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andreyandreev [35.5K]
3 years ago
12

Ivanhoe Company has the following information available for September 2020.

Business
1 answer:
IrinaK [193]3 years ago
5 0

Answer:

Contrinution margin per unit= $162

Explanation:

Giving the following information:

The unit selling price of video game consoles $540

Unit variable costs $378

The contribution margin per unit is the result of the deduction of the unitary variable cost from the selling price.

Contrinution margin per unit= 540 - 378= $162

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The Toy Store has beginning retained earnings of $318,423. For the year, the company earned net income of $11,318 and paid divid
kherson [118]

Answer: $322 241

Explanation: Retained earnings is the capital that is left over after total dividends has been deducted and paid out. It is calculated as follows:

Retained earnings = retained earnings at the beginning of the year + net profits made during the current year - dividends paid out.

∴ Retained earnings = $318, 423 (opening Retained earnings)+ $11,318 (net profits / income) - $7,500 (dividends)

=$322,241

The $25,000 new stock issued generated income to the business, but this does not fall in the retained earnings line item. Rather it falls under the Ordinary Share Capital line item, which includes all the company's issued share capital.

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4 years ago
Theory X managers implement a more rigid environment. a. increase diversity. b. strive to cut costs and increase efficiency. c.
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Answer:

b. strive to cut costs and increase efficiency.

Explanation:

Theory X managers is pessimistic. They believe people are lazy and unproductive. They will look to implement politics to increase the productivity,.

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3 years ago
A service animal can. A) cat. B) Snake C) Miniature horse D) Kangaroo true or false
Taya2010 [7]
False, because you can't really use those animals for a service.
5 0
4 years ago
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Which concept of liberty is involved in the answer to the question "what, or who, is the source of control or interference that
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7 0
4 years ago
Jane currently has $5,300 in her savings account and $2,000 in her checking account at the local bank. Instructions:
mrs_skeptik [129]

Answer:

A

  • M1 change = $500
  • M2 change = $0

B

  • M1 change = -$340
  • M2 change = -$180

Explanation:

A. M1 includes actual liquid cash in hand as well as cash in checking deposits.

M2 includes M1 as well as savings deposits and time deposits amongst others.

M1 change = +$500

$500 went from the Savings account which was not part of M1 to M1.

M2 change = $0

The money went from Savings to Checking which are both part of M2.

B.

M1 change = -$-180 - ( 500 - 180 -160 ) = -$340

Tax of $180 went out of the supply as tax. Jane deposits the remaining cash after paying $160 for goods into the savings account which is not part of M1. That remaining cash is = 500 - 180 - 160 = $160.

M2 change = -500 + 160 + 160 = -$180

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