Answer: $75000
Explanation:
In order to solve the question, firstly we need to calculate the contribution margin ratio which will be:
= ($10 - $6) / $10
= 40%
Then, the break even sales will then be:
= Fixed cost / Contribution margin ratio
= $30000 / 40%
= $75000
Therefore, the break-even point in sales dollars is $75000
Answer:
a. Decision making
Explanation:
The data that the employee collects will be used to <em>decide </em>whether or not to perform maintenance.
Answer:
The Role of Marketing information systems
Explanation:
<em>The marketing information system is the collection, sort, interpretation, storage and distribution of the market informaiton in order to improve the planning, decision making and control of the marketers from both internal and external sources.</em>
I hope you find this information useful and interesting! Good luck!
Answer:
Graylon will receive $220,000 for the euros
Explanation:
The computation of the Graylon received amount is shown below:
= Payment received × 3-month forward rate
= €200,000 × $1.10
= $220,000
Since the Graylon received the payment in three months so the rate which applies will also of 3 months. That's why we use the 3-month forward rate.
Ignore all other rates which are given in the question
Answer:
Debit Cash $1,261
Dr card discount expense $39,
Credit Sales Revenue for $1,300
Explanation:
Stelloh's Berry Farm Journal entries
Debit Cash $1,261
($1,3,00-$39)
Dr card discount expense $39,
(3%×$1,300)
Credit Sales Revenue for $1,300
