All categories

3 years ago

According to the video, in which areas are Accountants and Auditors involved? Check all that apply.

Business

2 answers:

Igoryamba3 years ago

8 0

Answer:

1, 4, 5, 6

Explanation:

Just did the assignment.

Crazy boy [7]3 years ago

4 0

Answer:

a. d. e. f.

Explanation:

You might be interested in

Identify the three most common forms of business organization.

zvonat [6]

sole proprietorships, partnerships, and corporations.

4 0

3 years ago

Dominique is a cutomer of Apexoria

Svet_ta [14]

What is the question here

6 0

3 years ago

If a demand for a product is inelastic, the value of the price elasticity of demand is: Group of answer choices zero. equal to o

Vaselesa [24]

Answer:

less than one

Explanation:

In the case when the demand of the product is inelastic that means the value of the price elastic of demand would be less than one

Therefore as per the given situation the last option is correct

And, the rest of the options are incorrect

So the same is relevant

4 0

3 years ago

Walmart initially used a focused cost leadership strategy to compete only in small communities by using sophisticated logistics

disa [49]

The response of local competitors was slow because they lacked the ability to marshal resources.

Explanation:

The focused cost leadership is a tactic in which businesses selling identical goods in a given market reduce their prices to raise sales and gain a competitive edge. Rather than sacrificing on value or already investing scarce resources to develop a commodity, reducing prices is a safer way to draw consumers. Walmart used such strategy to establish an edge in smaller communities but local competitors response was time taking as the resources were available but coordination among resources to result into proper manufacturing or servicing was lacking.

4 0

3 years ago

The following data are from the accounting records of Niles Castings for year 2: Units produced and sold 80,000 Total revenues a

Kruka [31]

Answer:

Gross Margin = $ 115,000 Contribution Margin= $ 144,500

Explanation:

Nile Castings

Income Statement

Year 2

Sales Revenue $ 270,000

Direct Materials $63,000

Direct Labor $ 33,000

Variable Manufacturing Overheads $ 18,000

Fixed Manufacturing Costs $ 41,000

Gross Margin $ 115,000

Less Marketing & Administrative Costs

Fixed Marketing Costs $ 38,000

Variable Marketing Costs $ 11,500

Net Profit $ 65,500

Nile Castings

Income Statement Under Absorption Method

Year 2

Sales Revenue $ 270,000

Direct Materials $63,000

Direct Labor $ 33,000

Variable Manufacturing Overheads $ 18,000

Variable Marketing & Administrative Costs $ 11,500

Contribution Margin $ 144,500

Less Fixed Costs

Fixed Manufacturing Costs $ 41,000

Fixed Marketing Coss $ 38,000

Net Profit $ 65,500

3 0

3 years ago