Answer:
Vaughn must sell 1588 Units in 2020 to maintain the same income level as 2019
Explanation:
Selling price for 2020 = 500 per unit
Variable cost for 2020 = 300 x 10% + 300
= 300 x 0.1 + 300
= 30 + 300
= 330 per unit
Fixed cost for 2020 = 240000-10000
= 230000
Required unit = (Fixed cost+Net income)/Contribution margin per unit
= (230000+40000) / (500-330)
= 270000 / 170
= 1588.24
Required unit = 1588 Units
Answer:
The correct answer is bivariate correlation, two, direction, strength
Explanation:
The correlation is based on linear association, that is, when the values of one variable increase the values of the other variable can increase or decrease proportionally. For example, height and weight have a positive linear relationship, as height increases the weight increases. If we plot a point with both variables the point cloud will resemble a diagonal if there is a correlation between the variables.
Answer:
Deal, Inc. working capital will be overstated while there will be a nil net effect on cash flows from operating activities.
Explanation:
The working capital of an entity is the difference between the entity's current asset and current liabilities at a given time or period. The operating activities of the cash flow statement is where the net income and changes in current liabilities are considered in the cash flow statement.
As such, when a company fails to accrue for sales salaries On December 31, Year 4, and the salaries are payable on January 6, Year 5, the current liabilities of the company would be understated and as such, it's working capital will be overstated.
Also, the net income will be understated as the corresponding entry in the accrual for sales salaries is an expense. Also, the ending balance of accrued sales salaries will be understated result in a nil effect on the operating activities of the cash flow.
Answer:
The correct answer to the following question is C) counter cyclical fiscal policy.
Explanation:
Counter cyclical fiscal policy can be defined as a strategy implemented by the government to counter boom or recession in the economy through the fiscal measures. This opposite approach which government uses, like if there is recession in the economy, where demand is low and growth rate is also low, then government here would employ counter cyclical policy where they will reduce taxes and increase the expenditure, which will lead to increase in demand and growth rate, and thus would help in stabilizing economy.
