Answer: 36%
Explanation:
From the question, we are informed that the sales for Green Inc. are expected to change by 30% and that Green's degree of operating leverage is 1.20.
Green's operating income is expected to change by:
= 30% × 1.2
= 36%
Answer:
Date Account title and Explanation Debit Credit
Investment in nursery supplies share $69 million
Cash $69 million
(To record equity investment)
Investment in nursery supplies share $8 million
(40 million*20%)
Investment revenue $8 million
(To record share in net income reported by N' supplies)
Cash $7.5 million
(20 million*25%*1.50)
Investment in nursery supplies share $7.5 million
(To record share in dividend received from N' supplies)
Answer:
Failing to meet a deadline in the workplace may result in disappointing your co-workers, receiving a negative reaction from your boss, or even hurting your company as a whole. If you cultivate time management skills early, you will have a better chance of success in your future career.
Answer:
$1,000
Explanation:
The computation of gain on sales is given below:-
Depreciation per year = $40,000 - $10,000 ÷ 10
= $3,000
Life of equipment = 5.5 years
Accumulated Depreciation on equipment = 5.5 × $3,000
= $16,500
Book value of equipment = $40,000 - $16,500
= $23,500
Gain = Proceed from sale - Book value at the time of sale
= $24,500 - $23,500
= $1,000
All U.S gov. spending can be divided into 3 categories. 1) Mandatory spending. 2) Discretionary spending & 3) Interest on federal debt. Hope this helps you! :)