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3 years ago

True or false All 50 states have approved charter school.

Business

2 answers:

elena55 [62]3 years ago

7 0

It’s definitely false

nadezda [96]3 years ago

3 0

False it is not a true statement.

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The following data were taken from the records of Township Corporation at December 31 of the current year: Sales revenue $ 90,00

wlad13 [49]

Answer:

Administrative expense = $17,500

Explanation:

Administrative expense is classified as operating expense. It will be deducted from the gross profit to calculate the Pretax Income.

Sales revenue $90,000

Gross profit $37,000

Selling (distribution) expense ($5,700)

* Administrative expense ($17,500)

Pretax income $13,800

Income tax rate 35% ($4,830)

After Tax Income $8,970

Shares of stock outstanding 2,800

Pretax income is calculated as follow

Pretax Income = Gross profit - Selling (distribution) expense - Administrative expense

$13,800 = $37,000 - $5,700 - Administrative expense

$13,800 = $31,300 - Administrative expense

Administrative expense = $31,300 - $13,800

Administrative expense = $17,500

4 0

3 years ago

Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable costs are $135 per unit. T

fomenos

Answer:

Part (a)

At the break-even position, the Income Statement is as under:

Sales 12500 * $180 $2,250,000

Variable costs 12500 * $135 ($1,687,500)

Contribution Margin $562,500

Fixed Cost ($562,500)

Profit for the year $0

Part (B)

The sales required to breakeven due to increased fixed cost is $2,790,000

Explanation:

The breakeven point at normal fixed costs is:

Breakeven Point = Fixed Cost / Contribution per unit

Putting values we have:

Breakeven Point = $562,500 / ($180 - $135) = 12500 Units.

If the fixed costs increases by $135,000 which means the fixed cost becomes $697,500 then the breakeven point increases to:

Breakeven Point = $697,500 / ($180-135) = 15500 Units

The Sales required in dollars to breakeven on this new fixed cost level is:

Breakeven Sales = 15500 Units * 180 = $2,790,000

6 0

3 years ago

Companies such as starbucks and ibm are businesses that serve customers and suppliers wherever in the world they may be located

ddd [48]

The answer is :Globalization

Globalization refers to the situation when we able to integrate all of the resources and communication among all people in the world, not limited to country's border.

Globalization could only occurs after advanced technological development that allow people from other countries to make contact with one another in a fast and efficient way.

3 0

3 years ago

You are choosing among three apartments. Apartment 1 costs $700 per month, and lets you walk to work. Apartment 2 costs $600 per

kodGreya [7K]

Definielty not C. It would be B becuase 600+40=640 and so that is less than 700 and less than 800.

6 0

3 years ago

____________ refers to a consolidated network of business leadership whose concerns go beyond narrow decision-making within sing

sertanlavr [38]

Answer:

A. Institutional Capitalism

Explanation:

Institutional capitalism is the phenomenon whereby large institutions holds large share of the capitalistic enterprise. Capitalism in itself has to do with private companies having their own ownership of the production process. In this case, the capitalistic enterprise is done on the basis of institutional shareholding.

8 0

4 years ago