Answer:
Option (b) is correct.
Explanation:
Given that,
Budgeted sales in September = $260,000
Budgeted sales in October = $375,000
Budgeted sales in November = $400,000
Percent of merchandise sells for cash = 30%
Percent of merchandise sells on account = 70%
Out of the credit sales,
80% are expected to be collected in the month of the sale.
20% in the month following the sale.
Therefore, the cash collections in September from accounts receivable will include only 80% of the credit sales in September as Nuthatch corporations starts its operation on September 1, hence there will be no sales in August.
Cash Collections From Accounts Receivables;
= 80% of the credit sales in September
= 0.8 × (70% × $260,000)
= 0.8 × $182,000
= $145,600
I think option 2
because use have the extra 100 units and you need 600
Answer:
$17,000
Explanation:
The computation of the amount of the depreciation expense using the straight-line method is shown below:
= (Purchase value of an equipment - estimate salvage value) ÷ (useful life)
= ($90,000 - $5,000) ÷ (5 years)
= ($85,000) ÷ (5 years)
= $17,000
All other information which is given is not relevant. Hence, ignored it
Answer:
15%
Explanation:
Catherine is a departmental manager at Richardson
She earns $68,300 every month
She has family health care
Her employer contributes $935 every year towards total coverage Cost
The first step is to calculate the total contribution
Catherine rate for health care is $165 since her monthly pay is higher than $55,000
Total contribution = $165 + $935
= $1,100
Therefore the percent in which Catherine contributes towards total coverage can be calculated as follows
= 165/1,100 × 100
= 0.15 × 100
= 15%
Hence Catherine contributes 15% towards the total coverage
A blue ocean strategy differs from a low-cost strategy in that "the intent of a blue ocean strategy is not to be the absolute lowest-cost provider because a blue ocean must also increase perceived value".
<u>Option: A</u>
<u>Explanation:</u>
Based on the notion that each business will make higher profits by developing new competition in the non-competitive market, a so-called blue ocean, thus known as "Blue Ocean Strategy". The technique emphasizes on the ability to produce a dominant market segment and exclude rivals from the competition. For an instance the Nintendo Wii released in 2006 and the idea of worth creativity is at its heart.
The true winner in a low cost approach is the business with the lowest actual cost in the commodity market. For instance, if two companies have made extremely similar goods that sell on the marketplace at almost the same price, the one with the reduced costs has the benefit of a higher profit per sale.
