1) Swifty corporation reported sales of $2000000 last year (100000 units at $20 each), when...
70.2K
Verified Solution
Link Copied!
Question
Accounting
1) Swifty corporation reported sales of $2000000 last year (100000 units at $20 each), when the break even point was 85,000 units. Swifty is margin of safety ratio is A. 18% B. 85% C. 115% D. 15% 2) The amount you must deposit now in your savings account, paying 6% interest, in order to accumulate $6000 for your first tuition payment when you start college in 3 years is A. 4900 B. 5038 C. 5260 D. 4230
A. 18%
B. 85%
C. 115%
D. 15%
2) The amount you must deposit now in your savings account, paying 6% interest, in order to accumulate $6000 for your first tuition payment when you start college in 3 years is
A. 4900
B. 5038
C. 5260
D. 4230
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.