Answer: Corporate
Explanation:
The corporate level strategy is one of the business strategy which is used for maximizing the organization profitability by managing the status of the selling the products and the services in the market.
This types of strategy also helps in maintaining the future financial status of the company and it also increase the competition in the market by selling the unique products and the services.
According to the given scenario, the Mako's manager is using the corporate level strategy as the company decided to closing all the production due to the political instability in the market.
Therefore, Corporate level strategy is the correct answer.
Answer and Explanation:
The Journal entry is shown below:-
Bond interest expense Dr, $18,610
To Cash $18360
To Discount on bonds $250
(Being first interest payment is recorded)
For recording the first interest payment we simply debited the bond interest expenses as it increased the expenses and we credited cash and discount on bonds as it reduced the assets and the discount should be credited
Working Note
Total discount on bonds issued = Sold bonds - Received proceeds
= $408,000 - $403,000
= $5,000
Amortization of Semi Annual Discount = Total discount on bonds issued ÷ Number of periods
= $5,000 ÷ 20
= $250
Cash interest paid = Sold bonds × Interest rate × From Jan to June ÷ Total number of months in a year
= $408,000 × 9% × 6 ÷ 12
= $18,360
Total Interest expense = Cash interest paid + Amortization of Semi Annual Discount
= $18,360 + $250
= $18,610
Answer:
Break-even point in units= 93 units
Explanation:
Giving the following information:
Its fixed costs are $1000 a week and its variable costs for one batch of umbrellas per week are $500 for 2000 units.
After doing market research, the company sets the price per umbrella at $11.
Unitary variable cost= 500/2,000= $0.25
To calculate the break-even point in units, we need to use the following formula:
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 1,000/ (11 - 0.25)
Break-even point in units= 93 units
<span>A price ceiling would exist on items like the rent for apartments, which some municipalities would place on landlords as a way of making sure people find affordable housing. By setting the price at a maximum, the government has imposed a ceiling above which it is illegal to charge.</span>
Answer:
The answer B.
Explanation:
Non-current asset is a asset that is generally not expected to be converted to cash or consumed within one year or the operating cycle, whichever is longer. They have a useful life of more than. one year. For example, plant and machinery. The assets in this category are depreciated except land which has an infinite useful life.
While current asset is an an asset that is expected to be converted to cash or consumed within one year or the operating cycle, whichever is longer. Example are inventory, cash etc.
