Answer:
We cannot answer this question due to a lack of information:
Would this contract increase (or decrease) Campus Stop’s dollars of gross profit and its gross profit percentage?
all you need to do from here is to compare the figures i computed with the ones you supposed to be given.
Explanation:
Gross profit from contract in $ = Revenue from Contract - Costs
= $27,000 - $15,600
= $11,400
Gross Profit % = $11,400/$27,000
= 42.2%
We cannot answer this question due to a lack of information:
Would this contract increase (or decrease) Campus Stop’s dollars of gross profit and its gross profit percentage?
all you need to do from here is to compare the figures i computed with the ones you supposed to be given.
Answer:
$4,320
Explanation:
Calculation for the amount to be recorded as depreciation expense at December 31, 2022
Using this formula
Depreciation expense at December 31, 2022=[(Factory equipment - Salvage value) ÷ 10]× 9/12
Let plug in the formula
Depreciation expense at December 31, 2022=[($69,600 - $12,000) ÷ 10] × 9/12
Depreciation expense at December 31, 2022=$5,760×9/12
Depreciation expense at December 31, 2022=$4,320
Note that 1 April 2022 to 31st December 2022 will give us 9months
Therefore Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2022 is:$4,320
Answer:
Quantity supplied will increase
A. the data are quantitative because they consist of counts or measurements.
The correct answer for the question that is being presented above is this one: "FALSE." <span>Becoming an early adopter of technology and industry trends can increase your job security. This statement is false because it is not an assurance that job security will be increased.</span>
