Answer:
c. $75,000
Explanation:
The computation of revenue from investment for 2015 is shown below:-
Investment in Sherman = Purchased shares ÷ Common stock shares
= 25,000 ÷ 100,000
= 25%
Revenue from investment = Net income × Investment in Sherman
= $300,000 × 25%
= $75,000
Therefore for computing the revenue from investment we simply multiplied the net income with investment in Sherman.
Answer:
Send some positive confirmation requests
Explanation:
This is an inquiry made by an auditor to a third party, the not audited party, that requires a formal response. It is done regarding whether the third party, residents' delinquent real estate taxes, match those that Cooper is examining.
Due to Cooper is auditing the financial statements of a small rural municipality, they could not require a negative confirmation, where the third party only has to answer if the records match or not.
Answer:
1. Contribution margin per unit
= $80
2. Contribution margin ratio %
=25%
3. Break-even point units
= 6300 units
4. Break-even sales dollars= $2,016,000
Explanation:
Contribution margin per unit = Selling price per unit - Variable cost per unit
= $320 - $240
= $80
2. Contribution margin ratio = Contribution margin per unit / Selling price per unit
= $80 / $320
= 25%
3. Break-even point in units = Fixed cost / Contribution margin per unit
= $504,000 / $80
= 6,300 units
4. Break-even point in sales dollars = (Fixed cost / Contribution margin per unit) X Selling price per unit
= ($504,000 / $80) X $320
= $2,016,000
Answer:
B)segmentation
Explanation:
Market segmentation can be regarded as process involving sectioning of heterogeneous market into a homogenous segments using some kind of parameters such as psychographic, geographic as well as
behavioural and others factors
Answer:
If nothing changes except that producers sell more of a good or service when the price increases, we know this is an example of the law of SUPPLY
Explanation:
The law of supply is simply termed as when there is an increase in quantity of goods also results into an increase in the price although every other factors must remain the same