Answer:
It is more profitable to raise the selling price by $2.
Explanation:
To determine whether the company should raise the selling price, we need to determine the effect on income. <u>The best option is the one with the higher sales revenue.</u>
Sales revenue= selling price * number of units
<u>Current:</u>
Sales revenue= 5.5*2,200= $12,100
<u>Proposal:</u>
Sales revenue= 7.5*1,800= $13,500
It is more profitable to raise the selling price by $2.
From what I understand here, it is the company that will be creating the 5000 monthly income. This is an example of a specific measurable goal since the goal of Robert is to make sure that the monthly net income of his company would reach at least 5000. Since he is the boss of his company, this is also probably his personal mission for his company so that he will be motivated to keep on bringing his company to better heights. This will also probably motivate his employees to work harder as well.
Answer:- Spatial order
Explanation: Spatial order involves the method of writing in which ideas are arranged in the order of their physical location.Furthermore, while writing, a writer focuses on the story content, grammar, choice of words, and so on. However, in spatial order, arranging the content in a logical order is as important as using the right words.
For example, Keisha is giving a speech on the planets in the solar system, starting with the planet closest to the sun and ending with the farthest. keisha is using spatial order organizational pattern
Answer:
10.71%
Explanation:
Calculation for annual rate of return that Holt expect on his investment
Using this formula
Annual rate of return=(D1/Current price)+Growth rate
Annual rate of return=(2*1.06/45)+(0.06)
Annual rate of return=2.12/45+(0.06)
Annual rate of return=0.0471+0.06
Annual rate of return=0.1071*100
Annual rate of return=10.71%
Therefore the annual rate of return that Holt expect on his investment will be 10.71%
Answer:
For May 1st <u>none </u>entry will be required.
Explanation:
For May 1st none entry will be required. The revenue should use conservatism. Tamarisk should wait until the cash proceeds or the delivery of the mowers.
<u>For May 15th it will do:</u>
cash 930
unearned revenue 930
because it receive the cash, but the merchandise is not deliver yet, so it will have the obligation to do so.
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<u>For may 31th</u>
unearned revenue 930
sales revenue 930
COGS 632
inventory 632
to recognize the earned revenue from the mowers
and the COGS