Answer:
I am unsure of what the question demands but in case it is a journal entry, it will be shown as:
Date Account Title Debit Credit
Feb, 2, 20-0 Inventory N10,000
Cash N10,000
Cash will be credited because assets are credited when they decrease and Inventory will be debited because assets are debited when they increase.
first look at the starting value then approximately affect the ending value
Answer:
Employability.
Ethics.
Systems.
Teamwork.
Career development.
Problem solving.
Critical thinking.
Information technology application.
Explanation:
Answer:
The annual financial disadvantage of eliminating the division is $30,000.
Explanation:
contribution margin = revenue - variable costs = $200,000
fixed expenses = $500,000
net loss = $300,000.
If the division is eliminated, only $170,000 of the fixed expenses can be avoided, therefore the company's fixed expenses will remain at $330,000.
Therefore, eliminating the children's division will result in a $30,000 (= $330,000 - $300,000) decrease in net income.
