Answer:
Effect on income= $40,275 increase
Explanation:
Giving the following information:
The Clyde Corporation's variable expenses are 25% of sales.
Increase in fixed costs= $18,900
Increase on income= $78,900
T<u>o calculate the effect on income, we need to use the following formula:</u>
Effect on income= increase in contribution margin - increase in fixed costs
Effect on income= (78,900*0.75) - 18,900
Effect on income= $40,275 increase
<span>Often take a commission for their service. The commission could be a flat rate or a percentage of the check. Generally banks do not charge their customers to cash checks. A bank may charge a small fee to cash a check if the person is not their customer.</span>
Answer:
1.Issuing bonds payable.
The company receive cash through third parties financial capital
Explanation:
financing activities
cash disbursement or cash proceeds from afinancing activities surch as:
loan, bonds, issuance of stock, treasury stock, notes, other.
4.Collection of a loan made to another company.
The company invest his cash in giving a loan to gain interest, it wasn't a financial decision to increase cash, it was an investment to generate cash.
2.Receiving cash from customers. it would be operating activites. It is a source of cash from the main activity.
3.Sale of equipment. It would be investing
Answer:
A = $4000
Explanation:
given data:
total investment $12000
interest on CD= 4%
Interest on bond =7%
the portion invested in the CD is A
total portion invested as a bond = $12,000 - A
total portion earned on the CD = 0.04A.
The total interest gain on the bond = 0.07(12000 - A).
equation for the total interest earned is:
0.04A + 0.07(12000 - A) = 720
0.04A + 840 - 0.07A = 720
-0.03A = -120
A = $4000
Answer:
The answer is Conglomeration
Explanation:
This is a term that describes the process by which a conglomerate is created, and a conglomerate is a corporation that owns a number of different businesses that are unrelated.
Another trait of a conglomerate is that every one of the conglomerate's subsidiaries operate independently of each other, but each subsidiary reports to the parent company.
