Answer:
World's journal entry to record the sales transaction is:
<em>Note Receivable ; Jax Recording Studio $8,200 (debit)</em>
<em>Sales Revenue $8,200 (credit)</em>
Explanation:
Music World is the seller and must recognize Revenue following the sale.The Revenue is initially recognized at the value of sale of $8,200. Music World must also recognize an Asset on the promissory note signed to the value of $8,200.
Answer:
Jillian's annual economic profit on the printing business is $6,000
Explanation:
Cost of ink = $2000/month = $2000×12/year = $24,000/year
Annual rent = $30,000
Annual salary of employees = $60,000
Total annual expenditure = $24,000 + $30,000 + $60,000 = $114,000
Annual revenue = $120,000
Annual economic profit = annual revenue - annual expenditure = $120,000 - $114,000 = $6,000
Answer:
The correct answer is genetic algorithms
Explanation:
Genetic Algorithms are adaptive methods that can be used to solve search and optimization problems. They are based on the genetic process of living organisms. Throughout the generations, populations evolve in nature according to the principles of natural selection and the survival of the strongest, postulated by Darwin (1859).
By imitating this process, Genetic Algorithms are able to create solutions for real-world problems. The evolution of these solutions towards optimal values of the problem depends to a large extent on their adequate codification.
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Answer:
True.
Explanation:
The Contribution margin i.e Sale price less Variable Cost per unit for product A is (15-4) is $11 & for product B is ( 21-13) is $8. for making 4 units of product A we need three machine hours, so if we divide units by machine hours only 0.9 unit of A can be made in an hour while we can made 5 units in 0.7 hours pf product B, so if we divide 5 by 0.7, approximately 7 unit of B can me made in an hour.
Thus, in the production of 1 hour we can make $10 from product A while we can make $ 57 from product B.
Product A Product B
S.P $15.00 $21.00
V.C $4.00 $13.00
Contribution Margin Per unit $11.00 $8.00
Units Produce Per hour Production 0.9 7
CM Per hour $10.27 $57.14
