Answer:
It was the time when I participated in dance competition where I was selected and my best friend was not and I was stuck in a dilemma whether I choose my best friend or the thing that I love.
Explanation:
- Situation: Me and my best friend both gave audition for the small dance competition at school. We both loved dancing. However, I was only selected.
- Reaction: I talked to my best friend who was obviously very sad and angry to himself both at the same time. I chose to dance anyway.
- I think I behave ethically because this was my chance and I could not have lost.
- I know it because finally I won the competition and also invited my best friend with me on the stage where we celebrated together.
Answer:
The correct answer is: option D
Explanation:
The degree of operating leverage (DOL) is a measure used to evaluate how a company's operating income changes after a percentage change in its sales. A company's operating leverage involves fixed costs and variable costs. It is a financial ratio that measures the sensitivity of a company’s operating income to its sales. This financial metric shows how a change in the company’s sales will affect its operating income.
There are two main formulas to calculate the DOL:
DOL= Contribution Margin/ Operating Income
or
DOL= [Qx(P-V)] / [QX(P-V)-F)
Where:
Q: the number of units
P: the price per unit
V: the variable cost per unit
F: the fixed costs
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
The correct answer is option (d) $8,000 Discount Expense plus a $20,000 positive Adjustment to Net Income when the merchandise is delivered.
Explanation:
Solution
Given that:
Spot rate:
1 euro = $1.41
Now,
Converting 400,000 euros into dollars gives us the following
400,000*1.41 =$564,000
Thys,
Contract rate,
=1 euro = $1.36
So,
Converting 400,000 euros into dollars gives us
400,000*1.36 = $544,000.00
Hence,
The increase in net income =$564,000- $544,000
=$20,000
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