Answer[:]
It is basically the side of a rectangle, and the adjacent side extended outward. There are pictures below.
[:] DustinBR [:]
Answer:
Break-even point (dollars)= $431,200
Explanation:
Giving the following information:
Selling price= $56 per unit
Unitary variable costs= $46
Fixed costs= $77,000
<u>To calculate the break-even point in sales, we need to use the following formula:</u>
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 77,000 / [(56 - 46) / 56]
Break-even point (dollars)= $431,200
Answer:
A. Received cash by issuing common stock
Debit: Cash
Credit: common stock
B. Received cash for services to be performed in the future.
Debit: Cash
Credit: unearned revenue.
C. Paid salaries payable
Debit: salaries payable
Credit: cash
D. Provided services on account.
Debit: accounts receivable
Credit: service revenue
E. Paid cash for operating expenses
Debit: operating expenses
Credit: cash
Explanation:
A. Received cash by issuing common stock
Debit: Cash
Credit: common stock
B. Received cash for services to be performed in the future.
Debit: Cash
Credit: unearned revenue.
C. Paid salaries payable
Debit: salaries payable
Credit: cash
D. Provided services on account.
Debit: accounts receivable
Credit: service revenue
E. Paid cash for operating expenses
Debit: operating expenses
Credit: cash
Answer:
Operating expenses
Explanation:
Before a business yields a profit as an output , there is a need for some input from the business owners. One of these input is operating expenses .
Operating expenses is supporting cost of keeping the business running in the course of normal production , different from the cost of production and is necessary as every form of other cost may not get a desired result without the operating cost.
Examples include rent , payroll ,transportation , security fees among others.
Answer:
The correct options are Advanced degree after a traditional four year college degree and On the Job training Experience.
Explanation:
If I like to persuade my career in the Finance Field, I would definitely go for the Four Year degree program in finance and then do Advance education in the concerned field. Then i would like to get the on the job training experience in the finance department of a renowned company to have a true learning experience of the finance field in real time. This would prepare me to become fully knowledgeable about the finance matters before entering into the market as a finance professional. So getting advance degree after basic degree in finance and getting the on the job training would be my choices for Finance Careers.
