A. A decrease in assets and decrease in Stockholders' equity.
B. No journal entry in necessary until products under warranty are returned.
C. An increase in stockholders' equity and a decrease in liabilities.
D. A decrease in stockholders' equity and an increase in liabilities.
Answer: D. A decrease in stockholders' equity and an increase in liabilities.
Explanation: Liability can simply be described as debt or what is owed by a firm, whereas the equity of the stockholders refers to assets or possession of a firm once liabilities have been deducted. In the scenario above, the expected returns have not been made as envisaged based on data from previous years, the 3% expected return which is covered by warranty will be added to liability which means liability increases as the buyers are either refunded or issued new helmets. Once liability increases, stockholders equity will also decrease as it involves the deduction of liabilities.
Answer:
$147
Explanation:.
Calculation for the contribution margin
First step is to calculate the variable cost per using this formula
Variable cost per room = Housekeeping service + Utilities + Amenities
Let plug in the formula
Variable cost per room = $23 + $7 + $3
Variable cost per room = $33 per room night
Now let calculate the contribution margin for a room night using this formula
Contribution margin for a room night =Price of room per night - Variable cost per room
Let plug in the formula
Contribution margin for a room night = $180 - $33
Contribution margin for a room night= $147 per room night
Therefore the contribution margin for a room night under the normal pricing is $147 per room night
Answer: It is called Minnesota Multiphasic Personality Inventory (MMPI)
Explanation:
The Minnesota Multiphasic Personality Inventory is a clinical assessment tool widely accepted to measure and diagnose mental health disorders.
when a firm charges a fee for the right to purchase a product plus a per-unit charge for each unit purchased, a two-part pricing strategy is a firm employs.
Definition: A product is an item offered for sale. Products are services or items. It can be in physical or virtual or cyber form. All products are made at a price and sold at a price. The price charged varies by market, quality, marketing, and target segment.
A product is an item or service sold to satisfy a customer's needs or desires. they are physical or virtual. Physical products include durable goods (such as cars, furniture, and computers) and consumables (such as food and beverages).
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A subsidized loan is such a loan where the borrower is allowed to borrow up to the cost of attendance less any other aids received.
<h3>What is a subsidized loan?</h3>
A type of education or student loan where the amount to be borrowed is determined as per the cost of the student's attendance, which is subtracted from other financial benefits received in this regard, is known as a subsidized loan.
Hence, subsidized loan is explained as above.
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