Cash sales 12,650 ,COS 10,000<br>journal entry?

Zeffer is a small but growing bottling company that competes with large soft drink heavy-hitters. To set itself apart, Zeffer ha

Zanzabum

Answer:

Hispanic

Explanation:

In the United States Hispanic population has continued to be responsible for half of the total population growth since 2010 till date.

In this time Hispanics contributed 52% to the 18.9 million population growth in the United States.

Based on this trend Zeffer has decided to develop a line of all-natural soft drinks that are believed to be healthier than typical high-calorie sodas and targeting the Hispanic market will make their product popular rapidly.

3 0

3 years ago

Economic turmoil has a plus side because it produces opportunities for entrepreneurs who are comfortable with environmental fact

Dmitrij [34]

Answer: A) True.

Explanation: An economic crisis can represent a great opportunity disguised as a disaster, as well focused efforts to overcome it, can lead in entrepreneurial minds the possibility of reinventing themselves, defining new policies of their markets and achieving unthinkable achievements, which would not even be thought of in times of bonanza.

5 0

3 years ago

Housing Starts<br> What does it mean for this indicator to be cyclical?

adelina 88 [10]

Answer:

The cyclical indicator is extensively used as a business cycle analysis tool, employs a series of variables which tend to anticipate, coincide with or lag behind the movements of economic activity to indicate the phases of the business cycle.

Explanation:

7 0

3 years ago

An asset's ______ is the ease with which it can be converted quickly into the most widely accepted and easily spent form of mone

KonstantinChe [14]

An asset's liquidity is the ease with which it can be converted quickly into the most widely accepted and easily spent form of money, cash, with little or no loss of purchasing power.

<h3>What is Asset Liquidity?</h3>

When a financial asset is bought or sold, its liquidity relates to how quickly it may be transformed into cash. The ability to move cash quickly and readily without affecting its market value makes it the asset with the highest liquidity.
An asset is considered to be liquid if it can quickly and easily be turned into cash. Cash, instruments from the money market, and marketable securities are examples of liquid assets.
Keeping track of the liquid assets that make up a component of one's net worth can be a worry for both individuals and organizations.
A company's liquid assets are recorded as current assets on its balance sheet for financial accounting reasons.

To learn more about the Asset's Liquidity refer to:

brainly.com/question/13525747

#SPJ4

5 0

2 years ago

Read 2 more answers

Rio Bus Tours has incurred the following bus maintenance costs during the recent tourist season. (The real is Brazil’s national

SVETLANKA909090 [29]

Answer:

1. Variable cost = $0.125/mile and Fixed cost = $16,225

2. x = $16,225 + $0.125 × y

3. total maintenance cost = $21,600

Explanation:

Requirement 1

We know,

Variable cost using high-low method = (Total highest cost - Total lowest cost) ÷ (Highest activity - Lowest activity)

Given,

Highest activity = 31,400 miles (March)

Lowest activity = 13,400 miles (April)

Total highest cost = $20,150 (March)

Total lowest cost = $17,900 (April)

Therefore,

Variable cost using high-low method = ($20,150 - $17,900) ÷ (31,400 - 13,400) miles

Variable cost using high-low method = $2,250 ÷ 18,000 miles

Variable cost using high-low method = $0.125 per mile

Again,

we know, Total cost = Fixed cost + Variable cost

Using highest total cost and highest activities,

$20,150 = Fixed cost + $0.125 × 31,400 miles

or, $20,150 = Fixed cost + $3,925

or, Fixed cost = $20,150 - $3,925

Fixed cost = $16,225

Requirement 2 and 3

Requirement 2

The formula to express the cost behavior exhibited by the company's maintenance cost =

Let,

Total cost = x

Traveled by Tour Buses = y

As the fixed cost is fixed, the formula to express the answer =

x = $16,225 + $0.125 × y

It means, total cost = fixed cost + variable cost per miles driven.

Requirement 3

The level of maintenance cost that would be incurred during a month when 43,000 tour miles are driven =

total cost = fixed cost + variable cost per miles driven.

or, total cost = $16,225 + $0.125 × 43,000 miles

Total cost = $16,225 + $5,375

Therefore, total maintenance cost = $21,600

8 0

3 years ago

Cash sales 12,650 ,COS 10,000journal entry?​

Cash sales 12,650 ,COS 10,000journal entry?