Answer:
$664,000
Explanation:
Kuck corporation has a contribution margin ratio of 75%
= 75/100
= 0.75
The company's monthly fixed expense is $456,000
The company's monthly target profit is $42,000
Therefore, the dollar sales to reach the target profit for the company can be calculated as follows
= Target profit+fixed expense/contribution margin ratio
= $42,000+$456,000/0.75
= $498,000/0.75
= $664,000
Hence the dollar sales to attain the company's target profit is $664,000
I advise her to stay on task and never to talk to anyone
Answer:
(a) Bank Reconciliation statement:
Bank's cash balance:
= Per bank statement + Deposits outstanding - Checks outstanding
= $22,346 + $1,725 - $1,300
= $22,771
Therefore, bank balance per reconciliation is $22,771.
Company's cash balance:
= Per general ledger - service fees
= $22,810 - $39
= $22,771
Therefore, company balance per reconciliation is $22,771.
(b) Journal entry to adjust balance for cash is as follows:
Bank service charge expense A/c Dr. $39
To Cash A/c $39
(To record bank service charge)
Answer:
Letter d is correct. <em>Frictional unemployment.</em>
Explanation:
In a situation as explained in the question, there would be no frictional unemployment, which corresponds to the natural causes that lead individuals to become unemployed from one job to another, such as getting a job that guarantees better financial benefits to the worker. Occurs by the natural mobility of workforces, it is a normal situation in the economy, it usually takes some time for workers to get a new job that suits their skills and preferences.
The correct answer is <span>a.if buyers have the ability and desire to buy the clothes
This example has a lot to do with the market demand and production ideas. If the people can't buy it then the product won't succeed. If they won't buy it then it won't succeed either. So you need both the desire and the ability on the side of the buyer. </span>