Answer:
Percentage change in sales = [(Ending value - Beginning value) / Beginning value] * 100
Percentage change in sales = [($67,000 - $62,000) / $62,000] * 100
Percentage change in sales = 0.080645
Percentage change in sales = 8.0645%
Percentage change in OCF = Percentage change in sales * Degree of operating leverage
Percentage change in OCF = 8.0645% * 3.7
Percentage change in OCF = 29.84%
Will the new level of operating leverage be higher or lower?
As the sales increase, contribution margin will remain constant but operating margin percentage will rise. Therefore, this leads to fall in operating leverage.
Answer:
A safety protection clause in a listing agreement entitles the real estate broker or agent to a commission after the listing expires or is canceled. This applies when the final buyer was brought to the deal by the broker.
The answer to this question is a part of Employee onboarding
and orientation. An Employee onboarding is the process where a new employee
will be welcomed in the company and will inform the new employee of the culture
of the company, rules and regulations, and the new hired employee will also
receives his or her identification cards, and other related paper works with
regards the persons tasks. Also in the employee onboarding, the benefits of the
employee are also being discussed to ensure that the new hired employee will
know what are his benefits and perks. Employee
Onboarding may take at least 3 days depending on the program schedule that the
human resource officer had made.
Answer:
Dr Salaries expense $7,552
Cr Accrued salaries $7,552
Being entries to record salaries payable as at year end
Explanation:
When an expense is incurred but yet to be paid by an organization, the entries required are
Dr Expense (p/l)
Cr Accrued expense (B/s)
when payment is made
Dr Accrued expense (B/s)
Cr Cash account
Given that Zoey Bella Company has a payroll of $9,440 for a five-day workweek and the year ends on a Thursday. As such, the company as at 31 December has incurred salaries for 4 days. This has to be accrued for but first to calculate the amount
= 4/5 * $9,440
= $7,552
Hence adjusting entry required on December 31, assuming the year ends on a Thursday
Dr Salaries expense $7,552
Cr Accrued salaries $7,552
Being entries to record salaries payable as at year end
When paraphrasing, you must summarize the info without losing any of the key points.
You could say "Please submit your <u>budget requirements</u> for <u>major purchases </u>in order of highest <u>priority </u>to lowest priority to assist in <u>annual planning</u>."
This sentence hits all of the key elements more succinctly.
