What was the break-even point

Assignment Help Financial Accounting
Reference no: EM13135040

If a business had sales of $4,000,000, fixed costs of $1,300,000, a margin of safety of 25%, and a contribution margin ratio of 40%, what was the break-even point?

Reference no: EM13135040

Reviews

Write a Review

 

Financial Accounting Questions & Answers

  Explain the purpose of adjusting entries

Provide me an example of a transaction that would affect the accounting equation. You will do this for your employer, college or self and briefly define and explain the purpose of adjusting entries?

  Will this shift income from bendetta to jenine

Bendetta instructs her tenants to send their rent checks to Jenine so Jenine can report the rental income. Will this shift income from Bendetta to Jenine? Why, or why not?

  Calculation of break even sales in dollars.

Calculation of break even sales in dollars . Selling price per unit-$20 and total fixed expenses-$5,000

  What kind of an accounting change is this

What kind of an accounting change is this? It indicates that TimeWarner rapidly changed its position with regard to these lawsuits. Is this a change in accounting principle?

  Create a correct income statement beginning with income

loss on disposal of discontinued music division $20,000. The income tax rate is 40%. Create a correct income statement, beginning with income before income taxes

  Show the journal entries for the purchase

Show the Journal entries for the purchase and the sale of shares.

  Illustrate what is the net change in construction

how the numbers are "expressed" in the CAFR. If the number is "expressed in thousands", make sure you add three zeros (",000") to your answer). Illustrate what is the net change in Construction in Progress from 2010 to 2011?

  Find out which case is fifo and which is lifo

Find out which case is FIFO and which is LIFO. State which case would result in the higher inventory value on the balance sheet and indicate why.

  Perform horizontal financial analysis

Perform horizontal financial analysis

  Evaluate the income settlement

How much income must Sue report if she selects the lump sum settlement. How much income must Sue report if she choose the annuity

  Net cash flow to change either positively or negatively

The net cash flow to change either positively or negatively - Detemination of how much the depreciation change cause

  Describe the evolving accounting standards for recording

Describe the evolving accounting standards for recording and translating foreign exchange related transactions and financial statements?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd