Answer:
It will decrease by $20,000.
Explanation:
In this exercise the resolution is:
$300,000 –$150,000 –$60,000 –$70,000 = $20,000
This product contributes $20,000 toward corporate profits, therefore, discontinuing this product will decrease operating income by $20,000.
Answer:
See answer below
Explanation:
In the books of Landen Consulting, the cash payment will be recorded as follows.
Debit Cash Account $400
Credit Account Receivables $400 (this would have been Revenue if the payment was made in the same month).
Since both accounts affected are assets account, the effect of the transaction on the accounting equation will be as follows.
Equity + Liabilities = Assets
Equity + Liabilities = Assets + Cash ($400) - Account Receivables ($400)
= Equity + Liabilities = Assets.
Answer:
ii. Private not-for-profit and for profit hospitals report residual equity within the categories of Net Assets with Donor Restrictions or Net Assets without Donor Restrictions, but government owned hospitals do not
Explanation:
Which of the following is true with respect to hospitals. What amount should be reported in revenues and provision for bad debt for these items? i. Private not-for-profit and for-profit hospitals record depreciation expense, but government-owned hospitals do not ii. Private not-for-profit and for profit hospitals report residual equity within the categories of Net Assets with Donor Restrictions or Net Assets without Donor Restrictions, but government owned hospitals do not C. Private not-for-profit and for groft hospitals may report cash flows from operating activities on the indirect method, but government-owned hospitals may not D. All of the choices are true
Answer:
Downward communication
Explanation:
She is a higher up in the club, and conveys information to the rest of the club members, who don't have as much of an important position. Her job is to move information given to her to the rest of the members.
Answer:
d. Design utilization is 66%.
Explanation:
If the clinic gave flu shots to 330 seniors over ten hours, that's an average of 33 seniors per hour, comparing to the design capacity and effective capicity gives:
Therefore, Design utilization is 66% and Effective utilization is 75% so the answer is D.