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umka21 [38]
3 years ago
5

In A competitive balance sheet,the ending cash was315000 in 2011 and270000 in 2012 the net increase or decrease is:

Business
1 answer:
tensa zangetsu [6.8K]3 years ago
3 0
Based solely on the ending cash b as landed amount provided, it a year over year decrease of 45,000.
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The real estate financing instrument which transfers equitable title to real property, but retains legal title in the seller, is
natita [175]

Answer:

Operating Leasing

Explanation:

Legal title is retained by the seller, buyer enjoys equitable title (during the lease contract duration) of the property (e. g. using land, leased buildings or machinery for the business needs),

7 0
2 years ago
Burns Industries currently manufactures and sells 23,000 power saws per month, although it has the capacity to produce 38,000 un
Dmitrij [34]

Answer:

Increase by $37,100.

It will accept any time the price is above $43 with the condition it will not incur in additional fixed cost.

$63. is the sales price that generates 106,000 dollar of operating income

Explanation:

As the units will not inccur in any additional fixed cost we should check for the contribution margin this units will provide:

50 dollars - 43 dollar of variable cost = 7 dollars

5,300 saws x $7 = 37,100

The sales reveues will increase by that amount.

(5,300 x $43 dollars each in cost + 106,000 contribution )/5,300 = sales price

sales price = 63

6 0
2 years ago
The distinction between a current asset and other assets: A. is based on the ability to determine the current fair value of the
Scorpion4ik [409]

Answer: is based on when the asset is expected to be converted to cash, or used to benefit the entity.

Explanation:

Also known as a Short-Term asset, a current asset is an item of value that a company can either use or sale within a period to gain cash to clear current liabilities. Current assets can easily be converted to cash by sales or use.

3 0
3 years ago
Swifty Corporation has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports
Rudiy27

Answer:

37.00%

Explanation:

The computation of the weighted average contribution margin ratio is shown below:

Particulars                    Sporting Goods Sports Gear Total

Contribution Margin Ratio 30%                    50%  

Sales Mix - Weights         65%                     35%  

Weighted Contribution Margin 19.50% 17.50% 37.00%

We simply multiplied the contribution margin ratio with the sales mix weighted so that the weighted contribution margin ratio could come

7 0
3 years ago
Paris Company had common stock of $350,000 and retained earnings of $490,000. London Inc. had common stock of $700,000 and retai
Ganezh [65]

Answer: D. $2870000

Explanation:

Consolidated Assets are the assets that a company owes whether directly or indirectly through a subsidiary which will then be shown on the consolidated balance sheet of the company.

From the information given, the amount of total consolidated net assets will be calculated as:

= ($34000 × 35) + $700,000 + $980,000

= $1,190,000 + $700,000 + $980,000

= $2,870,000

8 0
3 years ago
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