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3 years ago

Scenario 2.02B

Business

1 answer:

KengaRu [80]3 years ago

6 0

Answer:

45.67%

Explanation:

The component percentage for total expenses is shown below:

Component percentage = (Total expenses ÷ Sales revenue) × 100

where,

Total expenses equal to

= Advertising Expense + Insurance expense + rent expense + supplies expense + utility expense

= $1,300 + $850 + $900 + $250 + $125

= $3,425

And, the sales revenue is $7,500

So, the component percentage is

= ($3,425 ÷ $7,500) × 100

= 45.67%

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Mrac [35]

Answer and Explanation:

The presentation of the partial income statement is presented below:

Nash Corporation

Partial income statement

Income from continuing operations $10,813,600

Discontinued operations

Loss from operations of a division $316,100

Loss from disposal of the division $206,600 ($522,700)

Net income $10,290,900

Earning per share

Income from continuing operations

($10,813,600 ÷ 10,000,000 shares) $1.08

Less Discontinued operations

($522,700 ÷ 10,000,000 shares) -$0.05

Net income

($10,290,900 ÷ 10,000,000 shares) $1.03

We simply deduct the losses from the income so that the net income could arrive

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3 years ago

If a firm sells on terms of 2/10, net 30 days, and its DSO is 28 days, then the fact that the 28-day DSO is less than the 30-day

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Answer:

False

Explanation:

If a firm sells on terms of 2/10, net 30 days, and its DSO is 28 days, then the fact that the 28-day DSO is less than the 30-day credit period tell us that the credit department is functioning efficiently and there are no past due accounts. This is a false statement.

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3 years ago

A company produces 11,900 units of which 200 are spoiled units because the process, even though carefully and efficiently execu

Andre45 [30]

Answer:

Normal spoilage rate = 1.6978% (Approx)

Explanation:

Given:

Total unit produce = 11,900 units

Normal spoil unit = 200 units

Abnormal spoil unit = 120 units

Total normal unit produce = 11,900 - 120 = 11,780

Computation of normal spoilage rate:

Normal spoilage rate = Normal spoil unit / Total normal unit produce

Normal spoilage rate = 200 / 11,780

Normal spoilage rate = 0.0169779287

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3 years ago

Aaron is proud of the traits associated with his countrymen. They are generally perceived as adventurous with a pronounced incli

bonufazy [111]

Answer:e) uncertainty avoidance

Explanation:

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People of different cultures respond or reacts differently when unplanned situations occurs.

Uncertainty Avoidance relates to the level to which individuals of a particular community are comfortable with uncertainty and the unknown.

People who belong to cultures with high uncertainty avoidance try to reduce the occurrence of unknown circumstances and to proceed with careful changes step by step by planning and by implementing rules and regulations. They have very low tolerance for change WHILE people who belong to low uncertainty avoidance culture accept and feel comfortable in unplanned situations and try to have as few rules as possible. They have high tolerance for change.

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3 years ago

On January 1, 2021, Red Inc. issued stock options for 200,000 shares to a division manager. The options have an estimated fair v

morpeh [17]

Answer:

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Explanation:

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The $400,000 compensation expense is debited to compensation expense account and credited to paid in capital-stock options $400,000 for each of the vesting period until the paid in capital -stock options account balance becomes $1,200,000 at end of year 3

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3 years ago