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4 years ago

I have been struggling with quizzes

Business

2 answers:

Rudiy274 years ago

6 0

Answer:

same here

Explanation:

snow_lady [41]4 years ago

5 0

Answer:

What can I help with?

Explanation:

You might be interested in

Gardner Corporation manufactures skateboards and is in the process of preparing next year's budget. The pro forma income stateme

Serhud [2]

Answer:

$636,364

Explanation:

Calculation to determine what The break-even point for Gardner Corporation for the current year is

First step is to calculate the Variable costs

Variable costs = $250,000 + $150,000 + $75,000 + $200,000

Variable costs = $675,000

Second step is to calculate the Contribution margin ratio

Contribution margin ratio = (Sales - Variable costs) / Sales

Contribution margin ratio= ($1,500,000 - $675,000) / $1,500,000

Contribution margin ratio= 0.55*100

Contribution margin ratio = 55%

Now let calculate the Break-even point

Break-even point = Fixed costs / Contribution margin ratio

Break-even point= ($100,000 + $250,000) / 0.55

Break-even point = $636,364

Therefore The break-even point (rounded to the nearest dollar) for Gardner Corporation for the current year is:$636,364

6 0

3 years ago

Sue peters is the controller at vroom, a car dealership. dale miller recently has been hired as the bookkeeper. dale wanted to

vivado [14]

Since dale has admitted that he has used it for his own gas, Dale should henceforth has to options.He has to either see whether that is according to his salary package, If it is a miscellaneous expenses it is rather too high for Dale to use that $450. He should track in fuel cost of Dale report it on a daily basis. He should always at the end of the day check his income and expenses.

Explanation:

Sue needs to check his income expenses on a daily basis.
He should confront Dale henceforth not use cash for personal use.
He should collect the money Dale should show the receipt to Sue.
He should let sue control the money.
It has a deficit because, He did not manage to keep the money align.
Dale used for personal expenses totally against the business loss.

7 0

3 years ago

Tidewater, Inc., requires its job applicants to take a test that measures their vocabulary and numerical skills. For specific jo

Nataly_w [17]

Answer: performance

Explanation:

When the job applicants for specific jobs are told to perform a sample of the job, this implies that the company is using a performance test.

Performance test simply refers to a test that requires the individuals partaking in it to perform an activity using their skills, ability and knowledge.

6 0

3 years ago

Anderson Company acquires Thompson Company by paying $30 million in cash. The fair value of the identifiable assets acquired is

bonufazy [111]

Answer:

The fair value of the assets of the identifiable assets of Thompson company are $38 million and the fair value of identifiable liabilities is $6 million. So if we were to find the value of Thompson company just on the basis of identifiable assets and identifiable liabilities we would subtract the identifiable liabilities from the identifiable assets.

38-6= $32 million.

This means that on the basis of Identifiable assets and identifiable liabilities the value of Thompson company is $32 million but they Anderson Company $ 30 million for the company which means that the company has a negative goodwill. The negative good will is the price paid - the fair value.

30 million - 32 million = -2 million

This means that Anderson Company will record -2 million as negative goodwill and this implies a bargain purchase which means Anderson company will record this 2 million as a gain on their income statement.

Explanation:

5 0

3 years ago

tatyana61 [14]

There aren't very many similarities in modern and ancient medicine, however one othe similarities would be acupuncture. We still use acupunture today" as the ancient Chinese did thousands of years ago.

8 0

4 years ago