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Lena [83]
4 years ago
7

Clerical worker, with responsibilities for answering phones, greeting clients, filing for human resources department, some weeke

nd work required.” this is an example of a:
Business
1 answer:
vovikov84 [41]4 years ago
7 0
An add for employment advertising an open or vacant clerical position
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Maxie's Game World sold games to a customer on credit for $2,600, terms 1/10, n/30 and the cost of the games was $1,700. When re
aleksandrvk [35]

Answer:

$2,600 in the Accounts Receivable Dr./Sales Cr. column and $1,700 in the Cost of Goods Sold Dr./Inventory Cr. column.

Explanation:

If we assume that Maxie's Game World uses a perpetual inventory system, the appropriate journal entries should be:

Date XXX, merchandise sold on credit to client YYY, terms 1/10, n/30

Dr Accounts receivable 2,600

    Cr Sales revenue 2,600

Dr Cost of goods sold 1,700

    Cr Merchandise inventory 1,700

7 0
3 years ago
Cost-Volume Profit Analysis Recline Company is planning to produce and sell 11,250 units of its only product at a unit price of
Anarel [89]

Answer:

Calculate Recline’s contribution margin ratio.  

Contribution Margin RATIO  34%

Calculate the break-even point in sales dollars for Recline.    

Break-Even Point  $1.030.556

Explanation:

  • The contribution margin it's determined by the total amount of Gross Profit divided by the total value of sales. To this case $405,000/$1,192,500 = 34%

      Income Statement

11.250       Quantities

$106          Unit Price

$1,192,500 Sales

-$787,500 Cost of goods sold

$405,000 Contribution Margin  34%

-$281,250 Fixed Cost

$123,750 Operating Income

  • The Break Even point it's when the Operating Income is equal to zero, it means the lowest level of sales the company can afford and not loss money.

 BREAK EVEN POINT

9.722        Quantities

$106         Unit Price

$1,030,556 Sales

-$787,500 Cost of goods sold

$243,056 Contribution Margin

-$243,056 Fixed Cost

$0            Operating Income

5 0
4 years ago
Nominal gross domestic product (GDP) increased from $15.62 trillion to $16.09 trillion, and the price level increased from 120.0
Vesna [10]

Answer:

2.0 percent

Explanation:

Inflation can be defined as the persistent rise in general price levels.

Inflation can be calculated by determining the change in price levels.

(122.4 / 120 ) - 1 = 0.02 = 2%

I hope my answer helps you

5 0
4 years ago
Institutional owners are Group of answer choices
vfiekz [6]

Answer:

Financial institutions such as mutual funds and pension funds that control a large block of shareholders position.

Explanation:

Institutional ownership can be defined as the quantity of stock that is being owned by large bodies such as investment firms, mutual funds, investment banks, insurance companies. These different bodies are responsible for the management of different funds for other entities.

A lot of different institutional investors can own a large amount of shares, therefore if an institution decides to sell, it will have a huge effect on a lot of individual shareholders.

5 0
3 years ago
Katherine is developing a forecast for her company's next year's sales of an organic fertilizer to retail gardening nurseries. s
Furkat [3]

She is engaging in <u>Bottom-up</u> Forecasting.

<h3>What is Bottom-Up Forecasting?</h3>

Bottom-up forecasting is a high-level prediction of micro-level inputs to estimate revenue for a particular year or group of years. Revenue teams, for example, frequently utilize this strategy to forecast the company's future performance based on individual sales or rep performance.

Bottom-up forecasting is analogous to assessing the health of a complicated system, such as a vehicle, by examining its most fundamental components, such as its engine components.

The essential distinction between top-down and bottom-up methodologies is the perspective used to conduct your analysis. Bottom-up forecasting is excellent for assessing the impact of certain performance measures on revenue. However, in order to truly grasp the health of a complicated firm, we must examine it from several perspectives.

In a top-down study, we estimate aggregate demand. This style of evaluation considers past performance to forecast future performance.

Therefore, Katherine is developing a forecast for her company's next year's sales of organic fertilizer to retail gardening nurseries. she is assembling the sales estimates for her company's product by adding together the territory estimates provided by her salespeople. she is engaging in <u>Bottom-Up forecasting.</u>

For more information on Bottom-up Forecasting, refer to the given link:

brainly.com/question/14683037

#SPJ4

3 0
2 years ago
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