Answer:
Effect on income= $78,000 increase
Explanation:
Giving the following information:
Stryker Industries received an offer from an exporter for 26,000 units of a product at $17 per unit.
Unit manufacturing costs: Variable 14
Because it is a special offer that doesn't affect the current sales, we will not take into account the fixed costs.
Effect on income= 26,000*(17 - 14)= $78,000
Answer:
Quality strategy is related to quality. It is part of both market and product strategy. It includes innovating and formulating the Quality strategy by taking into account the market requirement and the abilities of the producer.
Quality is the key concern for some companies, they stand out from others by offering a quality product. Various factors influence this strategy, there are internal and external factors. The external factors include cultural and technological, customer needs, integration, and globalization, while the internal factors include skills and competencies in management, design, research, and technology.
Answer:
The answer is explained below:
Explanation:
An income statement is used for reporting thhe financial performance over an accounting period.
The other two statements are cash flows and balance sheet. Income statement is also called revenue and expense statement. It mainly focuses on a company's revenues and expenses during a particular period. It is important part of a company's performance reports.
A balance sheet only gives a glimpse of a company's financial but income statement tells the company's income in a particular time period.
Answer: Increase the treasury stock account and decrease the cash account by $36,000.
Explanation:
The journal entries that would be used to record the purchase of treasury stock will be to increase the treasury stock account and decrease the cash account by $36,000.
Note that the $36000 was calculated as:
= 1,000 shares × $36 per share
= $36,000
True. Microsoft sharepoint is an exmaple of a document management system. (DMS) A document management system is used to track and store documents to reduce the use and waste of paper. By keeping track of the information online, money is saved by way of ink and paper and there is less likelihood of lost information.