I think it’s hard because you’ll have to advertise and persuade consumers to buy the product your selling .
True
Return to investment: margin+turnover
Margin-net operating income/ sales
Turnover-sales/average operating assets.
Answer:
The answer is: Tim forgot to get a building permit
Explanation:
In order to convert a mobile home into real property, these conditions must be met:
- homeowner must obtain a building permit
- the mobile home must be attached to a permanent foundation
- homeowner must obtain a Certificate of Occupancy
- you must have a record stating that the mobile home has been attached to a permanent foundation
Tim complied with three out of the four requirements needed to convert his mobile home into real property, but he forgot the first step.
Answer:
See below
Explanation:
With regards to the above information, we can write out the equation to be;
P = (10,900 + y)($6 - 0.0001y)
= 65,400 - 1.09y + 6y - 0.0001y^2
= 65,400 + 4.9y - 0.0001y^2
dp/dx = 4.9 - 0.002y
Set equal to zero to find maximum
4.9 - 0.002y = 0
y = 8,000
So, maximum profit is $
Answer:
Accounts Receivable 3,400
Consulting Revenue 3,400
Supplies 1,000
Accounts Payable 1,000
Cash 2,400
Accounts Receivable 2,400
Accounts Payable 1,000
Cash 1,000
Utilities expense 800
Cash 800
Explanation:
The services are earned and were only billed not collected. So the company should reocgnize the receivable
The purchase of supplies is con credit, the company will recognize a liability
When the company collects from the account, it will decrease and cash will increase
When paying the supplier, their cash decrease and the liability is write-off
The utilities expense are cost of the period, so are recognize as expense.