How much does it cost to run a 20 gallon fish tank?

Will the business be legal and not against any existing or foreseeable government regulation

bagirrra123 [75]

Answer:

A business will only be legal and not against any existing or foreseeable government regulation if there are documents proving that the business is legally registered, with the type of business and other details fully disclosed by the promoters during the formation and documentation stages.

Explanation:

The main document for incorporating a company in the United States is the Articles of Incorporation. The document specifies the primary purpose of the business, its location ( and state of incorporation), and the shareholdings.

7 0

3 years ago

Coast to Coast Surfboards Inc. manufactures and sells two styles of surfboards, Atlantic Wave and Pacific Pounder. These surfboa

podryga [215]

Answer:

Contribution margin ratio:

For East Coast = 10%

For West Coast = 8.05%

Explanation:

As per the data given in the question,

Contribution margin by sales territory report :

C C S Inc.

Contribution margin by Territory

Particulars East Coast West Coast

Sales (a) $8,400,000 $8,610,000

(30,000×$280)+(0×$130)

(21,000×$280)+(21,000×$130)

Less: variable cost of goods sold(b) $6,600,000 $6,657,000

(30,000×$220)+(0×$97)

(21,000×$220)+(21,000×$97)

Manufacturing margin (c=a-b) $1,800,000 $1,953,000

Less: Variable selling expense (d) $960,000 $1,260,000

(30,000×$32)+(0×$28)

(21,000×$32)+(21,000×$28)

Contribution margin (e=c-d) $840,000 $693,000

For East Coast:

Contribution margin ratio = (Contribution margin ÷ Sales revenue)×100

=($840,000÷ $8,400,000)×100

= 10%

For west coast:

Contribution margin ratio = (Contribution margin ÷ Sales revenue)×100

=($693,000 ÷ $8,610,000)×100

= 8.05%

4 0

3 years ago

Indicate whether the following actions would increase, decrease, or not affect Indigo Inc.'s total assets, liabilities, and stoc

Elenna [48]

Explanation:

The effects are as follows:

a. In the first option, there is No effect in any item of the financial statements

b. In the second option, there is No effect in any item of the financial statements

c. In the third option, there is No effect in any item of the financial statements

d. No impact on the assets but it increases the liabilities side and decreases the stockholder equity

The journal entry is shown below:

Retained earning A/c Dr XXXXX

To Dividend payable A/c XXXXX

(Being cash dividend declared)

When the dividend is declared, the dividend amount should be subtracted from the retained earning account.

And, since the dividend is declared that increases the balance of dividend

In addition, the dividend payable and the retained earning account have a credit balance. The increase in dividend payable account would have credit balance whereas the decrease in retained earning account has a debit balance.

e. Paying the cash dividend declared in (d)

The journal entry is shown below:

Dividend payable A/c XXXXX

To Cash A/c XXXXX

(Being the cash dividend is paid)

Since it reduces the liabilities and the asset side also but it does not have any impact on the stockholder equity

7 0

3 years ago

At the beginning of the year, a firm has current assets of $328 and current liabilities of $232. At the end of the year, the cur

GarryVolchara [31]

Answer:

$125

Explanation:

Computation for the change in net working capital

Using this formula

Change in net working capital =( Ending Current asset- Ending Current liabilities) - (Beginning Current asset- Beginning Current liabilities)

Let plug in the formula

Change in net working capital =

($493 – $272) – ($328 – $232)

Change in net working capital = $221-$96

Change in net working capital =$125

Therefore the Change in net working capital will be $125

5 0

3 years ago

When a buyer is represented by a licensee, who is responsible for following up on issues identified in the inspection report to

s344n2d4d5 [400]

The buyer's agent is responsible for following up on issues identified in the inspection report to ensure that they are addressed.

<h3>What is a buyer's agent called?</h3>

Long story short: a buyer's agent can technically be called the “selling agent,” once a contract has been entered into.

A listing agent is referred to as the “seller's agent,” since they are representing the seller.

<h3>What is the difference between agent and buyer?</h3>

A seller real estate agent will work only for the seller and have only the seller's interest at heart.

A buyer's broker will work only for the buyer and have only the buyer's interest at heart.

Learn more about buyer's agent here:

<h3>brainly.com/question/15026765</h3><h3 /><h3>#SPJ4</h3>

8 0

2 years ago