Answer:
prepaid rent
Explanation:
From the question we were informed about how a Pilot Company pays for two years of rent in advance.
Incase of Recording this transaction, it would include a debit to prepaid rent
debit to prepaid rent is one of the journal entry for prepaid rent, and a prepaid rent is usually pen down as asset and it gives the rent expenses in future time , since the Pilot Company pays for two years of rent in advance,debit to prepaid rent must be included when recording the transaction.
Answer:
$8,000
Explanation:
The computation of the amount of dividend received by the preferred shareholders in year 2 is shown below:
Annual preferred dividend = Par value of preferred stock × Dividend rate on preferred stock
= 200,000 × 4%
= $8,000
By multiplying the par value with the dividend rate we can get the amount of dividend received and the same is shown above
Answer:
AGILE SYSTEM is very significant idea in the IT industry, which is relating to a system of project administration particularly for software development. It primarily includes in separation of errands into various stages and valuation of those tasks to accept new plans to improvise the procedure. It includes in development, growth, continues enhancement of procedure. The values helps to grow many software’s. As a project consultant, I choose these ideologies to progress various methods to start a pilot for agile.
Scrum is a subcategory of agile, which supports to grow project administration procedure in a specific way. A Scrum procedure is distinct from other agile procedures by specific ideas and follows. Scrum is most frequently used to achieve complex software and product development procedures by using iterative practices. Which rises productivity and decreases time. Scrum procedures supports organizations to regulate to the regular changes in the software to meet the commercial goals properly. Which mainly assistance to:
-
Enhance the quality
- Maintenance for the regular changes
- To approximation proper program to complete the job
- Supports more to regulator the project schedule
PROPOSAL:
TRAINING: Training is very much supportive at emerging various software’s with a collaboration of several cross functional groups. Which supports to stay operative and to be intelligent to change quickly as per the rapid variations. However, traditional project administration procedures tried to understand the motives for change but now which supports to work as per the rapid changes. For this, training from the authorities is more necessary
DEVELOPMENT AND EXECUTION: Agile Project Administration offers a set of outlines that shelters the people, goods and practices for effective application of projects in the modern business environment. Agile is now used to achieve any form of occupational change. Numerous courses assistance diverse investors within a project can fully comprehend precisely how to work within an agile situation.
Which is possible through.,
- AUTHORIZING BUSINESS TO DRIVE THE EFFORT
- PROVIDING ADMINISTRATION SUPPORT
- DEVELOPMENT SEVERAL PLANS THROUGH
- PRODUCT APPARITION
- PRODUCT ROAD MAP
- SPRINT PLAN
- EVERYDAY PLAN
- DISCHARGING THE PLAN
All these help to start a pilot for agile
Answer:
An increase in sale for 90 units, will increase the net income for 1$,170
Explanation:
<em>We are not given with any information of additional cost or special price for this units, so we use the current values.</em>
So we simply multiply the contribution per unit by the increase in sale.
Contribution Margin x Δ sales = Δ income
13 x 90 = 1,170
Each unit contributes with 13 additional income, there are 90 additional units
Total income added 1,170
Answer:
Break-even point in units= 5,500
Explanation:
Giving the following information:
Selling price per unit $80
Contribution margin per unit $40
Total fixed costs $120,000
Tax rate 40%
Desired profit= $60,000
<u>First, we need to calculate the earnings before tax:</u>
EBT= desired profit / (1 - t)
EBT= 60,000 / (1 - 0.4)
EBT= $100,000
<u>Now, the break-even point in units using the following formula:</u>
Break-even point in units= (fixed costs + EBT)/ contribution margin per unit
Break-even point in units= (120,000 + 100,000) / (80 - 40)
Break-even point in units= 5,500
