Answer and Explanation:
The computation of the margin of safety is shown below:
As we know that
margin of safety = Actual sales - break even sales
For Jakarta, it is
= $500,000 - ($80,000 ÷ 0.40)
= $500,000 - $200,000
= $300,000
And, for maldives, it is
= $6,620,000 - ($2,151,500 ÷ 50%)
= $2,317,000
Answer:
B $12,300
Explanation:
Note that the movements in the prepaid insurance account balance is as a result of payments and amortization of these expenses as they fall due. While additional payments increases the prepaid insurance balance, amortization reduces it.
Given that the ending balance in the Prepaid insurance account for 2018 is $1,400. This is the opening balance for prepaid insurance in 2019. Given that the insurance expense for 2019 is $12,800 and the ending balance in the Prepaid insurance account for 2019 is $900
Let the amount paid in 2019 be r
Then
$1,400 + r - $12,800 = $900
r = $900 + $12,800 - $1,400
r = $12,300
The right answer is B $12,300
Answer:
The average defective rate of the samples is:
6.3 samples per day
Explanation:
To calculate the average or mean defective rate, we will compute the total number of defective samples, and divide the result by the total number of days. It is important to note that day 7 is ignored during this calculation because there was no defective DNA sample on that day, hence it does not contribute to the average defective samples.
Total Defective DNA sample = 7 + 6 + 6 + 9 + 5 + 6 + 8 + 9 + 1 = 57
Total number of days = 9 ( Days 1 to 6, and 8 to 10).
Therefore, average defective rate = Total Defective DNA sample ÷ Total number of days
= 57 ÷ 9 = 6.3 DNA samples
A useful way of standardizing financial statements is to choose a base year and then express each item relative to that amount.
This is further explained below.
<h3>What is
a financial statement?</h3>
Generally, Financial statements are written documents that represent a company's commercial operations as well as its financial performance within a certain period of time.
Audits of financial accounts are often conducted by government agencies, accounting firms, and other organizations for the objectives of ensuring their correctness and meeting the requirements for taxation, financing, and investing.
In conclusion, Selecting a base year and then expressing each item in terms of its relationship to that amount is a practical strategy for standardizing financial statements.
Read more about financial statements
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