In what way did the cotton gin contribute to the dramatic rise in production?

Which of the following is required to be present in an Employment Verification Letter?

Furkat [3]

Answer:

name, title, salary, and dates of employment.

Explanation:

Im not sure with my answer ♥️

5 0

2 years ago

Kite Sales. Wendy is president of a business that manufactures kites. The kites of her company, ABC Kites, are sold to large toy

LuckyWell [14K]

Answer:

She violated the duty of loyalty

Explanation:

One of the fiduciary duties of a director is to always act in the best interest of the company .

Similar to this is the duty of loyalty that prevents the director from acting against the interest of the company and also guide the director against activities that could bring conflict of interest whereby he is involved in reaping personal benefits from the position she occupies .

This describes Wendy's action of personal dealing based on her position as the president of Kite sale

5 0

3 years ago

Sheffield Company reports the following operating results for the month of August: sales $315,000 (units 5,000); variable costs

frosja888 [35]

Answer:

1. the net income if selling price increased by 10% would be = $59,700

Net income increased by $31,500.

Explanation:

Given,

Sales = $315,000

Variable costs = $216,000

Fixed costs = $70,800

No. of units = 5,000

Sheffield Company

Income Statement (Contribution Margin Format)

Particulars $

Sales 315,000

Less: Variable expenses (216,000)

Contribution Margin 99,000

Less: Fixed costs (70,800)

Net Income 28,200

Since the selling price increased by 10% and no change in variable costs and volume, therefore, we can get -

Sales = $315,000 x (1 + 0.10) = $346,500

In this case, the net income will be as follows:

Sales = $346,500

Less: Variable Costs = (216,000)

Contribution Margin = 130,500

Less: Fixed Costs = (70,800)

Net Income = 59,700

5 0

3 years ago

Spears Co. had net sales of $53,404 million. Its average total assets for the period were $16,302 million. Spears' total asset t

liraira [26]

Given:
net sales = 53,404,000,000
Average total assets = 16,302,000,000

Total asset turnover is calculated by divided net sales by the average total assets.

Total asset turnover = net sales / average total assets
T.A.O = 53,404,000,000 / 16,302,000,000
T.A.O = 3.2759 OR 3.3

The total asset turnover indicates the company's ability to efficiently deploy its asset in generating revenue.

7 0

3 years ago

The logical sequence of the phases of a business cycle is: ____________

koban [17]

Answer:

phases in the sequence of Recession, trough, expansion and Peak

Explanation:

we know that 4 phases of a business cycle are

peak and downturn (recession) and trough and upturn (expansion)

top of cycle is called peak

and boom is a very high peak

recession where conomic activity is falling from the peak

and when decline persist for more than 2 consecutive quarters that is recession

and The bottom of the recession is trough

so we know business cycle is a economic model that describe fluctuation in economic activity

and that includes production of goods and service and business cycle go through its phases in the sequence of Recession, trough, expansion and Peak

7 0

3 years ago