The question is incomplete:
Many years ago, Sprint Telecommunications aired an advertisement intended to demonstrate the clarity of reception Sprint customers could expect. The ad showed a rancher, who had used a different company, complaining that he had ordered 100 oxen from his supplier and instead received 100 dachshunds. The mix-up was probably due to the presence of _____ in the communication process.
A. noise
B. poor encoding
C. poor medium choice
D. improprer network choice
E. process loss
Answer:
A. noise
Explanation:
-Noise refers to something that affects the communication process like a sound.
-Poor encoding refers to not being able to use a medium to communicate.
-Poor medium choice refers to picking the wrong channel to communicate.
-Improprer network choice refers to picking the wrong transmission system to communicate.
-process loss refers to inefficiencies that affect the process.
According to this, the answer is that the mix-up was probably due to the presence of noise in the communication process because the statement indicates that the advertisement was intended to demonstrate the clarity of reception Sprint customers could expect and because of that, you can inferred that on the situation on the ad the probleem was due to noise that interfered with the clarity of the communication and because of that, the rancher received 100 dachshunds instead of 100 oxen.
Answer:
operating Income = Sales – Variable Costs – Fixed Costs
A CVP analysis is used to determine the sales volume required to achieve a specified profit level. Therefore, the analysis reveals the break-even point where the sales volume yields a net operating income of zero and the sales cutoff amount that generates the first dollar of profit.
Cost-volume profit analysis is an essential tool used to guide managerial, financial and investment decisions.
COST-VOLUME PROFIT ANALYSIS
Contribution Margin and Contribution Margin Percentage
The first step required to perform a CVP analysis is to display the revenue and expense line items in a Contribution Margin Income Statement and compute the Contribution Margin Ratio.
Answer:
Explanation:
Before recording the journal entries first we have to determine the stock dividend which is shown below:
= Number of outstanding shares × stock dividend percentage × market price on April 1
= 3,000,000 shares × 10% × $30
= $9,000,000
The Number of outstanding shares × stock dividend percentage = Issued shares
The journal entries are shown below:
On April 1, 2021
Retained earnings A/c Dr $9,000,000
To Common stock dividends distributable $300,000
To Paid-in capital—Excess of par $8,700,000
(Being the declaration of dividend is recorded and the remaining balance is credited to the Paid-in capital—Excess of par)
On June 1, 2021
Common stock dividends distributable A/c Dr $300,000
To Common stock $300,000
(Being distribution of the stock dividend is recorded)
The answer is D) only perfectly competitive firms maximize profits
