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Blababa [14]
2 years ago
6

On which financial statement and at what amount are accounts receivable reported?.

Business
1 answer:
irakobra [83]2 years ago
7 0
Balance Sheet. Accounts receivable is a current asset and is money due to the company from other entities.
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Helpful hardware sells windows (80% of sales) and doors (20% of sales). the selling price of each window is $580 and of each doo
kow [346]

The weighted-average contribution margin of Helpful hardware which sells windows and doors is $216.

<h3>Calculation of Weighted-Average Contribution Margin</h3>

The weighted-average contribution margin can be calculated using the following formula:

Weighted-average contribution margin = (Contribution margin of windows * Percentage sales contribution of windows) + (Contribution margin of doors * Percentage sales contribution of doors) ……….. (1)

Where:

Contribution margin of windows = Selling price of each window - Variable cost of each window = $580 - $385 = $195

Percentage sales contribution of windows = 80%

Contribution margin of doors = Selling price of each door - Variable cost of each door = $1,180 - $880 = $300

Percentage sales contribution of doors = 20%

Substituting all the values into equation (1), we have:

Weighted-average contribution margin = ($195 * 80%) + ($300 * 20%) = $216

Therefore, the weighted-average contribution margin is $216.

Learn more about weighted-average contribution margin here: brainly.com/question/17054087.

7 0
2 years ago
Swift Company purchased a machine on January 1, 2016, for $900,000. At the date of acquisition, the machine had an estimated use
rosijanka [135]

Answer:

the correct answer is $90,000

Explanation:

900,000÷6=150,000

150,000×3=450,000

450,000÷5=90,000

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7 0
3 years ago
Foxtrot Processing Corp. uses a new technology that allows it to produce standard goods in an economical way. In contrast, its c
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Answer:

Low cost strategy

Explanation:

With low-cost leadership, the company maintains an advantage because it has a lower cost than its competitors. For example, if two companies make essentially identical products that sell at the same price in the market place, the one with the lower costs has the advantage of a higher level of profit per sale

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3 years ago
Read 2 more answers
What is service enterprise​
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A Service Enterprise is an organization that strategically leverages volunteers to achieve operational efficiency and greater social impact. Service Enterprises are among the top 11 percent of nonprofits in the country in volunteer management and organizational performance.
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3 years ago
The cases filed with HR at The Cross Company are concerning in that most of the classes that are protected by the CRA may have b
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Answer: Political Preference

Explanation: You cannot judge anyone based on their political views.

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3 years ago
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