Answer:
See below
Explanation:
Given the above information,
Sales
= ($11.90 × 3,300) + ($24.9 × 1,910)
= $39,270 + $4,7559
= $86,829
Total variable cost
= ($5.75 × 3,300) + ($12.5 × 1,910)
= $18,975 + $23,875
= $42,950
Contribution margin = $43,979
Fixed cost = ($2,120)
Depreciation = ($1,600)
EBIT = $40,259
Tax = ($40,259 × 0.40) = $16,104
Depreciation = $1,600
Net operating cash flow = $22,555
Answer:
The Journal entry are as follows:
(i) On May 31,
Miscellaneous Expense A/c Dr. $50
To cash A/c $50
(To record bank service charges)
(ii) On May 31,
Supplies A/c Dr. $18
To cash A/c $18
(To record difference in recording)
Workings:
Supplies = $97 - $79
= $18
Answer:
Net Sales for the month ended is equal to $9,702.
Explanation:
Sale = 100 x $100 = $10,000
Discount = $10,000 x 1% = $100
Sales Return = $198
Net Sales = Sales Price - Sales Discount - Sales Return
Net Sales = $10,000 - $100 - $198
Net Sales = $9,702
Net Sales for the month ended is equal to $9,702.
$20 is an expense and it is not an contra revenue account. So, it is not considered in net sales calculation.
The correct answer is Journalism
Explanation:
Journalism is one of the careers that most require the use of communicative and research skills. This is because journalists are expected to gather information about important local, national and global events, which requires the use of research skills, and later they are expected to communicate the information precisely, concisely, and confidently, which requires the use of communicative skills. In this context, the career Sam is preparing for is journalism because this is the only one from the options that would require Sam to research and then communicate information confidently.
Answer:
Explanation:
Omaha Miami
Earnings Earnings Value of Quality Life Expense to Move to Miami Net Value Difference in Value
Alex 200000 180000 40000 5000 215000 15000
Bobby 120000 150000 40000 5000 185000 65000
Cory 315000 300000 25000 5000 320000 5000
Dana 150000 100000 25000 5000 120000 -30000
Tied mover – any person who moves with their partner even if the person's employment is better at the present location.
Assuming all the friends agree on moving to Miami, Dana will compromise in value, therefore, Dana is the Tied Mover.
Tied Stayer – any of them who stays with the partner at current location even if the person's employment opportunity is better somewhere else.
Assuming all the friends decided to be in Omaha, Alex, Bobby and Cory will compromise in value, therefore, Alex, Bobby and Cory are the Tied Stayers.
