Answer:
Option (e) is correct.
Explanation:
Jungle gyms:
Contribution margin per unit:
= Selling price - variable expenses
= $120 - $90
= $30
No. of units sold = 12,000
Tree houses:
Contribution margin per unit:
= Selling price - variable expenses
= $200 - $100
= $100
No. of units sold = 8,000
New sales mix ration = 12,000:8,000
= 3:2
Contribution margin ratio:
= (Contribution ÷ Sales) × 100
= [($30 × 3) + ($100 × 2) ÷ ($120 × 3) + ($200 × 2)] × 100
= $290 ÷ $760
= 38%
Answer:
rules and regulations for fund transfers
Explanation:
Article 4A of the Uniform Commercial Code establishes the rules and regulations for fund transfers. Like mentioned in the question this regulates the creation as well as the collection of commercial wire transfers, such as bank transfer, checks and even deposits.This is done in order to prevent fraud and make sure all money is tracked and accounted for legally.
Answer:
(a) S-Type
Explanation:
Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.
The different types of tax include the following;
1. Income tax: a tax on the money made by workers in the state. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.
2. Property tax: a tax based on the value of a person's home or business. It is mainly taxed on physical assets or properties such as land, building, cars, business, etc.
3. Sales tax: a tax that is a percent of the price of goods sold in retail stores. It is being paid by the consumers (buyers) of finished goods and services and then, transfered to the appropriate authorities by the seller.
A company with single taxation is called S-Type i.e sole proprietorship.
Basically, a sole proprietorship business is a type of business that is owned by a single person and as such their profits are taxed once as personal income tax.
Answer:
The payback period ignores the time value of money.
Explanation:
The Payback period calculates the amount of time it takes to recover the amount invested in a project from its cumulative cash flows.
The shorter the payback period, the more desirable a project is.
The company determines the maximum pay back period, it can be a year or more than a year of even less.
The Payback period doesn't account for the time value of money. The discounted playback period corrects for this limitation.
The Payback period method ignores cash flows after the payback period has been reached.
I hope my answer helps you