Answer:
$238,000
Explanation:
Residual income= Net income-Equity return required
=$850,000-$5,100,000*12%
=$238,000
Answer:
c. was assassinated by an unsuccessful office seeker
Explanation:
James A. Garfield was the 20th president of USA and he was the first sitting member of congress to be elected as the president of the nation. His service was short lived only for six and a half months until his death by assassination.
He was shot dead by Charles J. Guiteau at the Baltimore and Potomac Railroad Station in Washington, D.C. and died in Elberon, New Jersey. Guiteau's motive was avenge against Garfield for an imagined political debt.
Hence the correct option is c. was assassinated by an unsuccessful office seeker.
Answer:
Date Account Details Debit Credit
Sept. 30, 2020 Accounts Receivable $5,000
Sales $5,000
Date Account Details Debit Credit
Sept. 30, 2020 Cost of Goods Sold $2,000
Inventory $2,000
Answer:
The cost reduction strategy that Denim supply limited can use is Low-cost country sourcing (LCCS)
Explanation:
Cost reduction is the process used by companies to reduce their costs and increase their profits. Depending on a company's services or product, the strategies can vary. Every decision in the product development process affects cost.
Low-cost country sourcing (LCCS) is procurement strategy in which a company sources materials from countries with lower labor and production costs in order to cut operating expenses.