<span>This is often referred to as context-sensitive help. It is help that refers to a single situation and state, and depends on the situation, or 'context', of the circumstances. This is because fields are specialized, and general knowledge is usually not applicable to specific sets of circumstances.</span>
Answer:
$90 and $108
Explanation:
The computation of the costs of goods sold is shown below:
At Sales volume of 50 units:
= Selling price per unit × number of units × given percentage
= $3 × 50 units × 60%
= $90
At Sales volume of 60 units:
= Selling price per unit × number of units × given percentage
= $3 × 60 units × 60%
= $108
Simply we multiplied the selling price per unit with the number of units and the given percentage so that the correct amount can come
Answer:
$183,000
Explanation:
Advanced Company
<u>Income Statement for the year - absorption costing</u>
Sales ($71 x 21,000 units) $1,491,000
Less Cost of Sales ($1,008,000)
Gross Profit $483,000
Less Expenses
Operating expenses ($300,000)
Net Income $183,000
where,
Cost of Sales = Units Sold x Product Cost
= 21,000 x $48
= $1,008,000
Product Cost = all manufacturing costs (absorption costing)
= $19 + $21 + $3 + ($175,000 ÷ 35,000)
= $48
Answer:
corporate finance
capital markets
investments
Explanation:
Corporate finance is a branch of finance that is concerned with how companies manage their sources of funds, capital structure and make investment decisions.
Ethan must make a decision on how to minimise cost so as to acquire more assets. the purchase of asset is an investment decision. the area of finance here is corporate finance.
Capital market is a market where buyers and sellers come together to buy and sell financial securities.
There are two types of capital markets :
- Primary market - new issues of stocks and securities are traded in this market.
- Secondary market -previously issued securities are traded in this market.
Radford is selling a newly issued common stock. He is engaged in the primary market of the capital market
Investment is an asset purchased that has the potential to increase wealth or income of the purchaser.
For example, the purchase of of securities has the potential to increase the wealth of the holder.
Aakash is involved in investment
Answer:
Macy is liable. The Federal Trade Commission states that both the credit rating agency and Macy's are responsible for correcting the erroneous credit report. It is very hard to sue and win a credit rating agency because they will place the blame on the company that made the initial mistake (Macy's), but lately courts have accepted cases against the companies that cause all this mess.
Courts have lately ruled in favor people alleging that a bad credit report damaged them since a good credit rating is considered an intangible asset. The company that cause the mistakes are liable for any possible damages resulting from a poor credit rating.
