Answer:
the target sales in units is 12,000 dinner cruise tickets
Explanation:
For FunTime Cruiseline to reach its target operating income of $30,000, it must first break -even then make a profit to the extent of $30,000.
This statement is presented in the formula below :
Target Sales - Units = (Fixed Cost + Target Profit) / Contribution per Unit
= ($210,000+$30,000)/( $50 - $30)
= $ 240,000/ $ 20
= 12,000
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Answer:
should be Globally acceptable with Flexibility, Leadership and Patience also with almost extreme Cultural Adaptability andLanguage Skills
Answer:
$86
Explanation:
Missing word <em>"What could be the net annual cost"</em>
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Monthly fee = $20
Interest rate = 4% = 0.04
Average monthly balance = $600
Net annual cost = $20*5 - 0.04*$600*7/12
Net annual cost = $100 - $14
Net annual cost = $86
So, the net annual cost of this account is $86.
Answer: Explanation:
We debit the contributed assets and credit the capital account
cash 11,290 debit
equipment 2,740 debit
capital account 14,030 credit ( 11290 + 2740)
we debit the asset and recognize the payable amount
supplies 450 debit
account payable 450 credit
we debit the assets and credit the revenue
cash 1,303 debit
account receivable 689 debit
service revenue 1,992 credit (1303 + 689)
we debit the expense and credit the asset we use to pay it
rent expense 634 debit
cash 634 credit
we debit the expense and credit the consumed asset
supplies expense 187 debit (450 purchase - 263 at hand)
supplies 187 credit