Answer:
131,250= number of units
Explanation:
Giving the following information:
<u>We need to calculate the number of units to be sold to maintain a profit of $175,000.</u>
Unitary variable cost= $3
Fixed expenses= $350,000
Selling price= $7
Net income= total contribution margin - fixed cost
175,000= number of units*(7 - 3) - 350,000
525,000 = number of units*4
525,000 / 4= number of units
131,250= number of units
True some people choose work for the money and others choose work that they love doing
Based on the ending balance on salaries payable in 2019, and the salaries expense, the salaries payable at December 2018 must have been $30 MILLION.
<h3>What was the Salaries payable balance?</h3>
This can be found by the formula:
= Ending salaries in 2019 - Salaries expense in 2019 + Salaries paid in 2019
Solving gives:
= 20 million - 90 million + 100 million
= $30 million
In conclusion, the ending salaries payable in 2018 was $30 million.
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Answer:
Financial statements are linked within and across periods in that
d) All of the above.
Explanation:
The linkage of all the financial statements can be traced to how they share interconnected information about the financial position and performance of an entity. The three more prominent financial statements include the income statement for the period, the statement of cash flows, and the balance sheet. While the income statement shows the financial performance by determining the profitability, the statement of cash flows concentrates on the inflow and outflow of cash, and the balance sheet shows the financial position, disclosing the assets, liabilities, and equity balances.
Answer:
d. Procurement management
Explanation:
There are ten knowledge areas that are defined in the Management Body of Knowledge, they are project integration management, scope management, cost management, communications management, procurement management, quality management, risk management, cost management, resources management, and stakeholder management. All these processes are involved when managing a typical project.
Project procurement management deals with the outsourcing and purchase of materials, services or results from outside the team managing the project. It could be in the form of hiring subcontractors to execute a particular job. Outside vendors and suppliers are liaised with to procure materials or goods needed for the completion of a project.