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Leya [2.2K]
3 years ago
13

For a manufacturing company, selling price for an item is $472.00 per Unit, Variable cost is $235.00 per Unit, rent is $7,880.00

per month and insurance is $3000 per month. What is the contribution margin?
Business
1 answer:
vredina [299]3 years ago
3 0

Answer:

$237.00

Explanation:

Contribution margin = Selling Price  - Variable Cost

Contribution margin= $472 - $235

Contribution margin= $237.00

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All of the following statements related to preparation of the statement of cash flows under U.S. GAAP and IFRS are true except:
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Answer: IFRS permits the classification of cash outflows for interest expense under operating or financing based on which one results in better cash flows from operating activities.

Explanation: The cash flow statement includes only inflows and outflows of cash and cash equivalents; it excludes transactions that do not directly affect cash receipts and payments. These non-cash transactions include depreciation or write-offs on bad debts or credit losses to name a few.

6 0
3 years ago
John hamilton borrowed $500,000 from stone creek bank to open a new restaurant called sauce-it-up. John transferred $450,000 of
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The appropriate reflection of the cash transactions between these reporting entities is as follows:

        John Hamilton       Sauce-it-up          Stone Creek Bank

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           -$450,000

Balance $50,000            $450,000             -$500,000

<h3>What is a reporting entity?</h3>

A reporting entity is an economic unit that publishes general purpose financial reports to enable users make and evaluate their decisions about the allocation of scarce resources.

Thus, John Hamilton's cash holding increased by $50,000 net.  The cash holding of Sauce-It-Up increased by $450,000 while the cash holding of Stone Creek Bank decreased by $500,000.

Learn more about cash flows of reporting entities at brainly.com/question/24179665

7 0
2 years ago
School-aged children are regularly asked to fundraise for their school. Typically, they are required to sell a minimum amount. T
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Answer:

This question is incomplete, the options are missing. The options are the following:

a) Ceiling effect.

b) Floor Effect.

And the correct answer is B: Floor effect.

Explanation:

To begin with, in the field of statistics the term known as "Floor Effect" refers to the situation in where the gathering of data regarding an statistic instrument about a subject turns out to have a lower limit to the data values it can reliably specify. And the floor is understood to be as that lower limit in the chart or graphic created in the study of the subject. Moreover, this term is also used in the field of psychology when test are done to subjects in study as well.

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What is market power?
Sedbober [7]
I would say the correct answer is B. t<span>he ability of a company to change prices and output like a monopolist. Market power is basically the power of a particular company to manipulate the price of the product and thus affect all other participants, as well as customers. Monopolists have the greatest market power; conversely, in an ideally balanced economy, nobody would have market power. All participants would have equal chances and nobody would dictate the terms to others.</span>
8 0
3 years ago
In a merger or acquisition, an asset should be acquired if it: is a firm in the same line of business in which the acquirer has
Scorpion4ik [409]

It generates a positive net present value to the shareholders of an acquiring firm.

<h3>Why Do Companies Merge With or Acquire Other Companies?</h3>

Mergers and acquisitions (M&As) are the acts of combining two or more companies or assets in order to stimulate growth, gain a competitive advantage, increase market share, or influence supply chains.

KEY LESSONS

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  • A merger is the joining of two companies in which one of the companies ceases to exist after being absorbed by the other.

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To learn more about merger and acquisition from the given link

brainly.com/question/14195407

#SPJ4

4 0
2 years ago
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