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Alexxandr [17]
3 years ago
10

_______________________ find ways to take the inflow of funds from many separate _________ of financial capital and transform it

into the funds desired by _______________ of financial capital.
Business
1 answer:
nata0808 [166]3 years ago
7 0

Answer:

The correct answer is letter "C": Financial capital markets; suppliers; demanders.

Explanation:

Financial capital markets channel savings and investments from capital providers -such as retail investors and institutional investors-to capital consumers such as companies, governments, and individuals. They do so by the sale of financial assets, such as equity and debt securities.

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If a company had a contribution margin of $1,000,000 and a contribution margin ratio of 40%, total variable costs must have been
dolphi86 [110]

Answer:

$1,500,000

Explanation:

Data provided in the question:

contribution margin of the company = $1,000,000

Contribution margin ratio = 40%

Now,

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thus,

Sales = \frac{1,000,000}{0.40}

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Variable cost = Sales - Contribution margin

or

Variable cost = $2,500,000 - $1,000,000 = $1,500,000

8 0
3 years ago
Prepare journal entries to record each of the following sales transactions of a merchandising company. The company uses a perpet
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Answer: please find the explanation column for answers

Explanation:

journal entry to record the sales transaction of a merchandising company:

Date        Account                           Debit           Credit

Apr 1      Account receivables        $5,400

                   Sales                                                   $5,400

To record cost of goods sold

 Apr 1           Cost of merchandise sold       $3,240

          Merchandise inventory                                   $3,240

2. To record sales  return of goods.

Date        Account                           Debit           Credit

 Apr 4             Sales Return       $620.00  

  Account Receivable                                $620.00

Cost of merchandised returned

Apr 4  Merchandise Inventory        $372.00  

 Cost of Goods Sold                                     $372.00

3.To Record Sales made from merchandise

Date        Account                           Debit           Credit

Apr 8      Account Receivable $2,200.00  

                     Sales                                             $2,200.00

To Record cost of merchandise Sold

Apr 8    Cost of Goods Sold             $1,540.00  

Merchandise Inventory                                        $1,540.00

 

4.Journal to record payment received from sales of merchandise

Date        Account                           Debit                Credit

Apr 11     Cash                   $4,780.00  

Account receivable                                            $4,780.00

Calculation

Amount due from Apr 1 st sale less than return on April 4 =Account receivables - Sales Return=   $5,400- $620=$4,780.00

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