Answer:
$6,400,000
Explanation:
Reduction in mailing time = 1.5 day
Reduction in clearing time = 1.5 day
Reduction in firm processing time = 1.0 day
Total = 4.0 days
Daily interest on Treasury bills = 0.025%
Average number of daily payments to lockboxes = 4,000
Average size of payment = $400
The value of the proposal will be the average number of daily payments to lockboxes multiplied by the total of 4 days which is then multiplied by the average payment size. This will be:
= 4000 × $400 × 4
= $6,400,000
Option D Increase Decrease
Adjust a gain by crediting as unrealized gain and record a loss by debiting as unrealized loss in accumulated and other income account
Explanation:
Unrealized holding of gains and losses on securities available for sale may consider as unrealized gain or unrealized loss by considering the current market value (price) of such related securities in the securities market. The unsold securities occurs only on paper and has yet to be recognized by selling the same.
Only some unrealized gains are reported on the income statement and increase your net income, or profit and some unrealized losses are reported on the income statement and decrease your net income, or profit. So the option D - increase decrease has to be taken as answer for this question.
The study of similarities and differences among consumers in two or more nations or societies is referred to as cross-cultural analysis.
Answer:
A) 1,000 units
Explanation:
We first calculate the revised Fixed and Variable costs for 2013
In 2013,
Fixed costs = 250,000 * 1.20 = $300,000 as a result of 20% increase
Variable costs = 250 * 0.8 = $200 per unit as a result of 20% reduction
This gives us a contribution per unit of,
Contribution = Selling price - Variable costs = 500 - 200 = $300 per unit.
Revised break even point then,
Break even = Fixed Costs / Contribution per unit
Break even = 300,000 / 300 = 1000 units
Hope that helps.
