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3 years ago

Which of the following is not a type of informal report?

Business

1 answer:

lozanna [386]3 years ago

8 0

D feasibility is your best answer

Feasibility means "easily or conveniently done", which is not a extremely formal way of finishing things.

Complaints generally are formal, for you are trying to do business.

Progress brings formatility, for it must be formal and formatted for success.

Troubleshooting also needs formality, so that one can solve the problem as soon as possible

hope this helps

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At the beginning of the year, Uptown Athletic had an inventory of $640000. During the year, the company purchased goods costing

Nataly_w [17]

Answer:

Cost of Goods Sold = $1,700,000

Gross Proft = $1,740,000

Explanation:

We solve this assingemtn using the inventory identity:

$$$Beginning Inventory + Purchase = Ending Inventory + COGS$

We post the given and solve for the missing part:

640,000 + 2,020,000 = 960,000 + COGS

COGS = 640,000 + 2,020,000 - 960,000 = 1,700,000

Next we use the COGS value to calculate the gross profit.

$Sales \: Revenues- \: COGS = \: Gross \: Profit$

3,440,000 - 1,700,000 = 1,740,000

8 0

3 years ago

On November 1, 2021, New Morning Bakery signed a $191,000, 6%, six-month note payable with the amount borrowed plus accrued inte

rosijanka [135]

Answer:

$196,730

Explanation:

The note payable signed has an interest rate of 6% per year. Since the amount is paid back in 6-months, only half a period should be considered when calculating interests due. The total amount that New Morning Bakery should pay back on May 1, 2022 is given by:

$A =\$191,000*(1+(0.06*0.5))\\A=\$196,730$

The company will need to pay $196,730.

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3 years ago

Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $57,000, and the

gulaghasi [49]

Answer and Explanation:

The computation is shown below:

Contribution Margin for Bat

= $50 - $50

= $0

Contribution Margin for Gloves = $100 - $80

= $20

Now

Overall Contribution Margin = (0 ×70%) + ($20 × 30%)

= $0 + $6

= $6

Now

A. Break even sales = Fixed cost ÷ contribution margin

= $57,000 ÷ $6

= 9,500

B.Baseball bats = 9,500 × 70% =6,650

Baseball Gloves = 9,500 × 30% = 2,850

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