As long as total utility is increasing, we know that marginal utility is:

들 (a) What are the entrepreneurial opportunities you can find in retail sector in india?

dexar [7]

Answer:

It generates huge employment opportunities. This has changed the face of retailing in India. As the sector is booming in India, a career in retail sector is promising a growth potential for the ambitious youngsters.

The candidates are trained in supply chain management, finance management, marketing information, electronic retailing, marketing and business communication, customer relationship etc. With rapidly expanding departmental stores and huge shopping malls, plenty of job opportunities are opening all over India.

Sales and related jobs

Store manager

Visual merchandiser

Regional sales manager

Finance and accounting

Explanation:

Hope it helps

8 0

2 years ago

Willis Company had $200,000 in credit sales for 2016, and it estimated that 2% of the credit sales would not be collected. The b

HACTEHA [7]

Answer:

True

Explanation:

It's True because you have to deduct from the total Accounts Receivable the balance in the Cr Allowance for Uncollectible Accounts estimated.

The company estimate that 2% of the total Credit Sales will be uncollectible, which is, $4,000, if we deduct this value of the balance of accounts receivable of $38,000, we have a Net Realizable Value of Accounts Receivable of $34,000

Credit Sales $ 200,000

Cr Allowance for Uncollectible Accounts $ 4,000

Dr Accounts receivable $ 38,000

Net Realizable Value of Accounts receivable $ 34,000

7 0

3 years ago

Which ones the right answer? ignore where i selected

expeople1 [14]

Answer:B

Explanation:

6 0

3 years ago

Read 2 more answers

A law firm received $2,000 cash for legal services to be rendered in the future. The full amount was credited to the liability a

Mashcka [7]

Answer:

Revenues to be understated.

Explanation:

The accrual basis says that revenues are recognized when earned and expenses are recognized when incurred.

In this case, if the legal services have been rendered at the end of the accounting period and no adjusting entry is made there is a situation of understated revenue.

When an accountant says that an amount is understated, it means two things: The amount is not the correct amount, and the amount is less than the true amount.

The adjusting entry that should be done is:

Debit to the liability account Unearned Service Revenue, and a credit to the revenue account Service Revenue.

8 0

3 years ago

Molson-Coors Brewing Company (TAP) reported the following operating information for a recent year (in millions):

Dahasolnce [82]

Answer:

1)Break Even Sales Volume in Units=105.789067 million barrels

2))Break Even Sales Volume in Units=114.0512569 million barrels

Explanation:

Break Even Sales Volume in Units= Fixed Costs/ Contribution Margin per unit

Given

Molson-Coors

 All figures in millions

Sales $3,568

Cost of goods sold (2,164)

Gross profit $1,404

Marketing, general, and admin. expenses (1,052)

Operating income $352

Molson-Coors

All figures in millions

Sales $3,568

Variable Cost of goods sold (2,164)*70%= (15,14.8)

Variable Marketing, general, and admin. expenses (1,052) *40%= (600.8)

Contribution Margin $1,452.4

Fixed Cost of Goods Sold 649.2

Marketing, general, and admin. expenses (1,052) *60%= $ 631.2

Operating income $172

Break Even Sales Volume in Units= Fixed Costs/ Contribution Margin per unit

When Fixed Costs are not increased in the current year.

Break Even Sales Volume in Units= 649.2+631.2/12.1033 (millions)

1)Break Even Sales Volume in Units=105.789067 millions barrels

When Fixed Costs are increased in the following year.

Break Even Sales Volume in Units= 649.2+631.2+ 100/12.1033 (milions)

2))Break Even Sales Volume in Units=114.0512569 millions barrels

7 0

3 years ago