Answer:
Alternative A : 7,800 units
Alternative B: 5,250 units
Explanation:

Were:

for A:
15 - 10 = 5 contrbution margin
each unit contributes 5 dollars
then: $39,000 fixed cost / $5 per unit = 7,800 units
It need to sale 7,800 untis to pay the fixed cost generated for alternative A
for B:
15 - 11 = 4 contribution margin
each unit contributes 4 dollars
then: $21,000 fixed cost / $4 per unit = 5,250
It need to sale 5,250 units to pay the fixed cost for this alternative
Answer:
Yes
Explanation:
<em>Depreciation can summarily be defined as spreading the cost of a tangible item over the course of the through which the item would be useful.</em>
When an item such as office furniture, electronics, etc., is purchased, the lifespan of the item is estimated and the cost is spread over the period of its lifespan. At the end of each financial period, the cost of the item for the period is removed from the value of the item and the new value is input into the balance sheet.
Correct answer: yes.
Answer: soft money
Explanation:
Hard money and soft money are just ways by which several kinds of currencies are being described. While hard money simply refers to coins, soft money is used to refer to the paper currencies.
Soft money can also refer to the cash that is being given to a particular political party that has no limits being attached. It is the money that interests can spend on behalf of candidates without being restricted by federal law.
Answer:
37 days
Explanation:
Given the following :
Date of purchase = 6th of February
Bond interest is paid on January 1st and July 1st.
Since, the treasury bond was purchased on the 6th of February, the the accrued or accumulated interest will be calculated from January 1st till the purchase date (6th of February).
(Number of days in January) + 6 days in February
Number of days in January = 31
Days of accrued interest = (31 + 6) = 37
Answer:
Aug 2 2013 Notes Receivable 6000 Dr
Accounts Receivable 6000 Cr
Oct 31 2013 Interest Receivable 180 Dr
Interest Revenue 180 Cr
Oct 31 2013 Cash 6180 Dr
Notes Receivable 6000 Cr
Interest Receivable 180 Cr
Explanation:
When the note is received, the customer account will be closed and accounts receivable will be credited while a new asset of notes receivable will be created and notes receivable is debited.
The interest on notes receivable is calculated assuming a 360 day year and the 12% is annual interest rate.
The interest on note is 6000 * 0.12 * 90/360 = $180
The interest is income so wull be credited while as it is receivable, the interest receivable will be debited.
On 31 October when the note is honored and cash is received, it will be total of principal + interest so cash = 6000 + 180 = 6180
As a result, the assets notes and interest receivables will be closed and credited against cash.