Answer:
40%
Explanation:
The Dean company have a sales of $500,000
The break-even point in sales dollar is $300,000
Therefore, the company's margin of safety can be calculated as follows
Margin of safety= Sales-break-even sales/sales
= $500,000-$300,000/$500,000
= $200,000/$500,000
= 0.4×100
= 40%
Hencethe company's margin of safety percentage is 40%
The amount of his monthly net cash flow is the best example of qualitative information
The choice usefulness, decision model approach to accounting theory plays a significant supportive role in the utilization of qualitative traits or qualities required for information. The attributes that make the data supplied in financial statements valuable to users are referred to as qualitative qualities.
Fundamental qualitative traits that are desired in accounting information are produced by the demand for accounting information from investors, lenders, creditors, etc. Accounting information has six distinct qualitative traits.
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Answer: Pfizer is the world's largest pharmaceutical firm that's has a wide range in research. Most of their work is dependent on research they carry out, strategies they have developed from the research and innovation they put in place.
Explanation:
Pfizer is the world's largest pharmaceutical firm that's has a wide range in research. Most of their work is dependent on research they carry out, strategies they have developed from the research and innovation they put in place.
They look at making a concept in the future where they would work remotely and connect with workers in any where in the world and share information.
This arrangement would work for many other firms, as most firm have started planning towards working remotely, and many have started out the process already.
Organizational structure has a big role to play in the efficiency of an organization, it depicts the work flow from the top to the bottom, what each department is doing, who guides them and how they can do better.
Answer:
Nil
Explanation:
On receipt of the amount, the entries to be posted would be;
Debit cash account $27,000
Credit deferred revenue $27,000
Being entries to recognize cash received in advance for rental income.
As such, no rental income was earned in 2019. Amount to be included in Ral's taxable income for rent revenue is nil.
Answer: 0 years
Explanation:
The payback period calculates the amount of time taken to recoup the initial investment made in a project or in the purchase of a machine or building. It calculates how long the cumulative cash flow generated from a project equals the cost of the project.
The payback period for both machines are zero years because the cumulative cash flow is less than the cost of the machine.
For machine A - cumulative cash flow- $-47,000 is less than -$71,000
For machine B - cumulative cash flow, -$7,000 is less than -$52,000
Explanations on how the figures were derived is found in the attached tables.
