Answer:
She Presents Last Year's Contribution Margin Income Statement (see Below), Which Is Based On A Sales Volume Of 100,000 Units (one Product Offering) And Operating Income Of $125,000. ... Judy Billows, owner of Billows Manufacturing has called a meeting with her department heads. She
Explanation:
Answer:
the expected return is 10.9%
Explanation:
The computation of the expected return is shown below:
= expected return × weightage
= 0.16 × 0.35 + 0.15 × 0.10 + 0.12 × 0.15 + 0.05 × 0.40
= 0.056 + 0.015 + 0.018 + 0.020
= 10.9%
Hence, the expected return is 10.9%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
The entry made by Trust Company on January 1 to record the proceeds and issuance of the note is
Debit Credit
Cash $100,000
Notes Payable $100,000
The right answer is c
Explanation:
According to the given data the interest will not be adjusted at the time of loan proceed and issuance of note
Therefore, The entry made by Trust Company on January 1 to record the proceeds and issuance of the note is the following:
Debit Credit
Cash $100,000
Notes Payable $100,000
To record the borrowing
Answer:
Since this is an example of the colliding task of two different managers, you would have to explain the point of view of the upper level manager and what he/she told you was your duty in the first place.
Even if the assistant manager thinks that not entering the sales is the most efficient idea at the moment, it would be wise to<u> stick to the upper level manager's requirement.</u>
The second course of action would <u>approve the assistant manager's requirement.</u> However, you would have to put out to your upper level manager, in a straightforward manner, that you listened to the assistant manager's suggestion. This is the course of action to opt for if you strongly think that the idea of not entering the sales is correct and won't cause damage that you and the assistant manager will be liable for afterwards.
