Answer:
straight land contract
Explanation:
Based on the information provided within the question it can be said that the type of contract that is being illustrated in this scenario is a straight land contract. This is a contract where the interest cannot be overrided and payments are not specific, meaning that you can go paying the contract off little by little but the interest will adjust accordingly.
Answer:
The correct answer is: option D
Explanation:
The degree of operating leverage (DOL) is a measure used to evaluate how a company's operating income changes after a percentage change in its sales. A company's operating leverage involves fixed costs and variable costs. It is a financial ratio that measures the sensitivity of a company’s operating income to its sales. This financial metric shows how a change in the company’s sales will affect its operating income.
There are two main formulas to calculate the DOL:
DOL= Contribution Margin/ Operating Income
or
DOL= [Qx(P-V)] / [QX(P-V)-F)
Where:
Q: the number of units
P: the price per unit
V: the variable cost per unit
F: the fixed costs
Answer:
a.Expenditure on new plants, equipment, and residential construction, plus changes in business inventories.
Explanation:
Gross investment is the punt that is invested in a business without considering depreciation cost. When depreciation is removed we get net investment.
Investment can be in fixed assets (such as new plants, equipment, and residential construction) or on variable assets (such as inventory or working capital).
Gross income is the total amount invested in fixed and variable aspects of the business.
Answer:
I'm figuring this out for you!
Explanation:
Answer:
The answer is: Montana should recognize its revenue equally throughout the year as they provide their services.
Explanation:
The accrual basis of accounting recognizes revenue when earned. This means that Montana Corporation should recognize revenue when its service has been performed, regardless of when those services were paid. That means they should recognize revenue equally throughout the year (every month) as they provide their services.
