Okay. So Joan receives 25% commission on the profits of the cars she sells. She got $8,870 on the profit last month. To find the commission, let’s multiply the amount of profit by the percentage. 8,870 * 0.25 is 2,217.5. There. Joan earned $2,217.50 in commission last month.
The answer to this question is that federal express has a core competence. Core competence is the main strenghts or advantages of a business or the company in order for them to become competitive in the market. The concept of Core competency was introduced by Gary Hamel and Prahalad. Core competency is what the business or company can do to their customers and their expertise that is unique that can be valued by the customers.
Answer:
The partial labor and capital productivity figures for the parent and subsidiary is 5.03 units per hour, 1.37 units per hour and, 1.68 units per hour, 4.20 units per hour
Explanation:
The computation of the partial labor for the parent and subsidiary is calculated by applying the formula which is shown below:
= Sales ÷ Labor (hours)
For U.S = 100,080 units ÷ 19,880 hours = 5.03 units per hour
For LDC = 20,500 units ÷ 14,880 hours = 1.37 units per hour
The computation of the capital productivity for the parent and subsidiary is calculated by applying the formula which is shown below:
= Sales ÷ Capital equipment (hours)
For U.S = 100,080 units ÷ 59,400 hours = 1.68 units per hour
For LDC = 20,500 units ÷ 4,880 hours = 4.20 units per hour
Dell can fund this growth internally by:
- The $469 million increase in current liabilities serves as a source of funds.
- The estimated increase in net profits to $395 million is approximately $123 million.
- The short-term investment is assumed to be the same as in 1996, namely $591 million.
<h3>
What is funding?</h3>
- Business financing is a funding option that allows business owners to obtain business loans to cover expenses such as temporary cash flow interruptions, expansion projects, stock and equipment, and seasonal spikes in activity.
- Retained earnings, debt capital, and equity funding are the three major sources of corporate financing.
So, according to the given chart:
- As a result, an additional operating asset of $794 million is required to sustain growth.
- The $469 million increase in current liabilities serves as a source of funds.
- The estimated increase in net profits to $395 million is approximately $123 million.
- The short-term investment is assumed to be the same as in 1996, namely $591 million.
- As a result, we can confidently predict that growth will be funded internally.
Therefore, Dell can fund this growth internally by:
- The $469 million increase in current liabilities serves as a source of funds.
- The estimated increase in net profits to $395 million is approximately $123 million.
- The short-term investment is assumed to be the same as in 1996, namely $591 million.
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Answer:
$52,500
Explanation:
Warranty cost are the cost associated with the repair or replacement of a product in case it does not perform as intended after purchase.
It is debited to the warranty expenses account and credited to the warranty liability account.
Total sales for the year - $3,000,000
Warranty estimate basis - 4%
Estimated warranty - 3,000,000 * 4% = $120,000
Warranty cost incurred = $67,500
Balance to be recorded for the year = 120,000 -67,500
$52,500
