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3 years ago

Steeler Company has $71,000 in total assets and $44,000 in total liabilities. What is the amount of its stockholders' equity

Business

1 answer:

daser333 [38]3 years ago

6 0

Answer:

the amount of its stockholders' equity is $30,000

Explanation:

From The Accounting Equation, we know that :

Assets - Liability = Equity

Therefore,

Equity = $71,000 - $44,000

= $30,000

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nataly862011 [7]

Answers
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Explanation

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3 years ago

Rally Quadcopters plans to sell a standard quadcopter (toy drone) for $45 and a deluxe quadcopter for $65. Rally purchases the s

Andrew [12]

Answer:

Rally must sell 1,080 units of Standard and 720 units of Deluxe

Explanation:

Standard Deluxe Total

Sales price per unit $45 $65

Less: Variable cost ($35) ($45)

Contribution Margin per unit $10 $20

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Weighted average Contribution $14

per unit C= B/A

Appointment of fixed cost between standard and deluxe

Total Fixed cost = 14,700

Break even point = Fixed cost / Weighted average Contribution per unit

= 14,700 / 14

= 1,050

Apportionment of Break even point sales between Standard and deluxe in sales mix ratio (3:2)

Standard = 1,050 * 3/5 = 630

Deluxe = 1,050 * 2/3 = 420

Unit to be sold to get desired profit = Fixed cost + Desired profit / Weighted average Contribution per unit

= (14,700 + 10,500) / 14

= 1,800

Apportionment of Units to be sold to get desired profit between Standard and Deluxe in sales mix ratio (3:2)

Standard = 1,800 * 3/5 = 1,080

Deluxe = 1,800 * 2/5 = 720

To reach target operating income, Rally must sell 1,080 units of Standard and 720 units of Deluxe

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3 years ago

Campbell’s Soup has divided the domestic market into more than 20 re- gions, each with its own sales managers that develop speci

Sliva [168]

Answer:

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Explanation:

Micromarketing -

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In this method ,

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Hence , from the given scenario of the question ,

The correct option is a. micromarketing .

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3 years ago

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MrRa [10]

Answer:

B is the correct option.

Explanation:

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3 years ago

Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows: Current Year Previous Year Sales $4,00

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Answer:

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