Answer:
The company's income will decrease in $1,500
Explanation:
Giving the following information:
Burlington Company offers to purchase 3,000 units at $9 each. HHI will incur special shipping costs of $2.50 per unit. HHI Company $7 of variable costs.
The company has unused capacity, so we will not have into account the fixed costs.
Total variable cost= 7 + 2.5= 9.5
Selling price= 9
Marginal contribution= -0.5
Effect in income= -0.5*3000= $-1,500
Answer:
The correct answer is letter "D": It’s important to carefully compare each award letter you receive and calculate the net cost of each school so you can make a financially sound decision.
Explanation:
Award letters are received from each college or university where a financial aid application has been submitted. As each of them has different criteria to determine the eligibility of financial aid and handle different school fees. the applicant must <em>review in deep each financial aid offer and compare all of them to determine which is the most suitable</em>.
Answer:
Only those transactions that involve cash payments or cash receipts are recorded in the cash journal:
May 1, C. Li contributes cash tot he company
Dr Cash 12,000
Cr C. Li., capital 12,000
May 15, cash received from bank loan
Dr Cash 8,500
Cr Notes payable 8,500
May 18, collections from E. James
Dr Cash 1,250
Cr Accounts receivable 1,250
May 24, merchandise sold to B. Cox
Dr Cash 950
Cr Sales revenue 950
Dr Cost of goods sold 900
Cr Inventory 900
The May 7 and May 9 transactions should be recorded in the sales journal but not in the cash journal since they involve accounts receivables. COGS from May 24 transaction should also be recorded in the cash journal because the sales were on cash.
Answer:
The first option is correct
Explanation:
The number of stock repurchased need to first of all be determined.
The number of shares repurchased is the cash paid for repurchase of shares divided market price of $37.50
Number of shares repurchased=$187,500/$37.50=5,000 shares
number of shares outstanding after repurchase=30,000-5,000=25,000 shares
revised earnings per share=previous earnings per share*previous shares outstanding/the shares outstanding after repurchase
revised earnings per share=$1.22*30,000/25000=$1.464
P/E ratio=market price per share/revised earnings per share=$37.50/$1.464=25.61
It is a true statement that eskom's managers are actively involved in the decisions of the business.
<h3>What is a manager?</h3>
This refers to the officials responsible for supervising and motivating employees as well as directing the progress of an organization.
The role of manager includes to perform functions such as like planning, organizing, staffing, directing, controlling etc.
Most of these functions are essential for running an organization smoothly and achieving enterprise objectives.
Therefore, It is a true statement that eskom's managers are actively involved in the decisions of the business because the basic functions pointed above are made by the managers to achieve organizational goals.
Read more about managers role
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