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3 years ago

14

The Tenant is responsible for insuring the Property for damage or loss to the structure, mechanical or improvements to the build

ing of the Property for the benefit of the Parties. Such insurance should include such risks as fire, theft, vandalism, flood and disaster.

1 answer:

AlladinOne [14]3 years ago

5 0

Answer: Insurance

Explanation: Insurance covers all fire, theft, vandalism ,flood and disaster.

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Pool Corporation, Inc., is the world’s largest wholesale distributor of swimming pool supplies and equipment. Pool Corp. reporte

maw [93]

Answer:

Explanation:

1. The journal entries are shown below:

Bad debt expense A/c Dr $3,378

To Allowance for doubtful debts A/c $3,378

(Being bad debt expense is recorded)

Allowance for doubtful debts A/c Dr $4,510

To Account receivable A/c $4,510

(Being written off amount is recorded)

2. The computation of the net sales is shown below:

= Gross sales - sales discount - sales return - credit card fees

= $140,756 - $1,344 - $996 - $2,129

= $136.287

7 0

3 years ago

Cheyenne is a manager at her company. She listens to an employee, Enu, voice his opinion about a policy that he disagrees with.

erastova [34]

Answer:

professional benefits

Explanation:

Based on the information provided within the question it can be said that this is an example of the professional benefits of listening. Listening to others in the workplace can bring various benefits to the workplace because it allows problems to be voiced and solved which like demonstrated in the question allows for a more relaxed and efficient work team.

3 0

4 years ago

Read 2 more answers

ABC Corporation owns 75 percent of XYZ Company's voting shares. During 20X8, ABC produced 50,000 chairs at a cost of $79 each an

Alika [10]

Answer:

$2,765,000

Explanation:

Calculation to determine what amount of cost of goods sold did ABC record in 20X8 prior to consolidation

Cost of goods sold= $79 each* 35,000

Cost of goods sold=$2,765,000

Therefore the amount of cost of goods sold that ABC record in 20X8 prior to consolidation is $2,765,000

5 0

3 years ago

Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its mo

11111nata11111 [884]

Answer:

Wingate Company

1. Contribution Format

Segmented Income Statement

For the most recent month

East Central West Total

Sales $408,000 $650,000 $580,000 $1,638,000

Variable expenses as a

percentage of sales 208,080 227,500 243,600 679,180

Contribution margin $199,920 $422,500 $336,400 $958,820

Traceable fixed expenses $280,000 $333,000 $204,000 $817,000

Non-traceable fixed expenses 238,000

Net income ($80,080) $89,500 $132,400 ($96,180)

2. The company's net operating loss will decrease by $28,824.

Explanation:

a) Data and Calculations:

WINGATE COMPANY

Income Statement for the most recent month

Sales $1,638,000

Variable expenses 679,180

Contribution margin 958,820

Fixed expenses 1,055,000

Net operating income (loss) $(96,180)

Division

East Central West Total

Sales $408,000 $650,000 $580,000 $1,638,000

Variable expenses as a

percentage of sales 51% 35% 42%

Traceable fixed expenses $280,000 $333,000 $204,000 $817,000

Non-traceable fixed expenses 238,000

West Division:

Traceable fixed costs = $229,000 ($204,000 + $25,000)

Sales revenue = $672,800 ($580,000 * 1.16)

Variable expenses = $282,576 ($672,800 *42%)

1. Contribution Format

Segmented Income Statement

For the most recent month

East Central West Total

Sales $408,000 $650,000 $580,000 $1,638,000

Variable expenses as a

percentage of sales 208,080 227,500 243,600 679,180

Contribution margin $199,920 $422,500 $336,400 $958,820

Traceable fixed expenses $280,000 $333,000 $204,000 $817,000

Non-traceable fixed expenses 238,000

Net income ($80,080) $89,500 $132,400 ($96,180)

2. Contribution Format

Segmented Income Statement

For the most recent month

East Central West Total

Sales $408,000 $650,000 $672,800 $1,730,800

Variable expenses as a

percentage of sales 208,080 227,500 282,576 718,156

Contribution margin $199,920 $422,500 $390,224 $1,012,644

Traceable fixed expenses $280,000 $333,000 $229,000 $842,000

Non-traceable fixed expenses 238,000

Net income ($80,080) $89,500 $161,224 ($67,356)

Decrease in net operating loss = $28,824 ($96,180 - $67,356)

7 0

3 years ago

You're now worried that the Veggie Burger may not be much of a profit-maker, so you decide to calculate its' Contribution Margin

AysviL [449]

Answer:

$2.28

Explanation:

You're now worried that the Veggie Burger may not be much of a profit-maker, so you decide to calculate its' Contribution Margin. You know that it costs you $4.67 to serve that burger. The menu price is $6.95. What is the Contribution Margin for the Veggie Burger

The contribution margin is the selling price- variable costs.

For veggie Burger,

selling price is $4.67

The variable cost is $6.95

Contribution margin is

= $6.95 - $4.67

=$2.28

5 0

4 years ago