The role is to advertise and sell the product and persuade the buyer to buy ! I think that’s it
Answer and Explanation:
The computation of the net worth statement is shown below:
Assets
Checking account $800
Scooter $2,000
Total assets $2,800 (A)
Liabilities
OWed to jaycee Auto $920
River college $125
Total liabilities $1,045 (B)
Net worth $1,755 (A - B)
Answer:
public limited company
Explanation:
shares of public limited companies can be freely brought and sold on the sock market .
Answer:
Net Income for the Period is $41,018.
Explanation:
Emery Mining Inc.
Statement of Profit or Loss
Revenue $150,000
Operating Costs (75,500)
Depreciation (10,200)
Earnings Before Interest and Tax $64,300
Interest Expense (16,500*7.25%) (1,196)
Earnings Before Tax $63,104
Tax (35%) (22,086)
Earnings After Tax OR Net Income $41,018
Answer:
Instructions are below.
Explanation:
Giving the following information:
The marketing manager believes that increasing advertising costs by $74,000 in 2020 will increase the company’s sales volume to 12,700 units.
<u>We weren't provided with enough information to solve the requirement. But, I will provide the general structure:</u>
<u></u>
Sales= (number of units*selling price per unit)=
Total variable cost= (total variable cost per unit*number of units)=
Contribution margin=
Fixed costs= (fixed costs + incremental fixed costs)=
Net operating income
<u>If we want to determine the effect on income without an income statement:</u>
Effect of income= incremental units*contribution margin - incremental fixed costs
Contribution margin= selling price - unitary variable cost
