Answer:
Single step income statement
Explanation:
The single step income statement is the simplest form in which an income statement is prepared, e.g.
Revenues:
- Sales revenues $100
- Interest income $20 $120
Expenses:
- Rent expense $30
- Utilities expense $10
- Wages and salaries $60 <u>($100)</u>
Income before taxes $20
Tax expenses <u> ($4.20)</u>
Net income $15.80
A multi-step income statement is more complex, since operating revenues and costs are reported first in order to determine operating income, then other revenues and expenses are introduced and income before taxes is calculated.
Answer:
26.66 or 27%
Explanation:
The computation of the margin of safety percentage is shown below:
Margin of Safety
= 100 - Break Even %
= 100 - 73.33
= 26.66 or 27%
Working Note
Sales (3,000 units) $60,000
Less: Variable expenses -$42,000
Contribution margin -$18,000
CM Ratio (A) 30.00%
Fixed expenses (B) 13,200
Break Even Point C = B ÷ A 44,000
Break Even % of Total Sale 73.33%
Answer:
Explanation: A. Shadow price has not changed because Shadow price show value of a commodity without considering final cost.
B. Change in value 180 - 150/180 X 100 = 16.7
C. The optimal solution didn't change because the product price went from it highest profit 180 to it's least cost 150
Answer:
A change in quantity demanded is caused only by
A) price
B) a shift
C) Market
D) Income
The answer is Price(A)
Explanation:
Hope this helps :D
Answer:
Answer is given in the explanation
Explanation:
1. Racial predisposition; this research violates very basic ethical code of racial discrimination. There is no way that a researcher can be allowed to target a specific group of people based on their biological race. This type of discrimination hinders the authenticity of research and have far reaching repercussions for the target group as well as the whole society.
2. Electroshock therapy; this research’s target population is preteens and adolescents, experimenting such an extreme punishment on them has no justification. This causes direct harm to the children. Besides the electroshock are used on chronic psychic patients not on general public not even adults let alone the preteens.
3. Health Problems, Diet, and Socioeconomic Status; this research proposal is better than the previous two proposals but it has some ethical regarding the consequences of the publicly published findings. Rather it would be more effective to keep these findings to the policy makers and work for the betterment of the lower status peoples so that they can also eat healthy diet.
