Answer:
The correct answer is C.
Explanation:
Giving the following information:
Free Spirit Industries Inc. is considering a project that will have fixed costs of $10,000,000. The product will be sold for $37.50 per unit and will incur a variable cost of $10.75 per unit. The firm will be able to sell only about 200,000 units.
Price= ?
We need to calculate the price using the break-even formula:
Break-even point= fixed costs/ contribution margin
200,000= 10,000,000/ (P - 10.75)
200,000P - 2,150,000 = 10,000,000
P= 12,150,000/200,000
P= $60.75 per unit
Answer:
OPtion (C) is correct.
Explanation:
Given that,
Issuance of common stock = $100,000
Dividends paid to the company's stockholders = $2,000
Depreciation expense = $6,000
Repayment of principal on bonds = $40,000
Proceeds from the sale of the company's used equipment = $39,000
Purchase of land = $230,000
Cash flow from financing activities:
= Issuance of common stock - Dividends paid to the common stockholders - Repayment of principal on the company's own bonds
= $100,000 - $2,000 - $40,000
= $58,000
Therefore, the net cash inflow from financing activities is $58,000.
Answer:
1. When searching for unrecorded liabilities, the auditors consider transactions recorded <u>after</u> year end.
<em>Auditors consider transactions recorded after year end to determine if it was supposed to be recorded in the current period. </em>
2. Accounts payable <u>confirmation</u> can be mailed to vendors from whom substantial purchases have been made.
<em>As a way to keep a document trail, creditors from whom substantial goods were bought from can be mailed a confirmation. </em>
3. To gain overall assurance as to the reasonableness of accounts payable, the auditor may consider <u>ratios</u>.
<em>Ratios such as the Payables turnover can be used to evaluate the reasonableness of Accounts payable. </em>
4. When auditors find unrecorded liabilities, before adjusting they must consider <u>materiality</u>.
<em>
They must consider if the adjustment is material or significant enough to record. </em>
5 Auditiors need to consider <u>shipping terms</u> terms for determining ownership and whether a liability should be recorded.
<em>Shipping terms need to be considered because they can tell who owns goods in transit and therefore if a liability is needed for them. Shipping terms such as FOB Shipping point mean that the business incurs the liability as soon as the seller ships the goods. </em>
Answer:
to provide a brief technical summary of the report.
Explanation:
Answer:
The correct answer is: Decoupling.
Explanation:
Great Decoupling was a process detected in the 80s according to which employment growth, GDP growth per capita, and the percentage of families with average disposable income began to lag behind in relation to economic and productivity growth .
The worst thing is that this phenomenon has increased with the financial crisis that began in 2008 and appears today, apparently from the beginning of this century, as a structural change in the economies of developed countries.
Improving the rate of productivity of resources faster than the rate of economic growth is the idea behind the concept of "decoupling." That objective, however, requires an urgent rethinking of the links between the use of resources and economic prosperity, backed by a massive investment in technological, financial and social innovation, until at least freezing the level of per capita consumption in countries rich and help developing nations to follow a more sustainable route.