Answer:
D
Explanation:
If there is more bread for a low price more people will come.
I did this before.
P.S.S Please press the crown if you will.
Answer:
Net profit= $21200
Explanation:
Giving the following information we need to calculate the net profit or loss:
Revenues:
Fees for computer repairs $ 41,600
Fees for printer repairs 5,950
Total revenues= 47550
Expenses: (-)
Advertising expense 5,700
Salaries expense 18,500
Telephone expense 850
Utilities expense 1,300
Total expense= 26350 (-)
Net profit= 21200
Answer:
Budgeted Operating expense= $505,375
Explanation:
Giving the following information:
Operating Expenses Variable Operating Costs $.75 per unit sold
Fixed Operating Costs $475,000
Other Info: Units sold in 2016 40,500
To determine the budgeted operating expense, we need to use the following formula:
Operating expense= total fixed operating expense + total variable operating expense
Operating expense= 475,000 + 0.75*40,500= $505,375
Answer:
The answer is 10.71%
Explanation:
N(Number of periods) = 14 years
I/Y(Yield to maturity) = ?
PV(present value or market price) = $950
PMT( coupon payment) = $100 ( 10 percent x $1,000)
FV( Future value or par value) = $1,000.
We are using a Financial calculator for this.
N= 14; PV= -950 ; PMT = 100; FV= $1,000; CPT I/Y= 10.71
Therefore, the yield to maturity of the bond is 10.71%
Answer:
Debit Credit
Salaries expense $2,000
($400*5)
Salaries payable $2,000
Explanation:
The adjusting entry that shall be booked by the company in respect of salaries expense to be recorded in its accounts on December 31, 2010 is given below:
Debit Credit
Salaries expense $2,000
($400*5)
Salaries payable $2,000
Where the "5" represent the number of days from the December 27,2010 to the December 31,2010.
