<span>The issue isn't black and white, a true answer is closer to the middle ground but to play devil's advocate I personally believe investors have a net positive effect on companies they keyword: invest in. Investments naturally leads to expansion and growth, that's always at least a main goal of anyone profitable company. It produces more jobs, but it can have the negative effect of curbing jobs in the name of cutting costs. A lasting problem is an overreliance in investment when companies don't have enough liquidity to continue running and is forced to sell assets valuable to the business in times of panics and reduced investment. Overall investors are in large part a reason for the success of modern corporations.</span>
Answer:
800,000/600,000=1.33
Profit percentage = 1.33-1=0.33=33%
0.02*800,000=16,000 worth of goods returned
Profit= 0.33*16,000=5280
COGS= 16,000-5280=10,720
Adjusting Entry
Debit Credit
Goods returned 10,720
Profit 5,280
Cash 16,000
Explanation:
Answer:
(a1) $761,000
(a2) $504,000
(a3) $793,000
Explanation:
(a-1) Amount of net sales reported as revenue in the income statement:
= Cash sales + Credit sales
= $289,000 + $472,000
= $761,000
(a-2) Amount of cash received from collecting accounts receivable:
= Credit sales + Decrease in accounts receivable
= $472,000 + $32,000
= $504,000
(a-3) Amount of cash received from customers:
= Cash sales + Amount of cash received from collecting accounts receivable
= $289,000 + $504,000
= $793,000
Answer:
Simple Interest=P*r*n= $20 million * 0.18 * 1= $3.6 million
Therefore amount accumulated= $20 million + $3.6 million = $23.6 million
Amount accumulated through Compound Interest=P×(1+r) ^t
= $20 million( 1+0.18/12)^12= $23.912 million
Explanation:
Simple interest is based on the principal amount of a loan or deposit, while compound interest is based on the principal amount and the interest that accumulates on it in every period.
The break even point in composite units is 5000 units.
Break even point
The Break-even point is calculated by dividing the fixed cost by the contribution margin per unit.
For this sales mix, the contribution margin per unit is the aggregate of each contribution margin. Contribution margin is calculated by subtracting variable cost from the selling price
Contribution margin for A is $20- $12 = $8 x 3 units
Contribution margin for B is $ 30 - $18 = $12 x 2 units
Contribution margin for C is $40 -$24= $16 x 1 unit
Total contribution margin per unit will be
(8 x 3) x (12 x 2 ) x( $16 x 1)= $64
Break-even point = $320,000 /64
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