The high and low levels of activity are 90,000 miles in April and 50,000 miles in February. The costs at these two levels are $195,000 and $120,000, re-spectively. The difference in costs is $75,000 ($195000-120000), and the difference in miles is 40,000 (90000-50000). Therefore, variable cost per unit is $1.875computed as follows.
75000÷40000=1.875
Determine the fixed costs by subtracting the total variable costs at either the high or the low activity level from the total cost at that activity level
Variable cost=1.875×50,000=93,750
fixed cost=120,000−93,750=26,250
Answer:
The correct answer would be option A, Financial.
Explanation:
Xyz corporation has suffered a major downturn in business, and will not be able to pay interests on its bonds. This is an example of Financial Risk.
When companies or corporations face downturns in business, they actually encounter financial losses which in turn will affect the corporation and the shareholder or stockholders or bond holders. People who invested in the bonds of the company will not be able to get interests on their investments with the corporation. This is because the corporation is suffering financially and can't pay money or interest to the bond holders. This is a true financial risk for the investors as well as for the corporation.
Here is the answer. Given that Maldo Gernonimo spent $235 per night and he stayed for 2 nights so the total is $470. $46 per day so the two days is $92. And the transportation is $535. To sum this up, the total is $1,097. Since he has a budget of $1,200, the maximum that he can spend on dinner each of the two nights is $97.5. Hope this helps.
Answer:
A rights offering
Explanation:
Current shareholders can participate in a rights offering, by which they can purchase additional shares of the corporation. During a rights offering, current shareholders are given the first option to buy newly issued shares before those shares are offered to the general public.
Answer:
D. Inventory larceny scheme
Explanation:
Inventory larceny scheme: It is a scheme of misappropriation or stealing of inventory or any other assets by the employee from the premises of the company without recording the theft in the books of accounts. These assets are stolen to be sold to the third party or for personal use.
There are several non-cash thefts by employees, including inventory or other expensive assets of the company. Misuse of inventory or other asset is also included in a larceny scheme.
In the given case, Ben Rogers asked his sister Dawn to come into the store. When she arrived, Ben put three watches, two fishing reels, and four pairs of sunglasses in a sack and gave it to her, which is a clear case of asset misappropriation and it is called Inventory larceny scheme.
