Answer:
(b) purchase contract with no contingencies.
Answer:
Wyzard Corporation
The revenue variance in the Revenue and Spending Variances column of a performance report comparing actual results to the flexible budget for July would have been closest to: ________
$1,800 F
Explanation:
a) Data and Calculations:
Fixed Element Variable Element Actual Total
per Month per Container for February
Refurbished
Revenue $3,800 $123,400
Employee salaries and wages $40,000 $1,100 $73,800
Refurbishing materials $700 $21,800
Other expenses $29,700 $28,800
Revenue variance
Budgeted revenue (flexible) = $121,600 ($3,800 * 32)
Actual revenue 123,400
Variance $1,800
Answer: The introduction of middlemen in business models is an example of REINTERMEDIATION.
Explanation: REINTERMEDIATION can be defined as the introduction of an agent acting as a mediator between a producer and the consumer.
An example can be a bakery that sells products directly adding retailer to help in the sale of their products. Which is also the case in the question whereby the travel websites are the intermediary between the airlines and the customers.
Answer:
the bad debt expense that reported in the income statement is $2,300
Explanation:
The computation of the bad debt expense that reported in the income statement is as follows;
= Total estimated uncollectible accounts - unused balance
= $3,200 - $900
= $2,300
Hence, the bad debt expense that reported in the income statement is $2,300
Answer:
B) countries with higher GDP per person tend to have healthier environments.
Explanation:
According to the 2020 Environmental Performance Index (EPI) elaborated by Yale and Columbia universities, a strong positive correlation exists between high GDP per capita and healthier environments. There are a few exceptions to this correlation, in Asian (especially Arab) countries where GDP per capita might be high, but the vast majority of income is received by a vary small number of people. But in the rest of the world, a high GDP per capita generally results in healthier environments.
