Answer:
I think its #1 bro i don't know
Answer:
Software solutions was hired to install and update software.
When job was completed,
Total revenue paid by Jones company = $1,800
As of December 31,
software installation completed = 1/2
Service revenue = 0.5 × $1,800
= $900
Therefore, the adjusted journal entry for the revenue is as follows:
On 31st December,
Accounts receivable A/c Dr. $900
To Service revenue $900
(To record revenue earned)
Answer:
S.S.S. should not purchase the shopping center because its NPV is negative, i.e. -$1,952,890.30
Explanation:
Note: See the attached file to see how the net present value is calculated.
From the file, it can seen that the project will result in a negative NPV of $1,952,890.30. Therefore, S.S.S. should not purchase the Shopping center.
Answer:
3,500 units
6,000 units
Explanation:
Given:
Sales Price = $15 per unit
Variable cost = $3 per unit
Fixed cost = $42,000 per month
A. Break even point
Break even point(in units) = Total fixed cost / (Sales Price - Variable cost)
= $42,000 / ($15 - $3)
= $42,000/ $12
= 3,500 units
B. Number of sales unit
Sales unit for desired profit = (Total fixed cost + Desired profit)/ (Sales Price - Variable cost)
= ($42,000 + $30,000) / ($15 -$3)
= $72,000 / $12
= 6,000 units
