Entries by Hannah Wangui

The current CEO of Sears is also the owner of a hedge fund. Since 2014, Sears has consistently obtained billions of dollars of loans from its CEO’s hedge fund. On Feb 1, 2018, Sears borrowed another 210 million from its CEO. Without details of the loans, what is the nature of the loan, from the perspective of the agent-principal relationship?

August 13, 2019 in /by

The current CEO of Sears is also the owner of a hedge fund. Since 2014, Sears has consistently obtained billions of dollars of loans from its CEO’s hedge fund. On Feb 1, 2018, Sears borrowed another 210 million from its CEO. Without details of the loans, what is the nature of the loan, from the perspective of […]

 

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Our company earned a net income of $150,000 for 2017. On January 3, 2018, we declared a $1.20 per share dividend on our 100,000 outstanding shares of common stock to shareholders of record as of January 15, 2018. We will pay the dividend on February 3, 2018. Which account and amount should we credit when we journalize the entry needed on the date of declaration (January 3)

August 13, 2019 in /by

Our company earned a net income of $150,000 for 2017. On January 3, 2018, we declared a $1.20 per share dividend on our 100,000 outstanding shares of common stock to shareholders of record as of January 15, 2018. We will pay the dividend on February 3, 2018. Which account and amount should we credit when […]

 

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1.1.Our company sells its product for $60 per unit and has a variable cost of $30 per unit. Total fixed costs equal $20,000. What would be the breakeven point in units if the fixed costs decreased by $2,000? a. 500 b. 600 c. 1,000 d. 1,200 2.Our company sells its product for $100 per unit and has a variable cost of $40 per unit. Total fixed costs equal $18,000. The breakeven in units is 300, and we expect to sell 350 units. What is the margin of safety in dollars? a.($5,000) b. 3,000 c.($3,000) d.$5,000 3.What are costs that do not change in total over a wide range of volume? a.variable costs b.fixed costs c.mixed costs d.relative costs 4.Fixed costs per unit will: A.increase as volume increases b. remain the same regardless of changes in volume c. decrease as volume increases d.decrease as volume decreases 5.Which of the following is a fixed cost? a.direct materials b.wages of production workers c.salary of production manager d. sales commission. What would be the breakeven point in units if the fixed costs decreased by $2,000? a. 500 b. 600 c. 1,000 d. 1,200 2.Our company sells its product for $100 per unit and has a variable cost of $40 per unit. Total fixed costs equal $18,000. The breakeven in units is 300, and we expect to sell 350 units. What is the margin of safety in dollars? a.($5,000) b. 3,000 c.($3,000) d.$5,000 3.What are costs that do not change in total over a wide range of volume? a.variable costs b.fixed costs c.mixed costs d.relative costs 4.Fixed costs per unit will: A.increase as volume increases b. remain the same regardless of changes in volume c. decrease as volume increases d.decrease as volume decreases 5.Which of the following is a fixed cost? a.direct materials b.wages of production workers c.salary of production manager d. sales commission

August 13, 2019 in /by

1.Our company sells its product for $60 per unit and has a variable cost of $30 per unit. Total fixed costs equal $20,000. What would be the breakeven point in units if the fixed costs decreased by $2,000?  a. 500 b. 600 c. 1,000 d. 1,200 2.Our company sells its product for $100 per unit […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

1.1.Our company sells its product for $60 per unit and has a variable cost of $30 per unit. Total fixed costs equal $20,000. What would be the breakeven point in units if the fixed costs decreased by $2,000? a. 500 b. 600 c. 1,000 d. 1,200 2.Our company sells its product for $100 per unit and has a variable cost of $40 per unit. Total fixed costs equal $18,000. The breakeven in units is 300, and we expect to sell 350 units. What is the margin of safety in dollars? a.($5,000) b. 3,000 c.($3,000) d.$5,000 3.What are costs that do not change in total over a wide range of volume? a.variable costs b.fixed costs c.mixed costs d.relative costs 4.Fixed costs per unit will: A.increase as volume increases b. remain the same regardless of changes in volume c. decrease as volume increases d.decrease as volume decreases 5.Which of the following is a fixed cost? a.direct materials b.wages of production workers c.salary of production manager d. sales commission. Total fixed costs equal $20,000. What would be the breakeven point in units if the fixed costs decreased by $2,000? a. 500 b. 600 c. 1,000 d. 1,200 2.Our company sells its product for $100 per unit and has a variable cost of $40 per unit. Total fixed costs equal $18,000. The breakeven in units is 300, and we expect to sell 350 units. What is the margin of safety in dollars? a.($5,000) b. 3,000 c.($3,000) d.$5,000 3.What are costs that do not change in total over a wide range of volume? a.variable costs b.fixed costs c.mixed costs d.relative costs 4.Fixed costs per unit will: A.increase as volume increases b. remain the same regardless of changes in volume c. decrease as volume increases d.decrease as volume decreases 5.Which of the following is a fixed cost? a.direct materials b.wages of production workers c.salary of production manager d. sales commission

August 13, 2019 in /by

1.Our company sells its product for $60 per unit and has a variable cost of $30 per unit. Total fixed costs equal $20,000. What would be the breakeven point in units if the fixed costs decreased by $2,000?  a. 500 b. 600 c. 1,000 d. 1,200 2.Our company sells its product for $100 per unit […]

 

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