Breakeven point = fixed cost / contribution margin ratio
Contribution margin ratio = 4 - 1 = 3 /4 = .75
Breakeven point = 150000 .75 = 200000
In financial accounting, Assets always equal the sum of your liabilities and equity. Therefore, if your assets increase by $150k and liabilities increased by $90k, your owners equity must have increased by $60k.
Sales 1800000Less:Variable Cost: 1080000Contribution margin 720000Fixed Cost: 570000Net income 150000
One hundred fifty thousand and 00/100 (the word 'dollars' will already be on the check).
You save the tax on $3000 in whatever bracket you are in; so, if you are in a 20% bracket this is $600 in your pocket.
The Acid Ration test formula is:Cash + Short Term investments + Net Current Receivables / Current LiabilitiesWithout having the full information needed, it's impossible to give you an accurate answer, however, using just the numbers you provided the equation would be:300000 + 150000 / 100000450000 / 1000004.50Which is an unusual high number for most companies.
150000 an integer and not a fraction. However, it can be expressed in rational form as 150000/1. You can then calculate equivalent rational fractions if you multiply both, its numerator and denominator, by any non-zero integer.
In this word problem, think of "is" as an equal sign and "of" as a multiplication sign. "What" would be the variable. Therefore, the problem translated into math is: A = 0.035 x 150000, where 0.035 is the same as 3.5%.
2.5% of 150000 = 2.5% * 150000 = 0.025 * 150000 = 3750
9 1/2% of 150000= 9.5% * 150000= 0.095 * 150000= 14250
150000 = 15000000%
5% of 150000 = 5% * 150000 = 0.05 * 150000 = 7500
6.9% of 150,000= 6.9% * 150000= 0.069 * 150000= 10,350
4000000-150000 = 3850000
481000
3% of 150000 is 4500.
150000 is 0.15 million.
If it is simple interest and interest calculated at the end of each year then 150000x10x0.1 = 150000 If it is compound interest and interest calculated at the end of each year then [150000[(1+0.1)]raised to 10] - 150000 which is [150000x(1.1)raised to 10] - 150000 which is 150000x2.59374246 - 150000 which is 389061.37 - 150000 = 239061.37