What do you mean by thta like polo true relegion like what
Answer:
Cash 291000 Dr
Factoring fees expense 9000 Dr
Accounts Receivables 300000 Cr
Explanation:
The factoring charge or fess is an expense for Laurel Company for the service provided by Hardy factors. So, whenever factoring is done, the ffactoring fees expense account will be debited as expense will increase. Th cash received is 300000 * 0.97 = 291000
The factoring fees is 300000*0.03 = 9000
As a result all of the accounts receivables will be credited from the books.
Answer:
option $13.30
Explanation:
Data provided in the question:
Units sold = 50,000
Revenue = $850,000
Fixed cost = $210,000
Variable cost = $140,000
Selling and administrative costs:
Fixed = $300,000
Variable = $45,000
Tax rate = 40%
Production and sales for the next accounting period = 40,000
Now,
Total Contribution margin = Revenue - Variable cost
= $850,000 - $140,000 - $45,000
= $665,000
Therefore,
For 40,000 units
Contribution margin per unit
= ( Total contribution margin ) ÷ (Number of units sold )
= $665,000 ÷ 50,000
= $13.30
Note : Contribution margin remains the same in per unit
Hence,
For 40,000 sales the Contribution margin per unit will be option $13.30
Answer:
B. USD 2,500/-
Explanation:
She has evidently selected an annuity which will pay her USD 150,000 face value of the mentioned policy in addition to that also an amount of USD 25,000 in interest, both chunks in 10 increments, the interest is taxable.
Answer:
there is a direct relationship between price and the quantity supplied.
Explanation:
If price rises, supply will rise because suppliers will see the opportunity to earn more profit.
If price falls, supply will fall due to low opportunity of profit to the suppliers.
