Answer:
The correct answer is D. When the product is sold and delivered to a customer.
Explanation:
It is recognized at the time of the sale, because the company receives an income as a result of the recovery of its cost plus the established profit margin. When the sale has not been made, it remains within the product inventories until the sale occurs and becomes an operational income.
Answer:
the required rate of return on the stock is 12.52%
Explanation:
The computation of the required rate of return on the stock is shown below:
= (Next year Dividend ÷ current stock price ) + growth rate
= ($1.68 ÷ $ 22.35 ) + 0.05
= 0.075 + 0.05
= 12.52%
Hence, the required rate of return on the stock is 12.52%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
<span>The fact that Jefferson owned slaves which holding the belief that slavery was immoral and wrong perfectly illustrates the gap between ideals and practices. Jefferson's worked for years to help end the slave trade and ultimately criminalized international slave trade while president. This shows that his ideals were against slavery. However, in personal practice, most of Jerfferson's wealth stemmed from the slaves that operated his family's plantation.</span>
Answer:
800 units
Explanation:
The net income earned is the difference between the total sales and the total cost. The total cost is the sum of the fixed and variable cost. The sales and variable cost are dependent on the level of activities or number of units produced and sold.
The difference between the sales and variable cost gives the contribution margin.
In light of the above,
let the number of units to be sold to achieve targeted income be x
Total sales = $23x
Total variable cost = 10x
2,500 = 23x - 10x - 7,900
13x = 7900 + 2500
13x = 10,400
x = 800 units
Answer:
Reject Order Accept order Net Income
Increase (Decrease)
Revenues = $0 $105,000 $105,000
(3750 units x $28)
Costs-Manufacturing = $0 -$71,250 -$71,250
(3750 units x $19 (VC)
)
Shipping $0 -$3,750 -$3,750
(3750 units x $1)
Net Income $0 $30,000 $30,000
Pharoah Electronic would realize the net Income of $30,000 by accepting the special order. Hence, the special order should be accepted.
