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3 years ago

10

A business's source documents:_____.A. Must be in electronic form. B. Include the ledger. C. Provide objective evidence that a t

ransaction has taken place. D. Are records of all increases and decreases in specific asset. E. Include the chart of accounts.

1 answer:

harina [27]3 years ago

8 0

C. Provide objective evidence that a transaction has taken place.

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Jose's monthly parking fee for april was $150; for may it was $10 more than april; and for june $40 more than may. His average m

boyakko [2]

Jose's monthly parking fee for April was $150; for many, it was $10 more than April and for June $40 more than May. His average monthly parking fee was<u> $166 </u>for these 3 months

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2 years ago

john a supervisor at the local factory revicea freuesnt requests from workers on how to fix the machine they use what shoud, joh

faust18 [17]

The answer is John should continue to fix the machine himself.

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2 years ago

Business at Korey's Comics has been good, and Korey expects the same business next month. However, due to an increase in busines

Bezzdna [24]

Answer:

ADDITIONAL REVENUE & ADDITIONAL COST

Explanation:

If Korey has made the decision to bring on an extra hand to help run the store in the afternoons and the new employee will make $435 per month; then there are 2 changes that will happen to the monthly net income

1. Increased Revenue: Since the new employee will be bringing in additional revenue of $435, then the direct impact of that is an increment in the revenue line of the income statement

2. Increased Costs: Secondly, this change will affect Korey's monthly net income in the area of cost because he has to pay the extra hand some sort of monthly salaries which will have a reducing effect on profit.

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3 years ago

In one paragraph highlight the characteristics of an entrepreneur

DIA [1.3K]

Answer:

Im not going to type a whole paragraph but ill give you some ideas.

Explanation:

An entrepreneur is someone who does many things like owning a buisness or having many hobbies .

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3 years ago

Read 2 more answers

E3-27 (book/static) The Home Style Eats has two restaurants that are open 24 hours a day. Fixed costs for the two restaurants to

vazorg [7]

Answer:

Explanation:

1.

Contribution Margin=Sales - variable cost =$8.75-$3.50=$5.25

Contribution Margin Ratio = Contribution Margin / Sales = $5.25/ $8.75=60%

Pre-Tax Net Income=Net Income/(1-tax rate)

$117,600/(1-0.36)=$183,750

Target Revenue =Fixed cost +Target Pre-Tax net Income/Contribution margin Ratio =($430,500+$183,750)/0.6=$1,023,750

2. Number of customers needed to Break Even

Fixed costs/Contribution margin per unit=$430,500/$5.25=82,000 Customers

Number of customers to earn 117,600 = (Fixed costs + 117,600)/5.25 = (430,500+117,600)/5.25 = 104,400

3.

Sales (170,000*8.75) 1,487,500

Less: Cost of goods sold (170,000*3.50) -595,000

Contribution margin 892,500

Less: fixed costs -430,500

Net Income before tax 462,000

Less: tax rate (462,000*36%) - 166,320

Net Income after tax 295,680

3 0

3 years ago