The correct answer would be : Charger
In the context of utensils, charger is some sort of medium that is used to provide elegance and enhance table's decoration. It's commonly used in a high class formal event
Answer:
Kodak sold its PPE for $108 million
Explanation:
The question here has missing sales figure for a PPE item for which the gain on sale is $14 million (given) .Sale price of PPE item are obtained from a PPE Disposal account.We need to first find the other missing figures of 1. Cost of the Sold PPE and 2. The Accumulated Depreciation of the Sold PPE item. After that we complete our PPE disposal account to find the missing figure of the Sale Price of PPE.
1. Cost of Sold PPE
Open a PPE at Cost Account: Opening Balance $ 7327 million (Debit), Addition of PPE $ 254 million (Debit),Closing Balance $6805 million(Credit).The Balancing figure of this account $ 776 million (credit) {7327+254-6805} is the cost of the PPE item sold.
2. Accumulated Depreciation of the Sold PPE Item
Open a PPE Accumulated Depreciation Account : Opening Balance $ 5516 million (Credit), Depreciation Expense $ 420 million (Credit), Closing Balance $ 5254 million (Debit). The Balancing figure of this account $682 million (Debit) is the Accumulated Depreciation of the PPE item disposed or sold.
3. Disposal Account and Calculation of the Sale Price (Balancing figure)
Open a PPE Disposal Account : Cost of PPE $ 776 million (Debit), Gain on Sale of PPE $ 14 million (Debit), Accumulated Depreciation of the PPE Sold $ 682 million (Credit). The Balancing figure of this account $ 108 million (Credit) {776+14-108} is the Sale Price of PPE item.
Thus Sale price of the PPE is $ 108 million.
Answer:
A
Explanation:
Working capital are the components of the current assets that represents liquidity , readily available for day to day business operation.
It is made up of cash , receivable , payable , inventory balance .
Due to the new development in the business of Butler automotive , there is an upsurge in the demand for oil which has led to the increase in the oil inventory to the tune of $5,000
This means that the required working capital of Butler also has to increase to meet up with the demand.
Answer:
It is an example of the Job enlargement
Explanation:
Job enlargement is a technique of job design,there is an increase in the number of tasks that are linked with a job. In short, it states the increasing in the duties as well the responsibilities.
In this case, Jared who is store employee, is responsible for the inventory requested from the manufacturer. But later boss gave an extra responsibility of ticketing the merchandise. So, this will be a example of the job enlargement.
Answer:
(Fixed expenses + Target net profit)/Contribution margin ratio
Explanation:
The formula to compute the dollar sales volume for attaining the target profit is shown below:
= (Fixed expenses + target profit) ÷ (Contribution margin ratio)
where,
Fixed expenses = Fixed cost
Target profit = The budgeted profit
And, the contribution margin ratio is
Contribution margin ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
