FREE Trial S
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Dragon, Incorporated, has actual sales of $390,000 and a margin of safety of $187,200. What is Dragon's break-even point in sales? Multiple Choice $15,600 $202,800

Dragon, Incorporated, has actual sales of $390,000 and a margin of safety of $187,200. What is Dragon's break-even point in sales? Multiple Choice $15,600 $202,800 $218,400 $234,000
image text in transcribed
Dragon, incorporoted, has actual sales of $390,000 and a margin of safety of $187,200. What is Dragon's break-even point in sales? Multpie Cnoice 315,600 $202600 5218400 5284.000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Robo Auditing Using Artificial Intelligence To Optimize Corporate Finance Processes

Robo Auditing Using Artificial Intelligence To Optimize Corporate Finance Processes

Authors: Patrick J.D. Taylor, Manish Singh, Nathanael J. L'Heureux

1st Edition

ISBN: 1544511442, 978-1544511443

More Books

Students also viewed these Accounting questions

Question

★★★★★
Bluetones Ltd. experienced the following activity in its Machining Department during June. Materials are added at the beginning of the machining process. Bluetones uses the Weighted Average cost flow...

Answered: 1 week ago

Question

★★★★★
7 Carlsberg, the brewing company, learned of its crisis late one Friday afternoon. Something appeared to have gone wrong with the widget (the device which gives some canned beer its creamy...

Answered: 1 week ago

Question

★★★★★
60. Chebyshevs inequality, introduced in Exercise 43 (Chapter 3), is valid for continuous as well as discrete distributions. It states that for any number k satisfying k 1, (see Exercise 43 in...

Answered: 1 week ago

Question

★★★★★
New Deli is in the process of closing its operations. It sold its three-year-old ovens to Sicily Pizza for $ 341,000. The ovens originally cost $ 455,000 and had an estimated service life of 10 years...

Answered: 1 week ago

Question

★★★★★
You are considering two ways of financing a spring break vacation. You could put it on your credit card, at 16% APR, compounded monthly, or borrow the money from your parents, who want an interest...

Answered: 1 week ago

Question

★★★★★
Problem 9-7A (Part Level Submission) The intangible assets section of Bramble Company at December 31, 2016, is presented below. Patents ((68,100 cost less (6,810 amortization) Franchises (E39,700...

Answered: 1 week ago

Question

★★★★★
Problem 1 Rocco Corporation has a book net worth of P10,380. Long-term debt is P7,500. Net working capital, other than cash, is P2,105. Fixed assets are P15,190. How much cash does the company have?...

Answered: 1 week ago

Question

★★★★★
Tom and Nicky are partners of Syarikat Sharp, a hardware shop. Amy, a regular customer went to Syarikat Sharp to complain about a knife she bought from the shop a week ago. Tom became irritated and...

Answered: 1 week ago

Question

★★★★★
6 In the force integration functional area (FIFA) of __________, the organization and its field maintenance and/or sustainment structure have all required organizational facilities and support...

Answered: 1 week ago

Question

★★★★★
20. A charge of 10 nC is kept at the centre of a square of side 2 m. What would be the potential at the vertices of the square ABCD? Also, find the work done in moving a charge of 5 C from A to C.

Answered: 1 week ago

Question

★★★★★
22. A hollow cylindrical box of length 1 m and area of cross-section 25 cm is placed in a three dimensional co-ordinate system as shown in Fig. 3.63. The electric field in the region is given by...

Answered: 1 week ago

Question

★★★★★
(Appendices) Although workers compensation laws differ among the states, they have certain common features. Explain whether each of the following persons would be eligible for workers compensation...

Answered: 1 week ago

Question

★★★★★
(Appendices) James currently earns $3,000 per month. He has an individual disability income policy that will pay $1,800 monthly if he is totally disabled. The policy has a 60-day elimination period...

Answered: 1 week ago

Question

★★★★★
(Appendices) There is no single solution to reducing or eliminating the long-range actuarial deficit in the Social Security program. The Academy of Actuaries has a game that allows viewers to make...

Answered: 1 week ago

Previous QuestionNext Question