Answer:
The answer is "15 minutes"
Explanation:
I will approximately spend 15 minutes on prewriting once i have gathered the information needed.
Sales: $914,000
Variable Costs: $498,130
Operating Income: $196,000
Contribution Margin Ratio = ?
Formula:
Contribution Margin Ratio = (Sales – Variable Costs) / Sales
Solution:
Contribution Margin Ratio = ( $914,000 - $498,130) /
$914,000
Contribution Margin Ratio = 45.5% (Answer)
When writing a message to express condolences, you should mention the loss tactfully, recognize the good qualities of deceased, assure the receiver of your concern, offer assistance, and <u>conclude on a reassuring note.</u>
Explanation:
Certain points that are to be kept in Mind when writing a Condolence Messages are:
- Don't unintentionally say the wrong thing in a sympathy message
- The Condolence message should be short and crisp
- In the message try to recall a funny memory of the deceased.
- In the message ,you should not simply sign rather mention your full first and surname.
- Don't mention any financial obligation of the deceased or offer any financial help
- Don't try to offer any other help like cooking a good meal
Thus we can say that ,When writing a message to express condolences, you should mention the loss tactfully, recognize the good qualities of deceased, assure the receiver of your concern, offer assistance, and <u>conclude on a reassuring note.</u>
Answer:
A. Debit Cash $8,614; credit Dividend Revenue $8,614.
Explanation:
The journal entry for recording the dividend as on April 15 is shown below:
On April 15
Cash Dr (7,300 shares × $1.18 per share) $8,614
To Dividend revenue $8,614
(Being the dividend is recorded)
For recording this here we debited the cash as it increased the assets and credited the dividend revenue as the revenue is also increased
Therefore the correct option is A.
Answer:
C. Variable inflation is associated with high transaction costs
Explanation:
Because of uncertainty about future inflation, it may not uncertain relative to its price change. Therefore, option A is not correct.
In order to maximize financial position, inflation harms borrowers and helps lenders, so option B is also incorrect.
Option C is correct because variable inflation is associated with high transaction costs in order to maximize the financial position. For example, if the inflation rate is 5% during first quarter, the price level is not much to disrupt the financial position. Again, in the next quarter, if the inflation rate changes to 4%, the position will be effective more. However, if it increases, it will not affect too much.