Answer:
Explanation:
Investing activities are largely related to the acquisition of long term assets that are involved in the financial planning of a company's activities
The items of investing activities in the question are sales of land , purchase of equipment and office equipment . Please note that the gain on disposal of asset is not recognized because it is a non cash income.
The other items belong to financing activities.
Sales of land - 45
Equipment acquisition (18)
Office equipment (40)
Net cash flow (13)
Answer:
The answer is <u>"Resale price maintenance".</u>
Explanation:
Resale price maintenance refers to an authoritative arrangement which was made between a producer and a merchant whereby the wholesaler agrees to comply with expressed resale value minimums or maximums.
Resale price maintenance is a typical strategy which is utilized by producers that need to keep up a specific brand picture in the commercial center by keeping resale value focuses inside a specific range.
Answer:
1. Gateway Bank
3. White Shark Fishing Company
Explanation:
In the scenario being described the two entities that have an insurable interest in Jake or his property would be Gateway Bank and The White Shark Fishing Company. The Bank has an insurable interest because if something where to happen to Jake they would most likely incur the loss of $800,000 that Jake borrowed, the same goes for the boat since without the boat Jake can't earn income to pay back the loan. The White Shark Fishing Company on the other hand entrusts Jake with their cargo, meaning if anything happens to Jake or the Boat they would lose all of their cargo that Jake is transporting. This would cause them to have to incur those loses.
b. If Jake operated the boat on behalf of the White Shark Fishing Company he would have an insurable interest on the boat since he would lose the income that he makes with the boat. Also, if Jake has a contract and is responsible for the boat he might even have to incur the damages for the boat.
Answer:
The classified list of items is as follows:
(a) Issuance of ownership shares - Common stock
(b) Land purchased - Asset
(c) Amounts owed to suppliers - Liability
(d) Bonds payable - Liability
(e) Amount earned from selling a product - Revenue
(f) Cost of advertising - Expense
Hence, all the items are classified as asset, liability, revenue, common stock and expense.
Answer:
$4,812,500 Dollar sales to achieve EBT of 1,125,000
Explanation:
The goal would be to calcualte the break even formula adding in the dividend the target profit:
Where:
Where:
So first step
$450 Sales - $270 Variable Cost = $180 Contribution Margin
Second:
180/450 = 40% CM ratio
Finally:
