Answer:
The correct answer is C
Explanation:
Specialty retailer is the kind of retailer whose focus is on a particular categories of the product like office supplies or women's clothing.
So, in this case, David decided to host a party of Pampered Chef and he could purchase the items of the Pampered Chef at a discount and even the free items as he is hosting a party. So, Pampered Chef will be classified as the specialty retailer.
Answer:
Break-even point (dollars)= $2,218,919
Explanation:
Giving the following information:
Fixed costs= $821,000
Variable costs rate= 63%
<u>If the variable cost rate is 63%, then the contribution margin rate is:</u>
Contribution margin ratio= 1 - 0.63
Contribution margin ratio= 0.37
<u>Now, the break-even point in sales revenue:</u>
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 821,000 / 0.37
Break-even point (dollars)= $2,218,919
Answer:
Uncollectible account expense $8,600
Explanation:
The computation of the amount as the Uncollectible Accounts Expense on its Year 2 income statement is given below:
Allowance account - Beg year 2 $3,600 Credit
Written off account $6,600 Debited by
Unadjusted balance in Allowance account $3000 Debit
Adjusted balance required in Allowance account $5,600 Credit
Uncollectible account expense $8,600
i
Explanation:
you should sell your own shirts, jackets, pants, and etc.
Answer:
c, checking and saving accounts
