Answer:
$57,100
Explanation:
The technique for this question to follow closely the payment cycle
<u>Calculation of January Cash Receipts</u>
Cash Sales ($59,000 x 10%) $5,900
Credit Sales in January ($59,000 x 40%) $23,600
Credit Sales in December ($51,000 x 50%) $25,500
Credit Sales in December ($21,000 x 10%) $2,100
Total $57,100
Conclusion
the expected cash receipts for January from the current and past sales is $57,100
Answer:
Option A: retro
Explanation:
Difference factors influence consumers to buy certain things. These factors are used to segment consumers. The segmentation is done includes: behavioural, demographic, geographic and psychographic.
Baby boomers fall under the demographic segmentation under the age classification of generations (includes: seniors, baby boomers, generation X and generation Y( college age students).
Today's college age students compose the largest generation. The baby boomer generation is the second largest and over the last thirty years or so, has been a very attractive market for sellers. Retro (old) brands or products that companies "bring back" for a period of time we're aimed at baby boomers during the economic downturn. A perfect example is the Pepsi throwback and Mountain Dew throwback, which are made with cane sugar like they were "back in the good old days" instead of corn syrup.
Therefore, the option that best suits the question is option A, RETRO.
Answer:
(ii) A check from a client made out to a third party and does not forward the check within 3 business days
.
(iv) Stock certificates from a client and does not return them within 3 business days.
Explanation:
As per the NASAA model custody rule, the investment advisor will have the custody of the assets of the client an associated person only if the adviser accidentally receives ' a check has been made by the client to the third party but it is not forwarded within three business days' and when 'the certificates of stocks from the client not returned to them within three business days.' Thus, these indirect documents make the adviser eligible to have custody of client's possessions. Thus, the <u>options ii and iv</u> are the correct answers.
Answer and Explanation:
a. The computation of the material price variance is shown below:
= Actual Quantity × (Standard Price - Actual Price)
= 725,000 × ($2.95- $3)
= 725,000 × $0.5
= $36,250 unfavorable
b. The computation of the material quantity variance is shown below:
= Standard Price × (Standard Quantity - Actual Quantity)
= $2.95 × (730,000 - 725,000)
= $2.95 × 5,000
= $14,750 favorable
And, the total direct material cost variance is
= Material price variance + material cost variance
= $36,250 unfavorable + 14,750 favorable
= $21,500 unfavorable
Answer:
compare the benefits and costs associated with any economic project or activity.
Explanation:
Cost benefit analysis is a method that is used to make the best option of projects to undertake by comparing the benefits against the cost of the project.
When the benefits outweighs the cost then it is a good endeavour. However when the cost is higher than the benefits then the project is not profitable and not a good action to be taken.
For example if the benefit from building a bridge is $30 million and the cost of building it is $15 million, based on the cost benefit analysis this is a good project to undertake.
