Answer:
<u>Pro forma income statement in contribution format</u>
Sales ( 2,200 units × $ 12.00) 26,400
Less Variable Costs :
Variable manufacturing cost ( 2,200 units × $ 7.20) (15,840)
Contribution 10,560
Less Expenses :
Fixed manufacturing cost (3,600)
Fixed selling and administrative cost (1,200)
Net Income 5,760
Explanation:
A flexed budget shows the Budgeted Costs and Revenues at Actual level of production rather than the Budgeted level of production.
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Starlight creations can build a pipeline of leadership talent by providing leadership coaching.
- Starlight Creations may fill the void created when most high management leaves in five years by "offering leadership mentoring" to younger employees (particularly in middle management) inside the firm.
- The leadership training will prepare younger staff for top management roles while also saving the organization money on hiring external professionals to replace empty jobs.
- Leadership coaching is the deliberate process of improving individuals' abilities and competences so that they can work more successfully with others. Leadership development frequently focuses on effective communication skills, corporate coaching, and understanding the influence of various leadership styles. Coaches create a beneficial interaction that reveals the leader's hidden assets and faults.
Thus this is the meaning of leadership coaching.
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In a condition wherein a machine costing $148,000 and accumulates depreciation of $103,000 is sold for $59,000 cash, then the amount that should be reported as a source of cash under the cash flows from investing activities will be $59,000. Therefore, the option C holds true.
Cash flows from investing activities include the amount(s) spent by an organization over investing in different classes of assets with a view to pursue monetary returns. They include the amounts that are received or sent as cash at the time of purchase or sales of an asset of an organization.
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Complete question
g a machine with a cost of $148,000 and accumulated depreciation of $103,000 is sold for $59,000 cash. the amount that should be reported as a source of cash under cash flows from investing activities is:
a. Zero.
b. This is a financing activity.
c. $59,000.
d. $14,000.
e. This is an operating activity.
f. $45,000.
Explanation:
To formulate the LP model for this problem,
Let,
<em>X1 = Number of beds to produce</em>
<em>X2 = Number of Desks to produce</em>
Our objective function:
Max: 30X1 + 40X2
Constraints:
- 6X1 + 4X2 ≤ 36 available carpentry hours
- 4X1 + 8X2 ≤ 40 available vanishing hours
- X2 ≤ 8 (demand for X2)
- X1, X2 ≥0
Based on the constraints information as well as the objective function you can then solve using the graphical method.
The process of researching and creating new instruments to meet the requirements of investors and institutions in a financial environment that is rapidly shifting is known as financial engineering.
The application of mathematical techniques to the resolution of finance-related issues is known as financial engineering.Financial mathematics, mathematical finance, and computational finance are all other names for it.Tools from applied mathematics, computer science, statistics, and economic theory are used in financial engineering.
What distinguishes finance from financial engineering?
The fact that finance professionals use the products that finance engineers create in order to serve clients is a basic way to understand the difference between the two professions. Even though the two professions are distinct, they collaborated to create the industry we know today.
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