Answer:
Difference= $1,000 increase
Explanation:
Giving the following information:
Selling price per unit: $30
Variable expenses per unit: $21
New selling price= 30 - 2= $28
New units sales= 13,000
<u>First, we need to calculate the current contribution margin:</u>
Total contribution margin= units sold*unitary contribution margin
Total contribution margin= 10,000*(30 - 21)
Total contribution margin= $90,000
<u>Now, the new contribution margin:</u>
Total contribution margin= 13,000*(28 - 21)
Total contribution margin= $91,000
True, to have standing to sue a party must have been harmed or have been threatened with harm by the action about which he or she complains.
The requirement that the plaintiff has a bona fide interest in the case depends on whether the plaintiff has suffered or is likely to suffer direct and material harm from the actions of the parties or the government. class action suite.
Standing to Sue is the right to sue. A plaintiff must present evidence sufficient to convince a jury that the defendant's conduct directly caused the plaintiff's injury and damages.
A case limits participation in litigation and asks whether a person filing or defending a lawsuit has good reason to "run" and defend himself in court. To obtain status, a party must demonstrate an "actual infringement" of its own legal interests.
Learn more about Standing to Sue here brainly.com/question/27880380
Answer: The amount the company would recognize is $100 as a gain from foreign currency translation.
Explanation: On October 1, a receivable of $2,860 (2,000 pounds x $1.43) would have been recorded. However, this amount of receivable has to be revalued using the year-end rate of $1.45, based on the principles of <em>IAS 21 The Effects of Changes in Foreign Exchange Rates</em>. Year-end receivable would then be $2,900 (2,000 pounds x $1.45). A foreign exchange gain of $40 would be recognised by debiting receivable and crediting gain on foreign currency translation (which reports in income statement) with $40 ($2,900 - $2,860). This is necessary to revalue the receivable using the year-end rate. Subsequently, the spot rate moved to $1.50 at the point of collection, this simply means the company has made a $100 exchange gain (2,000 pounds x $1.50 = $3,000 - $2,900). The journal entries to be raised would be Debit Cash $3,000; Credit Receivable $2,900, Credit Exchange gain (income statement) $100.
Answer:
86,000,000
Explanation:
Ask me if you need more help :)