Answer:
Option (B) is correct.
Explanation:
Given that,
Selling price per unit = $48
Desired profit margin on sales = 12.5%
Flyer’s current full cost for the product = $44 per unit
Profit = Selling price × profit margin
= $48 × 12.5%
= $6
Target cost of unit = Selling price - Profit
= $48 - $6
= $42
<span>A collision coverage type of insurance only the covers the
cost that is incurred due to damage to your car. It does not include the cost
for the other car. Therefore you will have to pay the total of $1,100</span>
Answer:
False!
Explanation:
that's why they are different sizes, material, and weight!
Some american dollars are worth alot more than a dollar in say, mexico. Our resources are more valuable.
Glad I could help!
The direct write off does not report about the bad debt and does not use the allowance where as the allowance method uses the allowance for doubtful accounts because it provides an estimate for the same.
<u>Explanation:</u>
The allowance method speaks to the accumulation and accrual basis of bookkeeping and is the acknowledged technique to record uncollectible records for monetary bookkeeping purposes. The direct write off method is utilized just when we choose a client won't pay.
The allowance method utilizes the stipend for doubtful records to catch amassed assessments of awful obligations. The direct write-off method does not report bad debt estimates; therefore, it does not use the allowance for doubtful accounts when reporting bad debts.
Answer:
cost of preferred stock will be equal to 4.56 %
Explanation:
We have given dividend on the preferred stock = $4.25
As the stock is sold for $93 per share so current price = $93
We have to find the preferred stock
We know that preferred stock is given by
Preferred stock = 4.56 %
So cost of preferred stock will be equal to 4.56 %