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yaroslaw [1]
3 years ago
5

A good piece of advice for subject lines is to be

Business
1 answer:
TEA [102]3 years ago
6 0
To-the-point! No one is enticed to read an email that has a long and boring subject. Briefly sum up the content of the email into something like “Partnership opportunity”
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To increase total asset turnover, management must either increase sales or reduce total stockholders’ equity.A. TrueB. False
8090 [49]

Answer:

<u><em>FALSE</em></u>

Explanation:

Remember, total asset turnover is calculated using a ratio that measures how the management was able to use its assets to efficiently increase sales. Usually the total asset turnover is gotten by dividing a<em> company's sales </em>by its <em>total assets.</em>

<em />

To increase sales, management should <em>continue</em> to use its existing assets (not making purchase of any new asset), and at the same time reducing their purchases of inventory.

7 0
3 years ago
Peter hires Brunhilda to represent him and assist with the sale of his home. They sign a listing contract to memorialize their r
Sunny_sXe [5.5K]

Answer:

c. Express agency

Explanation:

An express agency can be defined as a type of contractual agreement between two (2) parties, which typically involves one party being instructed and authorized to act on behalf of the other person, usually referred to as the principal. Express agency is a fiduciary role.

In this scenario, Peter hires Brunhilda to represent him and assist with the sale of his home. They sign a listing contract to memorialize their relationship. Thus, the type of agency that has been created between Peter and Brunhilda is an express agency.

7 0
3 years ago
Bryce Co. sales are $801,000, variable costs are $465,100, and operating income is $287,000. What is the contribution margin rat
KATRIN_1 [288]

Answer:

Contribution margin ratio= 0.42

Explanation:

Giving the following information:

Bryce Co. sales are $801,000

Variable costs are $465,100

Operating income is $287,000.

<u>To calculate the contribution margin ratio, we need to use the following formula:</u>

contribution margin ratio= (sales - variable cost) / sales

contribution margin ratio= (801,000 - 465,100) / 801,000

contribution margin ratio= 0.42

8 0
3 years ago
Bailand Company purchased a building for $148,000 that had an estimated residual value of $8,000 and an estimated service life o
baherus [9]

The  journal entries relating to the building for the fifth year is: Debit Depreciation expense  $10,500; Credit Accumulated depreciation $10,500.

<h3>Journal entries</h3>

1. Dec 31  

Debit Depreciation expense         $10,500

Credit Accumulated depreciation   $10,500

(To record depreciation expense )

Book value=$148,000-($148,000-$8,000/10×4)]

Book value=$148,000-$56,000

Book value=$92,000

Depreciation=$92,000-$8,000/8

Depreciation=$10,500

2. Dec 31  

Debit Depreciation expense $24,000

Credit Accumulated depreciation $24,000

[($92,000-$8,000)×6/21]

(To record depreciation expense)

3. Dec 31    

Debit Accumulated depreciation $3,200.00

[($8,000×4)/10]

Credit Retained earnings              $3,200.00

(To record prior year adjustment for depreciation expense)

Dec 31  

Debit  Depreciation expense         $10,000.00

Credit Accumulated depreciation             $10,000.00

[($148,000-$8,000)/10]

(To record depreciation expense)

Therefore the  journal entries relating to the building for the fifth year is: Debit Depreciation expense $10,500; Credit Accumulated depreciation   $10,500.

The complete question is:

Bailand Company purchased a building for $148,000 that had an estimated residual value of $8,000 and an estimated service life of 10 years. Bailand purchased the building 4 years ago and has used straight-line depreciation. At the beginning of the fifth year (before it records depreciation expense for the year), the following independent situations occur:

1. Bailand estimates that the asset has 8 years’ life remaining (for a total of 12 years).

2. Bailand changes to the sum-of-the-years’-digits method.

3. Bailand discovers that the estimated residual value has been ignored in the computation of depreciation expense.

Required: For each of the independent situations, prepare all the journal entries relating to the building for the fifth year. Ignore income taxes.

Learn more about Journal entries here:brainly.com/question/17201601

#SPJ1

5 0
2 years ago
Marla would like to collect $225,000 to buy a house in 12 years. She thinks she can save money in a money-market account earning
Ymorist [56]

Answer:

The value of Q = $10,723

Explanation:

Please find attached.

6 0
3 years ago
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