Answer:
$5,000
Explanation:
Consequential damages are damages that result from the one party in a contract not performing their part or breaching the contract.
In this case, New Data can sue Mona for consequential damages resulting from Mona not performing her contractual obligations. The damages that New Data can recover = $5,000 which is the profit from the lost sale. The $1,000 spent fixing the computer cannot be recovered.
Answer:
6.75
Explanation:
Given that,
Gross sales = $150,000
Accounts receivable, beginning of year = $18,000
Sales = $135,000
Accounts receivable, end of year = $22,000
Average accounts receivables:
= (Beginning AR + Ending AR) ÷ 2
= ($18,000 + $22,000) ÷ 2
= $40,000 ÷ 2
= $20,000
Accounts receivable turnover:
= Sales ÷ Average accounts receivables
= $135,000 ÷ $20,000
= 6.75
Note: Accounts receivable, end of year is missing from the question. It is amounted to $22,000.
Answer:
We can divide costs into three categories:
- fixed.- do not change as total production outcome changes
- variable.- changes proportionally to total production output
- mixed.- part fixed, part variable
Explanation:
fixed: they stay the same regardless of total output
- depreciation. $4,500 per month
- property taxes, $12,000 per year
variable: the more units are produced, the higher they are
- direct materials, $25 per unit
- shipping costs, $15 per unit
mixed: a part is fixed per month, while another part increases as total output increases.
- water and sewer, $50 per month plus $0.10 per gallon
- sales rep's pay, $1,000 per month plus 10% sales commission
Answer:
In the value chain analysis, the term of the activities that are required but not directly add value to the company's products or services sold to the customers is:
Support or Secondary Activities.
Explanation:
Support or secondary activities are the indirect services that improve the primary activities of the value chain. The secondary or support activities include procurement of input resources, human resources management, infrastructure (accounting, legal, and administrative), and research and development (technology). These support the primary value chain activities, according to Porter's Value Chain, including In-bound logistics, Operations, Outbound logistics, Marketing and Sales, and Customer Services.
