A Deductible is what

Which of the following is an internal accounting report?

yaroslaw [1]

Answer: Internal reporting involves the compilation of financial and operational information on a frequent basis, which is distributed to those within an organization who can use it to improve performance. ... Internal reports are not shared with anyone outside of the firm.

8 0

4 years ago

A Samoan handicraft company is expanding its market into Australia and New Zealand. The company's director of marketing is resea

Flura [38]

Answer:

Both A) and B)

Explanation:

Samoa is a very small country that consists of two islands, and its population is less than 200 thousand. New Zealand and Australia are therefore, massive countries compared to Samoa, with very different cultures.

The Samoan marketing director should research the geography of New Zealand and Australia because it is very different from Samoan geography. He should also complete a demographic analysis (income bracket, gender, and age fall under this category) in order to profile possible customers.

Finally, cultural aspects and rituals such as those described in point B should also be explored in order to know what to expect from local clients, providers, and business partners, and also, in order to know how to advertise the services. (culture is a crucial factor in determining the type of advertising a company employs).

3 0

3 years ago

What is the annual cost per mile of operating a car given the following information? Item Value Annual miles driven 11,800 Gas c

GarryVolchara [31]

Answer:

Annual cost per mile of operating a car=$0.409 per mile

Explanation:

Step 1: Calculate the total cost of gas and other associated cost

Total cost of gas=price per gallon×number of gallons consumed

where;

price per gallon=$ 2.79

number of gallons consumed=24

replacing;

Total cost of gas=(24×2.79)=$66.96

Additional costs=Annual depreciation+interest+insurance+license+

repairs/oil+parking

where;

Annual depreciation=$2,500

interest=$650

insurance=$680

license=$65

repairs/oil=$370

parking=$498

replacing;

Additional costs=(2,500+650+680+65+370+498)=$4,763

Total costs=total gas cost+additional cost=(66.96+4,763)=4,829.96

Total annual operating cost=$4,829.96

Annual cost per mile=Total annual operating costs/number of miles driven

Annual cost per mile=4,829.96/11,800

Annual cost per mile=$0.409 per mile

5 0

4 years ago

Global Travel uses the contribution margin income statement internally. Global's first-quarter results are as follows:

Stells [14]

Answer:

Contribution margin ratio = Contribution Margin / Sales

= $ 315,000 / $ 525,000

= 0.6 or 60%

Hence, contribution margin at $ 230,000 Sales = Contribution margin ratio * $ 230,000 ( Sales )

= 0.6 * 230,000 = $ 138,000 ( Part A )

Contribution margin at $ 400,000 Sales = 0.6 * $ 400,000

= $ 240,000 ( Part B )

At Sales level of $ 230,000

Sales revenue $ 230,000

- Variable expenses (Sales - Contribution margin) $ 92,000

Contribution Margin ( From Part A ) $ 138,000

- Fixed Expenses $ 172,000

Operating Income / Loss $ (34,000)

At Sales level of $ 400,000

Sales Revenue $ 400,000

- Variable expenses $ 160,000

Contribution Margin ( From part B ) $ 240,000

- Fixed Expenses $ 172,000

Operating Income / Loss $ 68,000

Explanation:

Refer to the answer.

5 0

3 years ago

Sue is a small business owner who often gives gifts to clients. She gives a $40 gift to her client, Mr. Smith, and his wife. Sue

FromTheMoon [43]

Answer:

total amount of expenses = $801

so correct option is e. $801

Explanation:

given data

gift to client = $40

wrap the gift = $6

calendar cost = $1

calendar = 400

watch = $370

solution

we get here Calendar cost that is

Calendar cost = 400 × $1

Calendar cost = $400

and

we know that deduction limit of gift that is given t the another person is = $25

so here total amount of expenses

total amount of expenses = $25 + $6 + $370 + $400

total amount of expenses = $801

and it may be deducted

4 0

3 years ago