Answer:
time take = 13 months
so correct option is C.)13
Explanation:
given data
closing costs = $1,400
monthly payment reduce = $980 to $870
to find out
Time to cover cost
solution
we know here monthly payments after reduction will be
monthly payments = $980 - $870
monthly payments = $110
so
time taken is = 
.........1
time taken is = 
time take is = 12.727273
time take = 13 months
so correct option is C.)13
That is intiative, its basically commiting yourself to doing something and putting everything else behind you
Answer:
Value added
Explanation:
Value-added - it is the total difference that comes out between the product value in the market and the cost of producing that product. cost of a product is based on the survey which gives the idea that how much cost may be assigned to the product.
The value of this difference help to determine the profit on products.
Higher the value of add, higher will be the charges of product and higher will be the revenue collected.
Answer:
B) the sale of goods to a customer.
Explanation:
When goods are sold to a customer, the cost of goods sold account is debited by the same value that the finished goods inventory is credited.
For example, suppose a company sells $1,000 worth of goods to a customer, and the sales price is $1,200. The customer pays by cash the full value of the goods. The journal entry would be:
Account Debit Credit
Cash $1,200
Sales Revenue $1,200
Cost of Goods Sold $1,000
Finished Goods Inventory $1,000
Answer:
23%
Explanation:
The computation of the contribution margin ratio is shown below:-
Selling price per unit = $4,900,000 ÷ 4,025 units
= 1217.39
Contribution margin ratio = Contribution margin ÷ Selling price
= $280 ÷ 1217.39
= 23%
Therefore for computing the contribution margin ratio we simply divide selling price by contribution margin.
