Profit can be found by subtracting revenue from expenses.
The profit for Deal A is $100,000 - $10,000 = $90,000
The average profit as a percentage of revenue for the stadium for Deal A is Average profit divided by revenue multiplied by 100. That is 90,000/100,000 x 100 is 90%
The profit for Deal B is $50,000 - $20,000 = $30,000
The average profit as a percentage of revenue for the stadium for Deal B is Average profit divided by revenue multiplied by 100. That is 30,000/50,000 x 100 is 60%
Answer:
Land 112,980
Explanation:
The driveway and parking lot are not part of the land. That is a decision of the company and will be applied on a diferent account, Parking lot
All the other cost are required to acquire the land and leave the land ready to use.
The salvage for the demolition decrease the cost for the land.
Purchase 84,500
demolition 9,100
salvaged materials (1,880)
atorney's fee 1,380
broker's fee 4,980
architect's fee 14,900
Total 112,980
The correct answers are as follows:
1. The primary stakeholders of a business are defined as those individuals who engage internally in economic transactions with the company. Primary stakeholders have direct interests in the company and they are affected by the policies, objectives and the actions of the company.
Secondary stakeholders are those individuals who do not have direct interest in the company.
2. SHAREHOLDERS AND CUSTOMERS are some of the primary stakeholders of a business. Other examples of primary stakeholders are: suppliers, creditors, employees, investors, etc.
The primary stakeholders of a company depend on the financial well being of the company for their own benefits and the company also depends on their efforts in order to succeed.
3. THE GENERAL PUBLIC AND THE COMMUNITY IN WHICH A COMPANY IS LOCATED are some of the secondary stakeholders of a business. Other examples of secondary stakeholders are: the media, business support groups and activist groups.
It is very important for a company to identify and work with its secondary stakeholders. Companies who recognize and cooperate with their secondary stakeholders usually achieve good reputation and goodwill and always get supports for their expansionary efforts.
Answer:
$10,290
Explanation:
Famous Furniture
Sales of Dining set $850 each
Less cost of each dining set $350 each
Balance $500
Sales 30×500
=$15,000
Hence:
$15,000– (30 ×$850)(.06) – $1,800 – $600 – $780
=$15,000-$1,530-$1,800-$600-$780
=$10,290
Therefore the total profit on units sold for the consignor is $10,290
Answer:
1. February – Budgeted direct labor hours = 378; Budgeted direct labor cost = $3,024.
2. March – Budgeted direct labor hours = 413; Budgeted direct labor cost = $3,304.
Explanation:
1. February direct labor budget:
a. Number of direct labor-hours budgeted for February = 0.07 * 5,400 = 378 labor hours
b. February budgeted direct labor cost = 378 * $8.00 = $3,024
2. March direct labor budget:
a. Number of direct labor-hours budgeted March = 0.07 * 5,900 = 413 labor hours
b. March budgeted direct labor cost = 413 * $8.00 = $3,304.00
