A thearter is kept open for an advertisement to allow people to view or have an idea of the movies to be shown in the evening.
<h3>What is a business strategy?</h3>
Business strategy is a list of actions and decisions made by a company or organization to reach its goals and objectives.
Opening theater in the afternoon is a business strategy and it is an approach to create awareness of what their programs will be.
Therefore, A theater is kept open for an advertisement to allow people to view or have an idea of the movies to be shown in the evening.
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Learning strategy is the <u>independent </u>variable and word retention is the <u>dependent </u>variable.
A dependent variable is the thing that is being measured or tested by changes in the independent variable. Spurling wanted to test how word retention <em>depended </em>on different learning strategies.
$500,000
Break even =(fixed costs - contribution margin)
Contribution margin is Price of item- variable costs ($1- 30 cents/per item=.7)
$350,000/.7 = $500,000
Answer:
To evaluate the choice, we have to calculate the present value of future cash flows and compare it with the cost. We use the following formula
present value = C × [ 
]
where
C = yearly payments = 75000
i = interest rate = 8%
n = no. of years = 15
put the given values in above equation, we get
Present value = 75000 ×8.559478688
= 641,961
Since the present value of cash flow 641,961 is less than the cost 750,000, I would not recommend it.
If Interest rate = 5%, then:
Do the same procedure as above but take i=5%
Present value = 75000 × 10.37965804
= 778,474
Since the present value of future cash flows 778,474 is greater than the cost 750,000, I would recommend it.
Answer:
Date Account Dr. Cr.
Dec 30 Wages Expense 4,000
Wages Payable 4,000
Explanation:
Employee worked the whole week which ended on Friday, December 30. The adjusting entry will require to record the accrued expense at end of the period. As the last day of period is Saturday, December 31 and he will be paid on Monday January 2. The accrual accounting requires to record an expense at the end of the year if it is incurred even if it is not paid yet.
Payroll expense = $800 x 5 days = $4,000
