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3 years ago

when a sale is made to a customer on credit, it creates an a/r that is classified on the balance sheet as

Business

1 answer:

zalisa [80]3 years ago

4 0

The correct answer is a current asset.

When a business makes a sale on account it creates an a/r, which stands for accounts receivable. Accounts receivable are categorized as a current asset on the balance sheet.

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Dorcan Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $7.5

stellarik [79]

Answer:

correct option is (A) 16,500 units.

Explanation:

given data

shirts sold = $7.50

variable cost = $2.25

after tax net income = $5,040

selling price =$10

solution

we get here first fixed cost that is

Break even sales units = Fixed costs ÷ Contribution per unit .............1

put here value

20000 = $\frac{fixed \ cost }{7.50 -2.25}$

Fixed costs = $105000

and

Fixed costs coming year will be

Fixed costs coming year = ($105000 × 1.10)

Fixed costs coming year = $115500

and

Variable cost = $2.25 + ($2.25 × $\frac{1}{3}$ )

Variable cost = $3

so that Contribution margin will be

Contribution margin = Sales price - Variable cost ............2

Contribution margin = $10 - $3

Contribution margin = $7

and

break even sales units is

break even sales = $\frac{115500}{7}$

break even sales = 16500 units

so correct option is (A) 16,500 units.

4 0

3 years ago

Customers' perceptions of a product are called the product's _____.

VLD [36.1K]

B/
I think it’s attributes

8 0

2 years ago

Read 2 more answers

Research suggests that the most important determinant of new product success is:

Ivan

The answer is managerial behavior. It is because this is the most important determinant of new product success because of its application and function of having to provide an increase with the participation of employees and the products that are being consumed by the consumers.

5 0

3 years ago

The application of marketing strategies and practices not for profit but rather to change or create behaviors that have a benefi

Bumek [7]

Answer:

Nonprofit Organization.

Explanation:

The application of marketing strategies and practices not for profit but rather to change or create behaviors that have a beneficial impact on targeted individuals or society as a whole is known as Nonprofit Organization which is a business that has been allowed tax-exempt situation by the Internal Revenue Service (IRS) as it promotes a social belief and provides a public support. A nonprofit necessarily assist the public in any way, whether by offering goods, services, or a combination of both.

6 0

3 years ago

Which of the following arguments about job analysis is most effective in order to gain the support of top managers? Group of ans

Dovator [93]

Answer:

The correct answer is letter "C": The process will help identify employee characteristics that will augment the firm's business strategy and increase the company's return on its staffing investment.

Explanation:

Job analysis is the study of the components needed to complete a job. Companies tend to use this approach to measure the investment necessary for units of production. Thus, in case an employee would like to convince top managers on reasons why to conduct a job analysis, the worker should focus informing the potential return the company could obtain in regards to the individual productivity of employees that could be increased if investing more in staffing.

7 0

2 years ago