27. At breakeven point i. ii. iii. iv. a) b) total revenue equals total cost total revenue> total cos total revenue < total cost business neither makes a profit nor loss i, ii i, iii i, ¡A
27. At breakeven point i. ii. iii. iv. a) b) total revenue equals total cost total revenue> total cos total revenue < total cost business neither makes a profit nor loss i, ii i, iii i, ¡A
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter6: Accounting For Financial Management
Section: Chapter Questions
Problem 3P
Related questions
Question
![27. At breakeven point
i.
ii.
total revenue equals total cost
total revenue > total cos
total revenue < total cost
business neither makes a profit nor loss
a) i, ii
b) i, iii
i, iv
d) ii, iii
Use the information below to answer question 28-34
Jadon received an amount of GHe1000 from his grandpa as a birthday gift. He decides to
invest the money at 10% for five years.
28. Based on simple interest, ascertain the interest receivable at the end of the investment
period.
a) GH 100
(6) GH 500
c) GH 610
d) GH#645
29. What is the amount receivable at the end of the five years?
a) GH¢1,629
b) GHél,100
(c)) GH1,500
d) GH#1,200
30. What is the amount receivable if compounding is done annually?
(a) GHe1,610
b) GHe1,620
c) GH¢1,630
d) GH¢1,640
31. Ascertain the future value if compounding is done semi-annually.
a) GH¢1,635
b) GH#1,632
c) GH¢1,629
d) GH#1,626
a) GH¢1,635
32. Ascertain the future value if compounding is done quarterly.
b) GH 1,639
c) GH 1,640
d) GH 1,645
a) GH#1,645
33. Ascertain the future value if compounding is done monthly.
b) GH#1,646
c) GH#1,647
d) GHe1,648
111.
IV.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb15c78e1-68e5-4274-936d-7f9d6ff310d7%2F1e65dabf-18e1-4f1c-9bb7-63c192b29517%2F7cvknlq_processed.jpeg&w=3840&q=75)
Transcribed Image Text:27. At breakeven point
i.
ii.
total revenue equals total cost
total revenue > total cos
total revenue < total cost
business neither makes a profit nor loss
a) i, ii
b) i, iii
i, iv
d) ii, iii
Use the information below to answer question 28-34
Jadon received an amount of GHe1000 from his grandpa as a birthday gift. He decides to
invest the money at 10% for five years.
28. Based on simple interest, ascertain the interest receivable at the end of the investment
period.
a) GH 100
(6) GH 500
c) GH 610
d) GH#645
29. What is the amount receivable at the end of the five years?
a) GH¢1,629
b) GHél,100
(c)) GH1,500
d) GH#1,200
30. What is the amount receivable if compounding is done annually?
(a) GHe1,610
b) GHe1,620
c) GH¢1,630
d) GH¢1,640
31. Ascertain the future value if compounding is done semi-annually.
a) GH¢1,635
b) GH#1,632
c) GH¢1,629
d) GH#1,626
a) GH¢1,635
32. Ascertain the future value if compounding is done quarterly.
b) GH 1,639
c) GH 1,640
d) GH 1,645
a) GH#1,645
33. Ascertain the future value if compounding is done monthly.
b) GH#1,646
c) GH#1,647
d) GHe1,648
111.
IV.
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