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2 years ago

Do you think the study of Financial Accounting can help you in running your business? Why?

Business

1 answer:

ss7ja [257]2 years ago

4 0

Answer:

It could save you alot of money, personally I run my own online business, and I do all the accounting myself instead of hiring someone to do it, although its very time consuming.

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Can someone help me with this business worksheet

Sholpan [36]

Answer:

uhm heyyyy I can help

8 0

2 years ago

Bonita Inc. has an investment in available-for-sale securities of $65000. This investment experienced an unrealized loss of $610

Serga [27]

Answer:

Decrease by $6100

Explanation:

Any gain or loss adjustment on an investment in available-for-sale securities is accounted for under the title Other Comprehensive Income in the Statement of Profit and Loss and Other Comprehensive Income. Thus, the effect of this loss on comprehensive income will be a Decrease by $6100.

6 0

2 years ago

If a drought ruins a significant amount of the coffee crop, then we would expect the price of

NikAS [45]

If a drought ruins a significant amount of the coffee crop, it is expected that the price of the coffee will rise. It is because if there are less products or the less it produces, it causes the product to rise because the product will be of demand by the consumers.

6 0

3 years ago

For the coming year, Belton Company estimates fixed costs of $60,000, the unit variable cost of $25, and the unit selling price

NeTakaya

Answer:

1. Break even point in units = 2,400 units

2. Sales required = 6,400 units

3. Operating income = $140,000

Explanation:

Given:

Fixed costs = $60,000

Variable cost =$25 per unit

Selling price = $50 per unit

Computation:

1. Break-even point in units of sales.

Contribution per unit = sales - VC

Contribution per unit = $50 - $25

Contribution per unit = $25

Break even point in units = Fixed costs / Contribution per unit

Break even point in units = $60,000 / $25

Break even point in units = 2400 units

2. Unit sales required to realize operating income = $100,000

Sales required = (Fixed costs + Operating income) / Contribution per unit

Sales required = ($60,000 + $100,000) / $25

Sales required = 6400 units

3. Operating income if sales total = $400,000

Contribution margin = [$25/ $50]100 = 50%

Operating income = Contribution margin - Fixed costs

Operating income = ($400,000 × 50%) - $60,000

Operating income = $140,000

5 0

3 years ago

Alina received $60 in the mail from her grandparents to buy whatever she wanted. She decided she could spend all of it on 4 t-sh

faust18 [17]

Answer:

(c) 7.5 bars, 2/15 shirts

Explanation:

Opportunity cost is simply defined as the next best alternative.

Opportunity cost also refers to the loss of foregone gain which could have resulted had a non chosen option been selected over the chosen option. For instance, the opportunity cost of storing money at home is the average market rate of interest which would've been earned had the same money been invested.

In the given question, the opportunity cost of a t shirt would be :

= $\frac{30\ Protein\ Bars}{4\ T\ Shirts}$

= 7.5 protein bars

Similarly, the opportunity cost for a protein bar would be:

= $\frac{4\ T\ Shirts}{30\ Protein\ Bars}$

= $\frac{2}{15} \ T\ Shirts$

Thus, the correct option is (c) 7.5 bars, 2/15 shirts

4 0

2 years ago

Do you think the study of Financial Accounting can help you in running your business? Why?​

Do you think the study of Financial Accounting can help you in running your business? Why?