Answer:
Contain information developed in preparing briefing papers, reports and studies
Explanation:
In simple words, records can be defined as the documents that keep information that is developed and scripted over time. The information can be originated through experiences, actions or research etc.
Records depict past information which is considered to be important and might be used in future for some reference. Thus, from the above we can conclude that the correct option is 1.
Answer:
The ending balance of retained earnings for the company $ 140.000
Explanation:
Retained Earnings increase the balance with the Net Income of each year that it's not withdrawalled by the owner or because are not paid dividends, to this case the owner only withdraw $10.000 of $50.000 generated during the year.
Answer: 6250
Explanation:
From the question, we are informed that Santiago company incurs annual fixed costs of $66,000. variable costs for santiago's product are $34 per unit, and the sales price is $50 per unit. santiago desires to earn an annual profit of $34,000.
The contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit for thus:
Contribution margin ratio = (Sales price - Variable cost)/Sales price
= (50-34)/50
= 16/50
= 0.32
Sales = (66,000 + 34,000)/0.32
= 100,000/0.32
= 312,500
Sales volume in units will be sales divided by price. This will be:
= 312,500/50
= 6250
<span>False. The bottom of the pyramid innovation or 'BoP' innovation refers to people who lives at the bottom of the society generally are hard to adept to new technologies and innovations. However, in recent years, 'BoP' innovation has been proven to have a huge market.</span>
