Business, 23.04.2021 16:10 ethannila

James, Inc., has purchased a brand new machine to produce its High Flight line of shoes. The machine has an economic life of 6 years. The depreciation schedule for the machine is straight-line with no salvage value. The machine costs $594,000. The sales price per pair of shoes is $87, while the variable cost is $37. Fixed costs of $295,000 per year are attributed to the machine. The corporate tax rate is 22 percent and the appropriate discount rate is 10 percent. What is the financial break-even point?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 13:00, ellemarshall13

Revising for clarity business writers appreciate messages that are clear and understandable. proofreading and evaluating your work will you compose messages that are clear, concise, and direct. revise for clarity by eliminating trite phrases, avoiding jargon and slang, and dropping cliché́s. why do some people fail to write clear and concise messages? they always tell the truth. they write to express and impress. they write to impress instead of express.

Answers: 1

continue

Business, 22.06.2019 15:50, jackievelasquez7881

Singer and mcmann are partners in a business. singer’s original capital was $40,000 and mcmann’s was $60,000. they agree to salaries of $12,000 and $18,000 for singer and mcmann respectively and 10% interest on original capital. if they agree to share remaining profits and losses on a 3: 2 ratio, what will mcmann’s share of the income be if the income for the year was $15,000?

Answers: 1

continue

Business, 22.06.2019 23:00, Bmurphy17

If the reserve requirement is 10 percent, what amount of excess reserves does a bank acquire when a business deposits a $500 check drawn on another bank?

Answers: 2

continue

Business, 22.06.2019 23:40, jaycobgarciavis

John has been working as a tutor for $300 a semester. when the university raises the price it pays tutors to $400, jasmine enters the market and begins tutoring as well. how much does producer surplus rise as a result of this price increase?

Answers: 1

continue

You know the right answer?

James, Inc., has purchased a brand new machine to produce its High Flight line of shoes. The machine...