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3 years ago

I NEED THIS ASAP!!!!!

Business

2 answers:

mash [69]3 years ago

6 0

Definitely people skills

horsena [70]3 years ago

4 0

Answer:

they need people skills

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A contribution approach income statement ______. reports both gross margin and net income is prepared primarily for external rep

kvasek [131]

Answer:

separates costs into fixed and variable component

can assist with management decision making

Explanation:

The contribution margin may be defined as when we deduct the expenses of the variable from sales. Where contribution margin shows the organization revenue is contributing to net income and fixed cost.

The statement of contribution margin income tells of the earnings at various stages of operations.

This report of income is not used for external reporting purposes but rather for internal decision making by the management.

Therefore according to the above description, the last two statements are correct.

6 0

3 years ago

At December 31, 2020, the following information was available from Pharoah Co.'s accounting records:

Liono4ka [1.6K]

Answer:

Pharoah's inventory at December 31, 2020 was $81,120. The right answer is a.

Explanation:

In order to calculate Pharoah's inventory at December 31, 2020 we would have to calculate the following formula:

Ending inventory at cost=Ending inventory at retail*Cost to Retail ratio

Cost to Retail ratio=$772,000 ÷ $1,184,000

Cost to Retail ratio= 0.65

Ending inventory at retail=($1,184,000 – $9,200 – $1,050,000)

Ending inventory at retail=$124,800

Therefore, Ending inventory at cost=$124,800× 0.65

Ending inventory at cost=$81,120

Pharoah's inventory at December 31, 2020 was $81,120

3 0

4 years ago

Last year vaughn corp. had sales of $315,000 and a net income of $17,832, and its year-end assets were $210,000. the firm's tota

KATRIN_1 [288]

I have the same question if anyone can help please let me know

4 0

3 years ago

Bison Sporting Goods sells bicycles throughout the northeastern United States. The following data were taken from the most recen

Ira Lisetskai [31]

Answer:

C) 2,170

Explanation:

Purchase in August = Expected Sales in August + Target Inventory at end of August - Inventory at the end of July

= 2,080 units + 430 units – 340 units = 2,170 units

6 0

4 years ago

The Golden Goose is considering a project with an initial cost of $46,700. The project will produce cash inflows of $10,000 for

MrRissso [65]

The payback period is 4.06 years.

<h3>What is the payback period?</h3>

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Amount recovered in the first year = 46,700 - 10,000 = 36,700

Number of years it would take to recover 36,700 = 1 + (36700 / 12,000) = 4.06 years

To learn more about the payback period, please check: brainly.com/question/25716359

#SPJ1

6 0

2 years ago