Answer:
Answer to every question is in the explanation section
Explanation:
a) On December 1 supplies are purchased for 2000$ cash.
b) Insurance premiums of the company were prepared for $1,540 cash on December 2.
c) The company received an advance payment of 13000$ cash on December 15.
d) For a remodeling work, the company received a payment of 3700$ cash in January.
e) The company has $1,840 of supplies accessible.
f) Insurance policy analysis shows that 340$ insurance coverage has expired.
3) 5570$ advance cash was received for a remodeling project
Answer:
Central Bank
Explanation:
A public authority that provides banking services to commercial banks and regulates financial institutions and markets is called a "Central Bank".
A Central Bank oversees the activities of commercial banks and creates regulations in order to control the activities of financial institutions.
Every commercial bank is answerable to the Central bank. This enables the central bank to provide the services needed by the commercial banks.
The Central bank is the apex financial institution.
Answer:
B. The zero based budget requires managers to re-justify every planned expenditure every year.
Explanation:
A zero based budget is one that does not take into account historical data when it is considering the present year budget. Each departmental requirement is re-evaluated and a new amount is assigned as budget for the year.
However conventional budgets carryover the previous year's expenses as a base data point. This results in similar budgeting across years.
So the main difference between the two is that zero based budget requires managers to re-justify every planned expenditure every year.
It is estimated that logistics costs including transportation, distribution center operations represent 25 to 30% of the retail price that you pay for a new car.
<h3>What is retail price?</h3>
The retail price is the price that a customer will pay when purchasing a product at a retail store. This is the final price that customers pay for the goods purchased.
Here, other expense cost are added before a retail price is decided by a seller so that they can have profit from the sale.
Hence, It is estimated that logistics costs including transportation, distribution center operations, and order processing represent 25 to 30% of the retail price that you pay for a new car.
Learn more about retail price here : brainly.com/question/12929999
Answer:
the contribution margin per unit is $5.75 per unit
Explanation:
The computation of the contribution margin per unit is shown below:
The Contribution margin per unit is
Contribution margin per unit= Contribution margin ÷ Sales units
= ($69,000 - $46,000 ) ÷ 4,000
= $5.75 per unit
Hence, the contribution margin per unit is $5.75 per unit
We simply applied the above formula so that the correct value could come
And, the same is to be considered
