r ÷ m)^m - 1

= (1 + 58.04% ÷ 4)^4 - 1

= (1 + 0.5804 ÷ 4)^4 - 1

= (1 + 0.1451)^4 - 1

= (1.1451)^4 - 1

= 1.719387079 - 1

= 0.719387079 or 71.94%

International trade specialists that buy goods at a discount from a small businesses and resell them abroad are called

A. commission house brokers

B. exporting trade companies

C. business trade unions

D. domestic channel companies

Answers

Answer: B. exporting trade companies

Explanation:

Trade unions are the organisations that are out in place so as to protect the interest of workers. They negotiate for better wages and salaries, provide job security, and seek better working conditions for their workers.

Export trading company is simply referred to as an independent company that helps in the provision of support services to the companies that are involved in the exportation of goods and services.

Commission house brokers is simply an individual who helps in representing people who have properties.

Therefore, the answer is exporting trade companies.

Select the benefits of mentoring goal process PLS HELP ASAP

Answers

Answer:

Mentoring relationships can result in the following:

Increased knowledge transfer.

Job satisfaction.

Smart succession planning.

Development of leadership skills.

Motivation for professional development and accountability.

Achievement of goals and objectives.

Stronger internal networks.

Increased teamwork.

Explanation:

Who owns the factors of production in a planned economy?
A.
Individuals
B.
Nobody
C.
The church
D.
The government

Answers

Answer:

A. Individuals

Answer:

D.

Explanation:

Under a command economy, governments own the factors of production. This is also sometimes referred to as a planned economy. (I like to call it a command economy, but it's the same thing.)

A building is acquired on January 1, at a cost of $920,000 with an estimated useful life of 10 years and salvage value of $82,800. Compute depreciation expense for the first three years using the double-declining-balance method. (Round your answers to the nearest dollar.)

Answers

Answer:

when you compute depreciation expense using the double declining method, the salvage value is not included in the depreciation calculation. You continue to depreciate the asset until you reach its salvage value:

depreciation expense year 1 =  2 x 1/10 x $920,000 = $184,000depreciation expense year 2 =  2 x 1/10 x $736,000 = $147,200depreciation expense year 1 =  2 x 1/10 x $588,800 = $117,760

WHAT IS IT?
1.it can be use as thickening agent or as a weak glue
3.a food spread made from dry roasted peanuts

Answers

Answer:

I believe its Peanut Butter.

Professional Properties is considering remodeling the office building it leases to Heartland Insurance. The remodeling costs are estimated at $3.4 million. If the building is remodeled, Heartland Insurance has agreed to pay an additional $820,000 a year in rent for the next 5 years. The discount rate is 15 percent. What is the benefit of the remodeling project to Professional Properties? A) -$651,233 B) -$489,072 C) $5,214 D) $128,399 E) $311,417

Answers

Answer:

A) -$651,233

Explanation:

The computation of the benefit generated of the remodelling project is shown below:

If we considered the discounted rate i.e. 15% for 5 years of $820,000 so its present value would be $2,748,767 ($820,000 × 3.3521)

And, the predicted cost is $3,400,000

So here the cost is there instead of the benefit of

= $2,748,767 - $3,400,000

= -$651,233

Hence, the correct option is A

You borrow $10,000 today at a nominal rate of 5%; inflation for the past 10 years has been exactly 2%. Today, inflation instantly rises to 7% and stays that way for the duration of your loan. Based on the above information, ceteris paribus (all else equal), today: Group of answer choices

Answers

Here is the answer choice to the question

a. the real rate of interest on your loan is 14%.

b. the real rate of interest on your loan was previously 10% and is now 35%.

c. the real rate of interest on your loan is now –2%.

d. you will pay the lender back exactly $9,500.

e. you will pay the lender back exactly $10,700

Answer:

C. the real interest rate on your loan is now -2%

Explanation:

The real interest rate of can be gotten by subtracting the nominal interest rate from the inflation rate from nominal interest rate

Inflation rate = 7%

Nominal interest rate= 5%

= 5 percent - 7 percent

= -2%

The real interest rate can be defined as the rate of interest an investor, saver or lender is going to receive after they have allowed for inflation.

When dealing with tangible products, consistency is usually measured in terms of:_____.
A. Features.
B. Attributes.
C. Systems.
D. Defects.

Answers

Answer:

D. Defects

Explanation:

In order to meet the unending needs and wants of consumers, to satisfactorily provide products that meets their requirements, tastes or preferences various manufacturing companies use five (5) main methods of production, and these are; labour-intensive production, mass production, batch production, capital-intensive production and job production.

Generally in Economics, the question of how goods are produced, determines how resources are combined in the production of goods.

This ultimately implies that, before a manufacturer produce its goods it determines the amount of resources that are available. These resources that are to be combined for the purpose of production of goods are entrepreneur, land, labor, and capital, which are generally referred to as the four (4) factors of production.

A tangible product refers to any product that can be physically touched by the end users or consumers such as electronic gadgets, bread, furniture, cooking utensils, etc.

When dealing with tangible products, consistency is usually measured in terms of defects. Any goods (products) manufactured by a company that is consistently devoid of defects such as broken parts or missing parts is generally considered to be of high quality and as such consumers would feel safe to use or buy such tangible products at all times.

The following transactions were completed by The Wild Trout Gallery during the current fiscal year ended December 31:


Jan. 19. Reinstated the account of Arlene Gurley, which had been written off in the preceding year as uncollectible. Journalized the receipt of $1,630 cash in full payment of Arlene’s account.

Apr. 3. Wrote off the $9,340 balance owed by Premier GS Co., which is bankrupt.

July 16. Received 25% of the $16,800 balance owed by Hayden Co., a bankrupt business, and wrote off the remainder as uncollectible.

Nov. 23. Reinstated the account of Harry Carr, which had been written off two years earlier as uncollectible. Recorded the receipt of $2,655 cash in full payment.

Dec. 31. Wrote off the following accounts as uncollectible (one entry): Cavey Co.,$7,025; Fogle Co., $2,085; Lake Furniture, $5,365; Melinda Shryer, $1,515.

Dec. 31. Based on an analysis of the $825,700 of accounts receivable, it was estimated that $35,900 will be uncollectible. Journalized the adjusting entry.

Required:


1. Record the January 1 credit balance of $34,200 in a T account presented below in requirement 2b for Allowance for Doubtful Accounts.


2. a. Journalize the transactions. For a compound transaction, if an amount box does not require an entry, leave it blank. Note: For the December 31 adjusting entry, assume the $825,700 balance in accounts receivable reflects the adjustments made during the year.

3. Determine the expected net realizable value of the accounts receivable as of December 31 (after all of the adjustments and the adjusting entry).


4. Assuming that instead of basing the provision for uncollectible accounts on an analysis of receivables, the adjusting entry on December 31 had been based on an estimated expense of ½ of 1% of the sales of $5,100,000 for the year, determine the following:

a. Bad debt expense for the year.



b. Balance in the allowance account after the adjustment of December 31.

c. Expected net realizable value of the accounts receivable as of December 31 (after all of the adjustments and the adjusting entry).

Answers

Answer:

The Wild Trout Gallery

1. T-accounts:

Allowance for Doubtful Accounts

Date     Account Titles               Debit     Credit

Jan. 1    Balance                                     $34,200

Dec. 31 Uncollectible Expense                   1,700

Dec. 31 Balance                     $35,900

2. Journal Entry:

Jan. 19:

Debit Accounts Receivable $1,630

Credit Uncollectible Expense $1,630

To reinstate the account of Arlene Gurley written off as uncollectible.

Debit Cash Account $1,630

Credit Accounts Receivable $1,630

To record the receipt of cash from Arlene Gurley.

Apr. 3:

Debit Uncollectible Expense $9,340

Credit Accounts Receivable $9,340

To record the write-off of balance owed by Premier GS Co.

July 16:

Debit Cash $16,800

Debit Uncollectible Expense $50,400

Credit Accounts Receivable $67,200

To record the receipt of 25% of balance and write-off of remaining debt.

Nov. 23:

Debit Accounts Receivable $2,655

Credit Uncollectible Expense $2,655

To reinstate the account of Harry Carr written off as uncollectible.

Debit Cash Account $2,655

Credit Accounts Receivable $2,655

To record the receipt of cash from Harry Carr.

December 31:

Debit Uncollectible Expense $15,990

Credit Accounts Receivable $15,990

To record the write-off of uncollectibles.

Debit Uncollectible Expense $1,700

Credit Allowance for Doubtful Accounts $1,700

To record the estimated uncollectibles.

Dec. 31:

Debit Uncollectible Expense $1,700

Credit Allowance for Doubtful Accounts $1,700

To record the uncollectible expense.

3. Expected net realizable value of the accounts receivable as of December 31 (after all of the adjustments and the adjusting entry):

Accounts Receivable balance     $825,700

Allowance for Doubtful Accounts   35,900

Net realizable value                     $789,800

4. Allowance for Doubtful Accounts = 0.5% of $5,100,000 = $25,500

a. Bad Debt Expense for the year:

Jan. 19 Reinstatement of written off account   -$1,630

Apr. 3   Premier GS Co. write-off                          9,340

July 16 Hayden Co. write-off                              50,400

Nov. 23 Reinstatement of Harry Carr account  -2,655

Dec. 31  Write-off of: Cavey Co.,                          7,025

             Fogle Co.,                                               2,085

             Lake Furniture,                                      5,365

             Melinda Shryer,                                       1,515

Dec. 31 Allowance for Doubtful Accounts        -8,700

Amount of bad debt expense                        $62,745

b. Balance in the allowance account after the adjustment of December 31:

= $25,500

Journal Entry:

Debit Allowance for Doubtful Accounts $8,700

Credit Bad Debts Expense $8,700

To record the reduced allowance for doubtful accounts.

c. Expected net realizable value of the accounts receivable as of December 31 (after all of the adjustments and the adjusting entry):

Accounts Receivable balance     $825,700

Allowance for Doubtful Accounts   25,500

Net realizable value                    $800,200

Explanation:

a) Data and Calculations:

Hayden Co.:

Cash receipt = $16,800 or 25%

Total balance = $67,200 ($16,800/25%)

Uncollectible write-off = $50,400 ($67,200 * 75%)

b) The allowance for doubtful accounts will be increased by $1,700 to arrive at a new balance of $35,900 from $34,200.

c) If allowance for uncollectible accounts is based on 1/2% of 1% of sales, then the allowance for uncollectible accounts will be reduced by ($34,200 - 25,500) $8,700 from $34,200 to $25,500.

1. Why do you think that there’s a huge gap in theory (what we know we should do) and practice (what we’re actually doing) of leadership development?

2. What are some reasons that companies might not be addressing Gen Y leadership development programs?

Answers

Answer:

1. Theories are based on assumptions.  It is practice that verifies the underlying assumptions behind every theory, using real-life experiences.   If theories are not put to use, they remain theories with untested assumptions.

2. The current leadership does not understand the millennials.  The millennials are operating with tools that look too sophisticated for the current leadership.  There is much confusion between what the Gen Y millennials want to achieve and the expected achievement targets being set by the current leadership. Leadership development programs for the Gen Y can only be implemented when misunderstanding is removed.

Explanation:

Leadership development includes all the processes that expand the capacities of individuals to perform in leadership positions by facilitating the execution of a company's strategy, building alignments, and winning mindsets while growing the capabilities of others to succeed the current leaders.

There is a more gap between the theory and the practice because the theories are totally based on the assumptions whereas the practice is fully depending on the theory.

Why there is a gap between theory and practice?

(1).

There is a huge gap in theory and practice in the leadership style  because the theories are established or fully founded on assumptions.  

But in the practice, it confirms the implicit premises or assumptions behind every theory by using real experiences of life.

Its theories are not taken place, then the practice is also not works.

(2).

The cutting-edge management does now no longer recognize the time period.  

The time period is run away with power train, that visual aspect too state-of-the-art for the cutting-edge management.

Leadership improvement packages for the Gen Y can handiest be carried out whilst false impression is removed.

There is a lot of confusion among what the Gen Y millennials need to accomplish, and the expected fulfillment targets being set through the cutting-edge management.

Therefore, there are the difference between the theory and practice.

Learn more about leadership, refer to:

https://brainly.com/question/7177953

Earth Movers, Inc., uses dynamite to prepare land for highway projects. Strict liability is imposed on this activity because:_______

a. Earth Movers is a corporation
b. The activity is inherently negligent
c. The activity is abnormally dangerous
d. The government pays for highway Construction

Answers

Answer: c. The activity is abnormally dangerous

Explanation:

Strict liability is also referred to as the absolute liability, and this term means legal responsibility for injury or damages, despite the fact that the individual or business that's found strictly liable wasn't negligent or probably at fault for the injury to damages.

In this case, if Earth Movers, Inc., uses dynamite to prepare land for highway projects, a strict liability is imposed on this activity because it is abnormally dangerous.

Consider a production function that only uses labor as its variable input, and all other inputs are fixed. Within this procution, it is optimal to hire labor units in the short run as long as:______.
1) value marginal product of labor is greater than wage.
2) marginal product of labor is less than product price.
3) average product of labor is greater than wage.
4) value marginal product of labor is less than product price.

Answers

Answer:

1) value marginal product of labor is greater than wage.

Explanation:

In the case when the labor is considered to be the variable input while the other inputs are considered to be fixed

So, the equation would be

VMPL = MPL x Output price

where,

VMPL = Function of labor demand

And, in the short run, the hiring is the optimum as bigger as VMPL as it is more than or equivalent to the wage rate

Therefore the correct option is 1.

The following information is available for Silver Company for the three months ended March 31, 2019:

Merchandise inventory, January 1,
2013 $900,000
Purchases 34,00,000
Freight-in 2,00,000
Sales 48,00,000

The gross margin recorded was 25% of sales. What should be the merchandise inventory at March 31, 2019?

a. $700,000
b. $1,125,000
c. $900,000
d. $1,200,000

Answers

Answer:

c. $900,000

Explanation:

The ending inventory is calculated as;

Beginning inventory

$900,000

Add: Purchases

$3,400,000

Add: Freight in

$200,000

Total purchase Balance

$3,600,000

Cost of goods available

$4,500,000

Less: Cost of (goods estimated)

($3,600,000)

Ending inventory

$900,000

Therefore, the merchandise inventory at March 31, 2019 is $900,000

Question Mode Multiple Choice Question Preferred stockholders: Multiple choice question. have the right to receive dividends only if there are enough dividends to pay the common stockholders too. must receive dividends every year. must receive more dividends per share than the common stockholders. have the right to receive dividends only in the years the board of directors declares dividends.

Answers

Answer:

d. have the right to receive dividends only in the years the board of directors declares dividends.

Explanation:

Preferred shareholders have the right to receive dividends in the priority to the common shareholders of the company unit. In other words, if there is sufficient funds with the company to declare dividends both to preferred and common shareholders, then in that case, preferred shareholders will be entitled the right to receive dividends first, and remaining amount will be distributed to common shareholders. Only that, they have this right only when the board of directors declares dividends.

Determine the order in which the following budgets are generally prepared.
A. Material purchases budget select a number.
B. Sales budget select a number.
C. Budgeted income statement select a number.
D. Production budget select a number.

Answers

Answer:

The order in which the following budgets are generally prepared are as arranged below:

1. Sales budget

2. Production budget

3. Material purchases budget

4. Budgeted income statement

In an attempt to expatiate the decision above. We must observe that income statement starts with revenue. Similarly here, the budget will starts with sales. The revenue section is followed by production budget which from which various budgets like material, direct labor and overhead budget are prepared from. After the Production budget, follow the Material purchase budget, then Budgeted Income Statement

XYZ Corp issued $600,000 of 9% , 10-year bonds on June 30,2020, for $562,500. This price provided a yield of 10% on the bonds. Interest is payable semiannually on December 31 and June 30. If XYZ uses the effective- interest method , what is the amount of interest expense that has accrued if the accounting period ends on October 31, 2020.

a. $27,000
b. $28,125
c. $18, 750
d. $20,000

Answers

Answer:

c. $18, 750

Explanation:

The computation of the amount of interest expense i.e. accrued is shown below:

= Issued amount × yield on the bonds × given months ÷ total number of months in a year

= $562,500 × 10% × 4 months ÷ 12 months

= $18,750

The 4 months is calculated from July 1 to October 31

Hence, the correct option is c. $18,750

Other Questions
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