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3 years ago

The effectiveness of a boycott depends on worker’s ability to do what?

1 answer:

3 0

The agreements on the boycott, or by not working and making sure that the company they are trying to boycott know that they need them to be a successful company.

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According to the text, why is trade school more

jek_recluse [69]

<u>Explanation</u>:

A trade school is becoming popular this because it serves as a home to acquire technical education.

Thus anyone who wants to learn a skill having no prior experience is a best fit for trade school. A major benefit of the trade school is that it provides practical lessons to students, often times they are grouped together in peers for projects which encourages group learning.

5 0

3 years ago

Read 2 more answers

Allstar Exposure designs and sells advertising services to small, relatively unknown companies. Last month, Allstar had sales co

Mariana [72]

Answer:

1. Prepare an income statement for Allstar for the past month.

The income statement is given below.

Sales $ 410,000

Commission Cost ($ 50,000)

Technology Cost ($ 75,000)

R/D Cost* ($ 200,000)

Selling expenses ($ 10,000)

Admin expenses ($ 35,000)

Net profit $ 40,000

* In absence of information it is assumed that research and development costs of $200,000 meet defination of expense as per accounting standard (IAS 38).

2. Briefly explain why Allstar's income statement has no line for cost of goods sold.

As per question Allstars is a service oriented company. In services oriented company there is no good that company is manufacturing and selling. So there will not be any cost of good sold line item in income statement.

6 0

3 years ago

Read 2 more answers

Pacific Packaging's ROE last year was only 6%; but its management has developed a new operating plan that calls for a debt-to-ca

Firdavs [7]

Answer:

13.75%

Explanation:

Calculation for what will be the company's return on equity

First step

Asset Turnover Ratio= Net Sales / Total Assets ------(1)

Given Asset Turnover Ratio =2.7

=> 2.7 = 4,000,000/ Total Assets (from equation 1)

=>Total Assets = 1,481,481 ------(2)

Second step

ROE = Net Income / Equity

Net Income = (EBIT - Interest Charges) *(1-tax rate)

Net Income = (356,000 -168,000) *(1-35%)

Net Income = $122,200 --------(3)

Equity = Total Assets *(1-debt ratio)

Equity = 1,481,481*(1-0.4) = $888,889 --------(4)

From equation 3 and 4

ROE = Net Income / Equity

ROE= 122,200/888,889

ROE =0.1375*100

ROE=13.75%

Therefore ROE will be 13.75%

5 0

3 years ago

What is the proper adjusting entry at December 31, the end of the accounting period, if the balance in the prepaid insurance acc

Darina [25.2K]

Answer:

Insurance $4,800 (debit)

prepaid insurance $4,800 (credit)

Explanation:

In order to find out adjusting entries. firstly, we need to calculate the difference between prepaid insurance account and Insurance account.

That could be done by subtracting $3,550 from $8,350.

Difference = 8350-3550= 4800

6 0

3 years ago

Indicate how much money will be paid to the creditor associated with each debt.

riadik2000 [5.3K]

There is not enough information to have a significant answer

3 0

3 years ago