Answer:
A. Total assets will increase at the same rate as sales.
Explanation:
<em>Option E</em> is wrong because dividends will not increase at the same rate; therefore, retained earnings will not increase at the same rate as sales.
<em>Option D</em> is incorrect because sales are increasing, which leads to a different profit margin.
As sales increases to a specific percent, owners' equity will not remain constant. So, <em>option C</em> is wrong.
<em>Option B</em> is wrong because long-term debt will not change.
Option A is correct because if sales are credit sales; therefore, total assets will increase at the same rate as sales.
Answer:
a.
Break even in units sales = 11200 units
b.
Break even in units sales = 7000 units
Explanation:
Break even sales in units is the number of units needed to be sold in order for the company to reach a point where it covers all of its total cost with its total revenue and break evens. It is a point of no profit and no loss and the total revenue is equal to the total costs.
The formula to calculate break even in units is,
Break even in units = Fixed cost / Contribution margin per unit
Where, contribution margin per unit = Selling price per unit - Variable cost per unit
a.
Break even in units = 560000 / (280 - 230)
Break even in units = 11200 units
b.
Anticipated Break even in units = 560000 / (310 - 230)
Anticipated Break even in units = 7000 units
Corn products are used in the production of food as a result of regulations with in Federal Agriculture Improvement and Reform 1996 Act that allow farmers to choose the crops they want to cultivate.
<h3>Corn production and evolution;</h3>
The main feed grains are oats, barley, sorghum, and corn. With more than 95% of all feed grain use and production in the United States going to corn, it is the most important feed grain.
- Corn is farmed on more about 90 acres of land, with the Heartland region producing the largest of the commodity.
- The majority of the harvest is employed as the primary source of energy in animal feed.
- A wide range of food and commercial items, such as starch, sugars, corn oil, drinking and commercial alcohol, and fuel ethanol, are also made from corn.
- Higher yields resulted from advancements in technology (seeded varieties, fertilizers, herbicides, and machinery), as well as in production techniques, which led to an increase in corn production over time.
- Increasing corn prices and incentives on producers to expand corn acreage are the results of a strong demand towards ethanol production.
- By altering the corn and soybean crop rotations, farmers have frequently expanded corn area while lowering soybean plantings.
To know more about corn, here
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Answer and Explanation:
The computation of the predetermined overhead rate for each department is given below:
For department D
= Estimated manufacturing overhead ÷ direct labor cost
= $1,260,000 ÷ $1,800,000
= 70% of direct labor cost
For department E
= Estimated manufacturing overhead ÷ direct labor hours
= $1,625,000 ÷ 125,000
= $13 per direct labor hours
For department K
= Estimated manufacturing overhead ÷ machine hours
= $960,000 ÷ 120,000
= $8 per machine hours
Answer:
A
Explanation:
Market Intelligence System is a business analytics tool. What it does is that it analyses business data obtained from various sources- Customers, Competitors, supply chain, stores etc.
The data obtained is used to make necessary inferences all with an intent to retain, develop or acquire its customers.
A customer insight, or consumer insight on the other hand is an interpretation of trends in human behaviors which aims to increase the effectiveness of a product or service for the consumer, as well as increase sales for the financial benefit of those provisioning the product or service
Database is completely out of it as it is just a structured set of data held in a computer, especially one that is accessible in various ways.
