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Salsk061 [2.6K]

2 years ago

13

When you borrowed $50 from your rich cousin, and then had to pay her back $60, what is the original $50 called? a) Bribery b) In

terest c) Principal d) Credit

1 answer:

alexira [117]2 years ago

7 0

The correct answer is C. 100%. Please mark as brainliest! :) Have a blessed day!

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Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint: One way t

Marta_Voda [28]

Answer:

We prepared a contribution format income statement for each case, entered the known data, and then computed the missing items.

Part a:

Case 1

Units Sold 15000

Sales 180,000/15000 = $ 12

Variable Expenses 120,000/ 15,000 = $ 8

Contribution Margin $4*15000= 60,000

Fixed Expenses 50,000

Net Operating Income Loss <u>$ 10,000</u>

<u />

Case 2

Units Sold 4000

Sales 100,000/4000 = $ 25

Variable Expenses 60,000/ 4,000 = $ 15

Contribution Margin $ 10*4000= 40,000

Fixed Expenses 32,000

<u>Net Operating Income Loss $ 8000</u>

Case 3

Units Sold 10,000

Sales <u>200,000/10,000 = $ 20</u>

Variable Expenses 70,000/ 10,000 = $ 7

Contribution Margin $ 13* 10,000= 130,000

Fixed Expenses <u> </u><u> 118,000</u>

<u>Net Operating Income Loss $ 12,000</u>

Case 4

Units Sold 6,000

Sales 300,000/ 6,000 = $50

Variable Expenses 210,000/ 6000 = $ 35 per unit

Contribution Margin $ 15* 6000= $ 90,000

Fixed Expenses <u> 100,000</u>

<u>Net Operating Income Loss $ (10,000)</u>

<u />

<u>Part b:</u>

Case 1

Sales 500,000

Variable Expenses <u>400,000 </u>

Contribution Margin 20% of 500,000 = $ 100,000

Fixed Expenses 93,000

Net Operating Income Loss $ 7,000

<u />

Case 2

Sales 400,000

Variable Expenses 26<u>0,000 </u>

Contribution Margin 140,000

Fixed Expenses 100,000

Net Operating Income Loss $ 40,000

<u />

Case 3

Sales 250,000

Variable Expenses 1<u>00,000 </u>

Contribution Margin 150,000 ( 60 % of Sales )

Fixed Expenses 130,000

Net Operating Income Loss $ 20,000

Case 4

Sales 600,000

Variable Expenses 42<u>0,000 </u>

Contribution Margin 180,000 (<u> 180,000/600,000 *100 = 30 % )</u>

Fixed Expenses <u>185,000</u>

Net Operating Income Loss $ (5,000)

<u />

7 0

2 years ago

Tracing transactions through the information system relevant to financial reporting. inquiring of entity personnel. assessing in

borishaifa [10]

Tracing transactions through the information system relevant to financial reporting.

Financial reporting is the process of documenting and speaking monetary activities and performance over particular time intervals, usually on a quarterly or every year basis. corporations use monetary reports to prepare accounting data and document on contemporary economic status.

Financial reporting includes the subsequent: external economic statements (earnings announcement, statement of comprehensive earnings, balance sheet, declaration of coins flows, and declaration of stockholders' equity) The notes to the financial statements.

Financial reporting is crucial for management to make informed business decisions primarily based on information of the company's financial health. potential investors and banks may also use your enterprise's financial reporting to decide if they need to make investments or loan you money.

Learn more about Financial reporting here: brainly.com/question/28065899

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4 0

1 year ago

Information concerning Department A of Synergy Company for the month of June is as follows: Materials Units Costs Work in proces

vfiekz [6]

Answer:

0.78

Explanation:

beginning 22,000 with a cost of 15,675

started and completed: completed - beginning

99,000 - 22,000 = 77,000

equivalent units ending WIP 16,500 x100% = 16,500

equivalent units for materials 93,500

equivalent cost of materials: 73,260 / 93,500 = 0,78

for the equivalent cost we will calcualte only using the cost added during the period.

8 0

2 years ago

Perle, a dentist, billed Wood $600 for dental services. Wood paid Perle $200 cash and built a bookcase for Perle’s office in ful

Naddika [18.5K]

Answer:$600

Explanation:

The full amount of$600 will be credited to Perle as his service income on completion of the dental services and debited to wood account as a debtor.

The $200 will reduce the debt to $400 , the $400 which will be recorded through a journal by debiting bookcase and crediting Wood.

Narration. Recognition of bookcase built as debt payment.

7 0

3 years ago

Your project sponsor has asked you to explain the negative or threat risk response strategies and the opportunity or positive ri

Semmy [17]

Answer: kindly check explanation

Explanation: Risk as related to a project may be reffered to as occurrences or factors which could affect a project, they may not always be negative as usually perceived, they may be positive. Hence, when a perceived negative risk is perceived, it is essential to escalate and ensure that the necessary stakeholders become aware so as to find ways of mitigating or avoiding such happening.

In the case of positive risk or opportunity, escalating is equally important as it ensures relevant executives are aware and hence work on ways or processes to foster, embrace and exploit the advantage.

3 0

2 years ago