Below is the complete question:
CANDIDATE: Thank you for agreeing to conduct some research to assess my potential as a candidate in the upcoming election.
CONSULTANT: You're welcome. As a first step, our team analyzed the other potential primary contenders. The reality is that with such a strong field, it is going to be difficult to gain the _______ of votes necessary to avoid a runoff unless you want to go negative from the start.
Answer:
Majority
Explanation:
The reality is that with such a strong field, it is going to be difficult to gain the MAJORITY of votes necessary to avoid a runoff unless you want to go negative from the start.
Answer:
$30,000 and $360,000
Explanation:
The computation of the gain on the exchange is shown below:
= Cash received + fair value of the computer - undepreciated cost of existing computer
= $120,000 + $360,000 - $450,000
= $30,000
The amount of the computer which is recorded will equal to the fair value of the computer i.e $360,000
For computing the gain we simply added the fair value and deduct the undepreciated cost of an existing computer in the cash received amount so that the accurate amount can come.
All other information which is given is not relevant. Hence, ignored it
Answer:
<em><u>Classifying Cash Flows:</u></em>
Retirement of bonds payable ⇒ <em><u>Financing activity</u></em>
Purchase of inventory for cash ⇒ <u><em>Operating activity</em></u>
Cash sales ⇒ <u><em>Operating activity</em></u>
Repurchase of common stock ⇒ <em><u>Financing activity</u></em>
Payment of accounts payable ⇒ <u><em>Operating activity</em></u>
Disposal of equipment ⇒ <em><u>Investing activity</u></em>
Answer: I heard its the second option, I cannot verify that. But i do have the awnsers to every question for the final in Entrepreneruship, Its on quizlet labeled Entrepreneurship. 37 terms.
Explanation:
Answer:
Break even point in dollar sales = $1,050,000
Explanation:
Break Even Point in dollar sales = Fixed Cost/ Contribution margin percentage
Contribution margin percentage = (Contribution margin/ Sales) X 100
Here we have for the year 2017
Contribution margin = $194,750
Sales = $779,000
Contribution margin percentage = ($194,750/$779,000) X 100 = 25%
Break even point in dollar sales = Fixed Cost $262,500/25%
= $1,050,000
