Answer:
a) net income will increase
Explanation:
According to my research on different financial processes, I can say that based on the information provided within the question in this situation net income will increase. This is because at the time the sales invoice is issued, the client has not paid. Therefore once he pays in the future the business will receive that money and in term cause the net income to increase. Net income is what remains of a company's revenue after subtracting all costs, in other words the earnings of the business.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
Option (d) is correct.
Explanation:
Linear demand curve represents the relationship between the price of the goods and the quantity demanded for a particular good and there is a inverse relationship between the price of the goods and quantity of goods demanded.
The linear demand is elastic in nature at relatively higher prices. If there is a any increase in the price level then as a result the quantity demanded for that good decreases. Slightly change in the price level will lead to larger change in the quantity demanded.
Answer:
$5,000 and $7,500
Explanation:
For computing the preferred dividend and common shares dividend, first, we have to find out the yearly dividend which is shown below:
= Number of shares × par value per share × dividend rate
= 1,000 shares × $100 × 5%
= $5,000
The total dividend declared is $12,500
Out of $12,500, the $5,000 will be paid to preferred stockholders and the remaining $7,500 will be paid to common shares
Answer:
his contribution margin is $75750
Explanation:
given data
buys = $460
sell = $750
sales commission = 5%
store rent = $7000
pay for staff = $1800
to find out
what would be his contribution margin
solution
contribution margin is express as
contribution margin = sales - sales commission - cost of good sold .........1
put here value
contribution margin = 300 × 750 - ( 300 × 750) 5% - 300 × 460
contribution margin = 75750
so his contribution margin is $75750
