Answer:
a. According to the company's accounting system, what is the net operating income earned by product D14E? (Net losses should be indicated by a minus sign.)
b. What would be the financial advantage (disadvantage) of dropping product D14E? Should the product be dropped?
- financial disadvantage of discontinuing the produce is -$68,000, so the company should not discontinue the product since its losses would increase
Explanation:
total sales $670,000
- variable expenses $295,000
- fixed manufacturing expenses $246,000
- fixed selling and administrative expenses $194,000
net loss = $65,000
if product D14E is discontinued, $196,000 + $111,000 = $307,000, of fixed expenses can be avoided, but $133,000 are not avoidable. if the company discontinues the product, its losses will increase by $133,000 - $65,000 = $68,000
Answer:
$5,500
Explanation:
The computation of the cash required is shown below:
= Loan amount on property × remaining percentage - additional deposit
= $80,000 × 10% - $2,500
= $8,000 - $2,500
= $5,500
The remaining percentage would be
= Percentage - given percentage
= 100% - 90%
= 10%
The difference which comes is the cash requirement after considering the loan amount and the additional deposit
<span>The carbon dioxide (CO2) is the response variable. When analyzing statistics it is important to understand the difference between independent and dependent (response) variables. In this example, the oil is the independent because it is being changed, whereas the carbon is the response because it 'responds' to the oil and the amount of oil that is used.</span>
Answer:
May list assets and liabilities from least liquid to most liquid.
Explanation:
According to International Financial Reporting Standards IFRS the companies may list their available assets and liabilities in descending order of most liquid to least liquid. It enables the users financial statements to easily assess the time assets will take to be converted into cash. Therefore cash is considered as most liquid and is first item to be presented on the Balance sheet of the company under current assets account.
Answer:
Gross Domestic Product
Activities included and excluded:
1. The gross domestic product (GDP ) of the United States is defined as the monetary value of all finished goods and services in a given period of time. The important thing to note here is that GDP is the market value of all final goods and services produced within a country in a given period of time. This means that intermediate goods are not included.
2. Indication of Inclusion or Exclusion in 2018 GDP:
a) Calculo = excluded
b) Rotato = included
c) An accountant = excluded because of year, 2019
d) Fastline = included
e) Awake = included
Explanation:
1) The importation of the calculator into the United States does not form part of domestic production, and as such will be excluded.
2) Rotato's production on September 25, 2018 will be included, with an exclusive focus on whether the production of the set of tires increases GDP directly.
3) The accountant's work would have been included if it were done in 2018.
4) Fastlane's production will be included.
5) Awake's production will be included.
