Which occupation has the most fatal injuries?

The internal financial statements of Vera Incorporated show that their beaded purses incurred an operating loss in the most rece

brilliants [131]

Answer:

Vera Incorporated

Change in annual operating income from discontinued business:

Annual Operating Income would reduce by $78,000.

Explanation:

a) Calculation of the Net Income Lost:

Loss of Contribution ($99,000)

Avoidable fixed cost $21,000

Reduction of Income ($78,000)

b) The line of purses contributes $80,000 towards the company's fixed cost. Therefore, discontinuing this line of business would lead to the loss of this steam of income. The amount of reduced operating income will be $78,000 ($80,000 - 2,000).

4 0

3 years ago

One role of environmental science in the society

nalin [4]

To study and better the enviorment

3 0

3 years ago

Margie has had a tough month. First, she had dental work that cost $700. Next, she had her car transmission rebuilt, which c

motikmotik

Answer:

Calculate amount of annual interest:

The simple interest rate is the percentage of the credit that should be paid as interest on yearly basis. The amount of interest should be paid per year on a loan.

Miss. Margie has spent $700 for dental work and $1,400 for car transmission rebuilt. She has made both transactions on her credit card. If she does not pay credit balance of $2100, she will be charged 21 percent interest.

Calculate the annualized interest expenses.

Miss. Margie should pay annual interest if she does not pay off credit card balance. She has a credit balance of $2100. The interest rate on credit balance is 21 percent.

Annual Interest = Amount owned x Interest rate

Annual Interest = 2,100 x 0.21

Annual Interest = 441

Annual interest on credit card balance is $441

Money market investment is a high-liquid, and short term securities containing commercial paper. Treasury bill, banker's acceptance, promissory note.

Calculate the amount of interest received on money market investment. Miss. Margin has a money market account with $15.000. On this account she receives 3 percent interest.

So, the total interest earned on a money market account is:

Annual Interest = Amount x Interest rate

Annual Interest = 15,000 x 0.03

Annual Interest = $450

Miss. Margin has got $450 as annual interest on money market account of $15000 with the interest rate of 3 percent.

To calculate the amount of annual interest, she should write a check of 2,100 for pay off credit card balance, a money market account shows the balance of 12,900. The interest rate is 3 percent.

Annual interest = Amount x interest rate

Annual interest = 12,900 x 0.03

Annual interest = $387

If she should write the check out of her money market account she gets interest of $387.

So, she will lose the interest of $63

Miss. Margin should write the check'. She is able to cover credit card bill from money market account. It is always better to payoff credit card bill in full from income or saving than to pay credit card balance with interest on due balance.

If she pays credit card due balance from money market account, she will not have to pay interest charges

8 0

3 years ago

Read 2 more answers

Key activities of supply management include negotiations, logistics, contract development and administration, inventory control

Archy [21]

The answer is true.

Supply management is one of the pillars of marketing. Supply management includes logistics, acquiring and managing resources either goods or services which are needed to run the organization. 
The main goals of the supply management are:

- Control costs
- Efficient allocation of resources
- Gathering sufficient information to be used in strategic business decisions.

3 0

3 years ago

For each of the following items, indicate whether it would be classified as an (O) operating activity, an (I) investing activity

dmitriy555 [2]

Answer:

The categorization is shown below:

Explanation:

The cash flow statement includes three types of activities which are listed below:

1. Operating activities: It involves those transactions that after net income affect the working capital. It will subtract the rise in current assets and a reduction in current liabilities, while adding the reduction in existing assets and a rise in current liabilities.

This will moderate the adjustments in working capital. In addition, the depreciation expenses are applied to the net profit and the loss on the selling of assets is added, while the gain on the sale of assets is excluded

2. Investing activities: it tracks operations that involve purchasing and selling long-term properties. Purchase is cash outflow while selling is cash inflow

3. Financing operations: it tracks transactions that have an impact on long-term debt and equity balance of shareholders. Share issue is a cash inflow while redemption and dividend are cash outflows.

Therefore, the categorization is shown below:

(1) Received cash dividends from investments in trading securities. = an (I) investing activity

(2) Collected accounts receivable from customers.= an (O) operating activity

(3) Issued bonds payable for cash.= a (F) financing activity

(4) Paid wages to employees. = an (O) operating activity

(5) Issued stock for cash. = a (F) financing activity

(6) Sold equipment for cash. = an (I) investing activity

(7) Purchased land in exchange for a note payable. = a significant (N) non-cash financing and investing activity

(8) Paid cash dividends. = a (F) financing activity

(9) Received interest from investments in trading securities. = an (I) investing activity

(10) Purchases of land for cash. = an (I) investing activity

7 0

3 years ago