Answer:
The financial disadvantage is -$ 197,000
Explanation:
Sales $ 920,000
Variable expenses $ 386,000
Fixed manufacturing expenses $ 368,000
Fixed selling and administrative expenses $ 248,000
wtih Product L07E is eliminated
Unfavorable Fixed Manufacturing Expense = 368,000 - 229,000
= $139000
Unfavorable Fixed Selling and Administrative Expense = 248,000 - 190,000
=$58000
so the final disadvantage of eliminating product L07E = -139000-58000
-$ 197,000
<span>Doc's ribhouse beginning equity = $52,000
Net income = $35,000
dividends by the company = $12,000
Ending equity = ?
we can calculate ending equity by using this formula:
</span><span>Beginning Equity + Net Income - Dividends = Ending Equity
</span><span>now by putting the values we get
$52,000 + $35,000 - $12000 = Ending equity
Ending equity = $52,000 + $23,000
= $75,000
so, $75,000 is the ending equity.
</span>
It's A. At least i am pretty sure that is the answer.
Answer: A sales-type lease without a selling profit.
Explanation: A sales-type lease without a selling profit is a type of lease where the initial direct costs are deferred and expensed over the lease term.
The expenses to be deferred and expensed includes:
1. costs associated directly with consummating a lease
2. costs essential to acquire the lease
3. costs that would not have been incurred had the lease agreement not occurred.
These can be achieved by not recording the prepaid expenses in the books separately but calculated with the lease receivable.
Tesla is more valuable right now in 2017