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Serhud [2]
3 years ago
12

In Baer Food Co.’s Year 3 single-step income statement, the section titled Revenues consisted of the following: Net sales revenu

e $187,000 Discontinued operations: Income from operations of component unit (including gain on disposal of $21,600) 18,000 Income tax (6,000) Interest revenue 10,200 Gain on sale of equipment 4,700 Total revenues $213,900 In the revenues section of the Year 3 income statement, Baer Food should have reported total revenues of
Business
1 answer:
nikitadnepr [17]3 years ago
7 0

Answer:

Total revenue will be equal to $201900

Explanation:

We have given net sales revenue = $187000

Interest revenue = $10200

Gain on sale equipment = $4700

We have to find the to total revenue

Total revenue is given by

Total revenue = net sales revenue + interest revenue + gain on sdale equipment = $187000+$10200+$4700 = $201900

So total revenue will be equal to $201900

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Bramble Corp. sells one product and uses a perpetual inventory system. The beginning inventory consisted of 76 units that cost $
Andru [333]

Answer:

$6516

Explanation:

LIFO means last in, first out. It means that it is the last purchased inventory that is sold first.

Total sales in the month was 362 units, this would be taken from the inventory purchased during the month

= 362 x $18 = $6,516

8 0
3 years ago
Division A manufactures an aircraft engine component with unit variable product cost of $38 and market price of $50. Division A
olya-2409 [2.1K]

Answer:

The maximum transfer price would be $50.

Explanation:

The maximum transfer price is nothing but the market price for the product , which is the most simple way to derive a transfer price . Here by selling the components of aircraft engines at market price, there are very good chances of high profits to be earned. So the maximum transfer price should be $50.

7 0
3 years ago
In the _________________strategic focus, firms use their proactive environmental commitments in an attempt to differentiate thei
Alexus [3.1K]

Answer:

Beyond compliance leadership

Explanation:

Beyond compliance leadership is a very crucial strategic focus which requires a firm to go extra mile beyond the effort their compititors are making, their products should be differentiated from their competitors through proactive environmental commitments.

It should be noted that In the Beyond compliance leadership

strategic focus, firms use their proactive environmental commitments in an attempt to differentiate their products and services for their customers and also allows potential customers to consider the natural environment when they are purchasing products and services.

4 0
3 years ago
A company is analyzing two mutually exclusive projects, S and L, with the following cash flows:0 1 2 3 4Project S -$1,000 $895.0
almond37 [142]

Answer:

Project L is the better project as it has higher NPV and its IRR is 12.70%

Explanation:

- NPV of Project S as followed:

-1,000 + 895.03/(1+10.5%) + 250/(1+10.5%)^2 + 10/(1+10.5%)^3 + 5/(1+10.5%)^4 = $25.5

- NPV of Project L as followed:

-1,000 + 5/(1+10.5%) + 260/(1+10.5%)^2 + 420/(1+10.5%)^3 + 802.5/(1+10.5%)^4 = $67.

<u>=> Project L is the better Project as it has higher NPV.</u>

The IRR is the discount rate that puts the net present value of project's cash flows to 0 (zero).

- IRR of Project L as followed:

-1,000 + 5/(1+IRR) + 260/(1+IRR)^2 + 420/(1+IRR)^3 + 802.5/(1+IRR)^4 = 0 <=> IRR = 12.70%

7 0
4 years ago
Which of the following does NOT represent one of the major trends and developments in retailing?
hram777 [196]

Answer:

Social e-tailing is the correct answer.

Explanation:

4 0
3 years ago
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