What is the product of 546 × 5

Q 19.22: Portland and Hadley operate in the same industry. Portland's sales, variable costs, and fixed costs are $1,000,000, $70

vladimir1956 [14]

Answer:

Go up or down by the same amount as Portland’s because both companies have equal net income

Explanation:

Here are the options to this question :

A: Go up twice as much as Hadley’s, but go down only half as much as Portland’s.

B: Go up or down twice as much as Portland’s.

C: Go up or down by the same amount as Portland’s because both companies have equal net income.

D: Go up or down half as much as Portland’s.

Income = Revenue - total costs

total costs = fixed costs + variable cost

For Portland

$1,000,000 - ($700,000 + $100,000) = $200,000

For Hadley :

$1,000,000 - ($400,000 + $400,000) = $200,000

If each company experiences an equal increase or decrease in sales, Hadley's income will increase and decrease as much as Portland's because both companies have equal net income

6 0

3 years ago

The definition of inventory includes which of the following items? (Select all that apply.) a) items used currently in the produ

Yanka [14]

Answer:

Items a) and b)

a) items used currently in the production of goods to be sold items

b) held for resale items currently in production for future

Explanation:

Inventory consists of current assets to be used in production of final goods or are the ones which are final goods and held for sale.

In the given case also, statement a includes raw materials, which are used to make the final good to be sold, which is a part of inventory.

Further, statement b includes work in production or final goods which are currently in production but would be resold.

The items which are kept for their use as like machinery or furniture or which shall be disposed are not inventory but are in fixed assets category.

3 0

3 years ago

A precisely measured volume of 250.0 mL of a saturated NaCl(aq) solution at room temperature is heated to

antoniya [11.8K]

Answer:

0.3516 g/mL

Explanation:

Solubility = Mass of dry solute/ Volume of aqueous solution

= 87.9g / 250 ml

= 0.3516 g/mL

6 0

4 years ago

On October 1. Ebony Ernst organized Ernst Consulting, on October 3. the owner contributed $84,310 in assets in exchange for its

LuckyWell [14K]

Answer and Explanation:

The Preparation of the statement of cash flows is shown below:-

Ernst Consulting

Statement of cash flows

For the year ended Oct 31

Particulars Amount

Cash flow from operating activities

Cash paid for salaries -$2,160

($7,350 - $5,190)

Cash paid for rent -$3,910

Paid cash for telephone

expense -$790

Paid cash for miscellaneous

expense -$610

Net cash flow from operating activities -$7,470

Cash flow from investing activities

Purchase of equipment -$18,310

Net cash flow from investing activities -$18,310

Cash flow from financing activities

dividend paid -$2340

Initial investment in Cash $38,320

Net cash flow from financing activities $35,980

Net cash increase/decrease $10,200

Beginning Cash 0

Ending Cash $10,200

Therefore we indicate the minus sign for cash outflow while the positive amount shows cash inflow.

3 0

3 years ago

State tax officials, having had considerable success in persuading delinquent individuals to pay their back taxes through the in

Akimi4 [234]

Answer:

B) stiff fines are not the only way to collect past due corporate taxes

Explanation:

Collecting taxes is not an easy or inexpensive job. The IRS spends billions of dollars in order to collect taxes and the same applies to state taxing entities (at a smaller proportion).

So if state tax official can find a way to collect past due taxes then it should always be a good idea. Everyone loves a discount and corporations probably love discounts more. If the reduction or elimination of fines will make corporations pay their state taxes, then it's a great idea.

It's always better to collect $100 in taxes than to have $200 in past due taxes that aren't collected.

7 0

3 years ago