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3 years ago

When a new manager stumbles who's at fault analysis?

1 answer:

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<span>When a manager stumbles, it could be viewed as a fault caused by the manager, the employees, and the company as well. The manager is all supported by everyone, so if someone drops the ball, or fails, the manager is at the brute front of it all.</span>

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Olden Company has provided the following information for this month: Sales Price $50 per unit Variable COGS $13 per unit Fixed C

Pie

Answer:

700 units

Explanation:

The breakeven point is also known as the BEP. The BEP is the number of units a company must sell for sales or revenue generated is equal to the cost incurred. As such, the BEP is the number of units that must be sold for the company to make neither a profit nor a loss.

Both sales and variable cost are dependent on the number of units sold.

The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.

Let the BEP units be T

35T = 11,000 + 3000 + T(13 + 2)

35T - 15T = 14,0000

20T = 14,000

T = 700

The company's new breakeven in units is 700 units

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3 years ago

Statement of Cash Flows Paige's Properties Inc. reported 2018 net income of $1.90 million and depreciation of $259,000. Paige's

SCORPION-xisa [38]

Answer:

See calculations below

Explanation:

With regards to the above we'll simply add back the given depreciation to the net profit for 2018

= Net income $1,090,000 + depreciation

$290,000

= $1,358,000

Cash flow for 201 is $1,358,000

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3 years ago

Unlike consumer credit, trade credit does not involve the use of a

hammer [34]

Answer:

Trade credit means many things but the simplest definition is an arrangement to buy goods and/or services on account without making immediate cash or check payments. Trade credit is a helpful tool for growing businesses, when favorable terms are agreed with a business's supplier.

Explanation:

Trade credit allows businesses to receive goods or services in exchange for a promise to pay the supplier within a set amount of time. New businesses often have trouble securing financing from traditional lenders; buying inventory, for example, on trade credit helps increase their purchasing power.

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3 years ago

Zephyr Inc. sells wind based systems for generating electricity. The company pays no dividends, but you estimate the stock will

kari74 [83]

Answer:

The price you should be willing to pay for this stock= $24.86

Explanation:

To estimate the stock will be worth $50 per share 5 years from now and you require a 15% rate of return for stock investments of this type . Therefore 50= xX1.15^5 by solving this equation we have x= 24.86 . The price you should be willing to pay for this stock= $24.86

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3 years ago

Match the following statements to the appropriate terms. An entry that involves three or more accounts. Transferring journal ent

Evgen [1.6K]

Answer: The answers are given below

Explanation:

• An entry that involves three or more accounts. = Compound entry.

A compound entry is when two or more journal entries are combined together on order to save time.

• Transferring journal entries to ledger accounts. = Posting

• The side which increases an account. = Normal account balance.

• A list of all the accounts used by a company. = Chart of an account.

A chart of accounts (COA) consists of all the financial accounts that are in the company's general ledger. It gives the the details of the financial transactions that is being conducted by a company for a particular accounting period.

• A record of increases and decreases in specific assets, liabilities, and stockholdersl items. = Account

• Left side of an account. = Debit

The debit is an entry used to record the amount that the entity owe and it is always listed on left-hand side of an account.

• An entry that involves only two accounts. = Simple entry

A simple entry is made up of two accounts while a compound entry is made up of more.

• A book of original entry. = Journal

A journal is a record of every financial transactions that a business takes part in.

• A list of accounts and their balances at a given time. = Trial balance

The trial balance consists of a list of all the general ledger accounts that is, both the revenue and capital that are contained in a business ledger.

• Has a credit normal balance = Revenue account

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4 years ago