The flexible budget performance report directs managements attention to areas where corrective action can help control operations. Management uses the report to determine price and quantity variances.
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Answer:
$61
Explanation:
Calculation for What futures price will allow $1,000 to be withdrawn from the margin account
Let x be the futures price
Futures price =1000 units(x-$60 per units) = $1,000 loss
x-$60=$1,000/1000 units
x-$60 = $1
x=$60+$1
x = $61
Therefore the futures price that will allow $1,000 to be withdrawn from the margin account will be $61
Conflict resolution<span> is a process involved in the peaceful resolution of a </span>conflict<span>. It is a broader term than dialogue because it identifies several strategies or solutions an individual may use in peacebuilding. A dialogue is one of these solutions.</span>
The goal of a dialogue is to develop joint approaches to conflict resolution, and in so doing, improve relationships, understanding, and trust between individuals or groups who are in conflict with one another.
Answer:
5.1
Explanation:
Times interest earned ratio can be described as the ability of an organisation to make their debt payment within the stipulated period of time
The formular for calculating Times interest earned ratio is
= Earnings before interest and tax/Total interest payable
The interest exsense can be calculated as follows
Interest expense= $826,000×10/100
= $82,600
Since the income generated before income tax is $342,000
The time interest earned ratio is calculated as follows
= $342,000+ $82,600/$82,600
= $424,600/$82,600
= 5.14
= 5.1 ( rounded to 1 decimal place)
Hence the Times interest earned ratio is 5.1