Answer:
A. 40,900
Explanation:
Calculation for what Power Cords Corp.'s margin of safety (MOS) in units is:
First step is to calculate the Break-even
Break-even units = $1,650,000/($3,750 - $2,250)
Break-even units= 1,100 units
Now let calculate the margin of safety (MOS) in units
Margin of Safety = 42,000 - 1,100
Margin of Safety= 40,900 units
Therefore Power Cords Corp.'s margin of safety (MOS) in units is:40,900
Answer:
Cash flow is important to government entities because:
As with non-government entities, cash flow is important to government organizations because it is required for the operations of any organization regardless of whether they are government-owned or not, for-profit or not.
The measurable difference in the cash balance of any organization from one period to the next is referred to as Cashflow. No business or entity can continue operations if they keep taking out or spending more cash than they can make.
An administrator can plan for cash flow using a Cash Flow Planner.
This can take the form of a simple excel spread sheet with one column showing on one side all the monies that one is expecting to come in (Account Receivables) and an adjacent column showing all the monies one is expecting to pay out (Account payables).
At the bottom of the excel, you can show the bank balance.
There are specialised apps that help perform this function. An example would be Quickbooks, Planware, Cash Flow Planner, etc.
Cheers!
I wouldn't think so. It is a gift card to a store, it isn't straight cash. So No.
Financial counseling is the answer to your question
Explanation:
The journal entries are as follows
On January 1, 2020
No entry is required
On December 31, 2020
Compensation expenses Dr $71,500
To Paid in capital - stock options $71,500
(Being the compensation expense is recorded)
On December 31, 2021
Compensation expenses Dr $71,500
To Paid in capital - stock options $71,500
(Being the compensation expense is recorded)
The computation is shown below:
= $143,000 ÷ 2 years
= $71,500