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3 years ago

Data concerning Dorazio Corporation's single product appear below:

Business

1 answer:

Reika [66]3 years ago

6 0

Answer:

30600 less 25 000 = 5600

increase in net income

Explanation

1400 units 1000 units

sales 224 000 160 000

(1400*160) (1000*160)

variable costs (106 400) (48 000)

(1400*76) (1000*48)

contribution margin 117 600 112 000

fixed costs (87 000) (87 000)

net operating income 30 600 25000

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Butte sold a machine to a machine dealer for $50,000. Butte bought the machine for $55,000 several year ago and has a claimed $1

pishuonlain [190]

Answer:

c. $7,500 ordinary gain

Explanation:

Depreciated value of Machine = $55,000 - $12,500

= $ 42,500

Sale price of Machine = $ 50,000

Gain on sale of Asset = $ 50,000 - $ 42,500

= $ 7,500

Therefore, The amount and character of Butte's gain or loss is $7,500 ordinary gain.

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3 years ago

Carolina is the vice president of the environmental club at her high school. She is in charge of e-mailing members about upcomin

Basile [38]

Answer:

Downward communication

Explanation:

She is a higher up in the club, and conveys information to the rest of the club members, who don't have as much of an important position. Her job is to move information given to her to the rest of the members.

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2 years ago

Fill in the missing amounts.

aleksandrvk [35]

Solution

Yoste Company Noone Company

Sales revenue($100,000 + $5,000) $90,000 $105,000

Sales returns and allowances ($6,000) ($5,000)

Net sales $84,000 $100,000

Cost of goods sold($100,000 - $40,000) ($58,000) ($60,000)

Gross profit($84,000 - $58,000) $26,000 $40,000

Operating expenses($40,000 - $17,000) ($14,380) ($23,000)

Net income($26,000 - $14,380) $11,620 $17,000

Net Income divide by Net Sales = Profit Margin Ratio
Gross Profit divide by Net Sales = Gross Profit Rate

Yoste Company :

Profit Margin Ratio = $11,620 divide by $84,000 = 13.83%

Gross Profit Rate = $26,000 divide by $84,000 = 30.95%

Noone Company:

Profit Margin Ratio = $17,000 divide by $100,000 = 17%

Gross Profit Rate = $40,000 divide by $100,000 = 40%

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3 years ago

The Federal Reserve conducts a $30 million open-market purchase of government bonds. If the required reserve ratio is 15 percent

PIT_PIT [208]

Answer

a. 200 million

b. 30 million

The answer and procedures of the exercise are attached in the image below.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

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3 years ago

"according to the ______ method of accounting, revenues are recognized when they are earned"

ZanzabumX [31]

Answer:

the correct answer is accrual-basis

Explanation:

"according to the accrual-basis method of accounting, revenues are recognized when they are earned"

good luck

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3 years ago