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4 years ago

Total cost can be divided into two types of costs:

Business

1 answer:

vaieri [72.5K]4 years ago

7 0

Are u looking for true or false if u'r than it's
true
if u'r not then am sorry

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The bank received and accepted a payment worth $7,200 from a customer on the company’s behalf. Which journal entry adjustment sh

krok68 [10]

Answer:

C. Accounts receivable will be credited by $7,200

Explanation:

Accounts receivable are expected payments from customers. They exist because businesses sell goods and services to customers on credit. Account receivables are asset accounts. An increase in assets accounts is debited, and a decrease is credited.

If the banks received payment from a customer, it means a customer has paid for goods sold on credit. Accounts receivable have decreased ( to be credited), but cash in the bank has increased.

5 0

3 years ago

1) If you make superior returns by buying stocks after a 10% fall in price and selling stocks after a 10% rise, this is consiste

zhenek [66]

Answer:

False

Explanation:

It is FALSE that If you make superior returns by buying stocks after a 10% fall in price and selling stocks after a 10% rise, this is consistent with the weak form of EMH.

Weak Form of Efficiency Market Hypothesis states that individuals cannot use past knowledge, facts, or occurrence about stock to determine its future price.

In other words, past data or evidence has no connection with existing market prices.

Hence, if you make superior returns by buying stocks after a 10% fall in price and selling stocks after a 10% rise, that shows the existence of pattern or past information about the stock rising or falling prices determine future occurrence. This situation contradicts the Weak form of EMH

6 0

3 years ago

An accounting worker who processes routine details about accounting transactions

klio [65]

Accounting clerkAn accounting worker who processes routine details about accounting transactions.hope this helps

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4 years ago

Bristol Company's contribution margin income statement is presented below. Sales for the current period consisted of 7,500 units

avanturin [10]

Answer and Explanation:

The computation is shown below:

The Selling price per unit = $225,000 ÷ 7500 = $30

ANd,

Variable cost per unit = $135,000 ÷ 7500 = $18

a) Breakeven point = Fixed cost ÷ Contribution margin per unit

= $48,000 ÷ ($30 - $18)

= 4000 units

b) Breakeven dollars = Breakeven point × selling price per unit

= 4000 × 30

= $120,000

C) Margin of Safety in dollars = Sales Revenue - Breakeven dollars

= $225,000 - $120,000

= $105,000

d) Margin of Safety in percent

= $105,000 ÷ $225,000

= 46.67%

5 0

3 years ago

Rent Payment is commonly considered both a (choose two)

Tresset [83]

Answer:

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Explanation:

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6 0

3 years ago

Read 2 more answers