Nelson manufacturing has the following data:
variable costs are 60% of the unit selling price.
the contribution margin ratio is 40%.
the unit contribution margin is $500.
the fixed costs are $500,000.

which of the following does not express the break-even point?

a. $500,000 / $500 = x
b. $500,000 / .40 = x
c. $500,000 + .40x = x
d. $500,000 + .60x = x

How did lani lazzari show her investors she was a good investment? (site 1)

Grey company holds an overdue note receivable of $800,000 plus recorded accrued interest of $64,000. the effective interest rate is 8%. as the result of a court-imposed settlement on december 31, year 3, grey agreed to the following restructuring arrangement: reduced the principal obligation to $600,000.forgave the $64,000 accrued interest.extended the maturity date to december 31, year 5.annual interest of $40,000 is to be paid to grey on december 31, year 4 and year 5. the present value of the interest and principal payments to be received by grey company discounted for two years at 8% is $585,734. grey does not elect the fair value option for reporting the debt modification. on december 31, year 3, grey would recognize a valuation allowance for impaired loans of

How many months does the federal budget usually take to prepare