Answer:
The income statement, statement of stockholders' equity, and balance sheet for Longhorn Corporation is given below.
<u><em>The income statement</em></u>
Sales Revenue                   $ 67,700
COGS                                 ($ 53,400)
Delivery expenses              ($ 2,600)
Salary expenses                 ($ 5,500)
Net profit                             $ 6,200
<u><em></em></u>
<u><em>Balance Sheet</em></u>
Asset
Cash                                  $ 1,200
Equipment                        $ 29,000
Building                             $ 40,000 
Supplies                             $ 3,400
Total Assets                      $ 73,600
Equity
Common Stock                $ 44,000
Retain earning                  $ 24,400
(18,200 + 6,200)
Liability
Account Payable              $ 4,400
Salaries payable                $ 8,00
Total Liabilities                 $ 73,600
<u><em>Statement of Stockholders</em></u>
Opening common Stock           $ 40,000
Addition                                       $  4,000
Closing common Stock              $  44,000
Retain earning Opening            $ 18,200
Net profit                                     $ 6,200
Retain profit Closing                   $ 24,400
Total Equity                                 $ 68,400
 
        
             
        
        
        
The analytic technique utilized after an adverse event occurs to prevent its recurrence is called Root cause analysis.
<h3>
What are the root cause analysis five steps?</h3>
- Root cause analysis is a technique for problem-solving used in science and engineering to determine the underlying reasons of errors or issues.
- It is frequently utilized in areas like information technology operations, telecommunications, industrial process control, accident investigation, and the healthcare sector.
- Realize the Issue: To start, you must decide what went wrong.
- Gather a Good Amount of Information.
- Determine the Related Causal Factors.
- Create a conclusion.
- Make any necessary adjustments.
- The analytic technique utilized after an adverse event occurs to prevent its recurrence is called 
- Root cause analysis.
To learn more about the Root cause analysis, refer to the following link:
brainly.com/question/19571344
#SPJ4
 
        
             
        
        
        
Answer:
$3,325
Explanation:
Reserves are maintained to fulfil the customers withdrawal requirement. It is imposed by the State bank over the Banks to hold a specific percent of cash as reserves. Bank hold the reserves and invest or utilize the residual in the market. 
In this question 5% of $3,500 will be reserved and the remaining $3,325 will be available for the money supply in the market in different forms.
the maximum possible increase in the money supply as a result of your bank deposit is $3,325.
 
        
             
        
        
        
<u>Solution and Explanation:</u>
calculating the increase in the net operating income is as follows:
S.no                    Particulars and explanation                    Amount
1.                    Sales ( $268000 + 84000 )                         352000
2. Contribution ( 1 multiply with 40 percent)                      140000
3. Fied expense ( $119200 plus $6200 )                         125400
4. Net operating income ( 2 step minus 3 step)                $14600
therefore, net operating income increased by $ 14600 plus $12000
Note: the sales were not given, so i have taken or assumed. Please change the figure if there is different figure of sales in the question given.
 
        
             
        
        
        
Answer:
1. Apart from helping to know the average cost of a product, analyzing fixed and variable cost will help to derive the break even point.
2. Profit will go down
 
Explanation:
1. The size of the selling price and the variable cost determine contribution per unit of a product. Contribution per unit is Price minus variable cost. This shows the  contribution of sales revenue towards covering the fixed cost of a product.
2. Relevant range is the estimated or budgeted activity level which defines a business volume of production or operation, it is both maximum and minimum threshold within which the entity must operate to expect certain level of cost and revenue.
Sometimes fixed costs are fixed within a relevant range of activities and outside such range, fixed cost may become variable, which will all things being equal impact negatively on the price.
Also, within relevant range volume discount may be achieved and outside such range, this may be forfeited which, will also reduce profit all things being equal.