An asset earned from operations is known as revenue, or more precisely as net income (the net value of assets earned (revenue) minus assets sacrificed (expenses)). A percentage of this net income is given back to shareholders as dividends. The portion that stays in the company, presumably to be reinvested into the business, is called Retained Earnings.
Answer:
The $600 which is the meal contract must be included in gross income
Explanation:
Robin's gross income from this employment is that the $600 which is the meal contract must be included in gross income reason been that
Robin had receive meals in which the meals were not been provided for the convenience of the employer which means the value of the meals had to be included in gross income.
Answer:
The Answer is B. Quantitative data
Explanation:
The testing on the golf club, determined a improvement in the driving distance and this was measured numerically and showed in form of a percentage in comparison with average measurements.
When the information is presented with numerical data support, we can say its a quantitative data, because it tells us "how much?".
When the information is presented just with adjetives, telling us about the performance its a qualitative data, because it tell us "how things happened?"
A control variable is the data that is going to modified in order to see changes is the independent variable. In this case, the control variable could be the weight of the club (assumption), and the independent variable the driving distance data(not percentage).
Answer:
Indifferent selling price =$67 per units
Explanation:
The selling at which Mel rose would be economically be indifferent between accepting and rejecting the special order from Moore is that that equates the relevant cost of making to the revenue from t
Relevant variable cost making
= 22.80 + 18.60 + 14.20 + (75%×12.80) = $65.2
$
Variable cost of special order (= $65.2
× 3,500)= 228,200
Cost of machine <u>6,300</u>
Total relevant cost of special order <u>234,500
</u>
<u>
</u>
The price at which Melrose would be indifferent
= total relevant cost/ number of units
$234,500/3500 units
=$67 per units
