The best advice for concluding a presentation is by having
to review major points as it is essential to be able to deliver your main
purpose or the important information you want to deliver to your audience and
in the same time, the individual should focus on what he or she wants for his
or her listeners to think, remember and even do.
Answer:
The correct option is A:
cost of goods sold 10,750
merchandise inventory 10,750
Explanation:
When goods are bought for resale,the total cost of the goods bought is usually the invoice price paid as well as the cost of bringing in the goods i.e freight,hence the cost of the goods sold here is the invoice price of $10,000 plus the freight of $750,giving total cost of $10,750
When the goods are sold,merchandise inventory would be credited with $10,750 while cost of goods sold is debited with same amount.
The correct option is first one with cost of goods sold debited with $10.750 and merchandise inventory credited for $10,750
Answer:
500 units
Explanation:
The computation of the sales units in volume to achieve the desired profit is shown below:
= (Fixed cost + target profit) ÷ (contribution margin per unit)
= ($3,000 + $500) ÷ ($5 × 60% + $10 × 40%)
= $3,500 ÷ 7
= 500 units
Hence, the sales units in volume to achieve the desired profit is 500 units
The above formula should be applied to determine the sales units
hence, the same would be considered
Answer:
$687,000
Explanation:
Intangible Assets are identifiable assets of a non-monetary asset and without physical substance. Intangible assets include trademarks, copyrights and goodwill that is acquired.
Important to note that Internally generated Goodwill is not defined as an assets. Thus, deposits with advertising agency of $35,000 are not included within tangible assets
<u>Calculation of Total Intangible Assets will be :</u>
Intangible Assets Calculation = (Copyrights) $ 58,000 + (Goodwill Acquired) $560,000 + (Trademarks) $69,000
= $687,000
Therefore,
Sandhill's balance sheet as of December 31, 2021 should report total intangible assets of $687,000
The space between a cover letter closing and the author's typewritten name is called the signature line. This would be the space where you would either physically sign your name with a pen above the type written name once you have printed the letter out or if you are sending it electronically where you would insert a copy of your signature. You must always have a signature on cover letters.
