Answer:
A. revenue and expense
Explanation:
An income statement is among the three important financial statements prepared by a business entity. It summarizes all incomes (revenues) and expenses (costs) of a company in a particular financial year. Total costs are subtracted from the total revenue to get the net income.
An income statement is prepared to show the profits of a business in a particular financial year. A positive net income indicates profits, while a negative net income denotes losses.
Answer:
Correct answer is (a) customers are making payments quickly
Explanation:
Accounts receivable turnover analysis is used to determine if a company is experiencing problem collecting the sales make on credit from the customers. A high receivables turnover ratio can indicate that a company's collection of accounts receivable is efficient and that the company has a high proportion of quality customers that pay their debts quickly
One risk of lenders is not being repaid. The greater the chance that you wont be paid, the higher interest you will charge as compensation for taking the risk. Loan also involves little risk, you will be wiling to accept lower interest rate. That is the reason why federal government can borrow at lower rates than private parties.
Answer:
c. If the decision to terminate was an employee's, the relationship the previous employee had with AW Direct, the amount of notice given by the employee prior to departure, and the needs of AW Direct.
Explanation:
The impact, behavior and the relationship in the employee-organization connection is crucial for determining whether to rehire or not.
If the employee terminated the contract by his/her will, with no intention of working with the company, than it is of no use to reach that employee out. Also, his/her <em>behavior and responsibility</em> is indicated by the amount of notice he gave before the termination, as it is mostly required by companies in order to find adequate workforce replacement.
Most importantly, AW Direct has to have in mind the <em>particular employee needs</em> it has, and which employees caters to them. Since these employees have already worked for AW Direct, the company surely has an established HR record regarding each and every one of them.
Personal needs of the particular employee (financial, medical, or family needs) are irrelevant as they imply a biased (although ethical) take on hiring. Naturally, the same applies for hiring employees related to managers.
Answer: b. 2,340 units
Explanation:
Break-even sales refers to the amount of sales that would give the company $0 profits.
It can be calculated by the formula;
= Fixed Costs / Contribution Margin
Contribution Margin = Sales - Variable costs
= 42 - (24 - 2)
= $20
Breakeven = 46,800/20
= 2,340 units
