I would say the shareholders could disapprove of the performance of their company if it was to consistently to lose money over say several quarters with no signs of improvement or no encouragement by management that this was a temporary situation,
Answer:
c. a letter that falsely claims the writer represents a foreign bank.
Explanation:
A clearing house is a financial institution that should be created for exchanging the payments, securities, or transactions related to derivates. It stands between the two clearing firms. Its motive is to decrease the member risk that failed to honor the trade settlement liabilities
So the clearing house scam includes the victim that collect the letter in which there is false claims where the writer shows the foreign bank
Yes, because obstacles are not something people choose on their own. So instead of naming people according to their disabilities, it makes more sense to say they have a disability.
Answer:
50,000 units are required to break even
Explanation:
Eclypso Company
Product X Product Y
Unit selling price $10.00 $10.00
Less
Unit variable costs:
Manufacturing $ 6.00 $ 7.00
Selling 1.00 1.00
Total variable costs $ 7.00 $ 8.00
Contribution Margin per unit 3 2
Monthly fixed costs are as follows:
Manufacturing $ 90,000
Selling and administrative 50,000
Total fixed costs $140,000
Weighted Contribution Margin per unit = ($3 * 80% + $ 2 * 20%)= 2.4+ 0.4=
$ 2.8
Combined Break Even Volume = Fixed Costs/ Weighted Contribution Margin Per unit
Combined Break Even Volume = $ 140,000/ 2.8=50,000
Answer:
December 21, 2016
DR Interest expense....................................................$10,889.33
CR Discount on notes payable.......................................................$10,889.33
Explanation:
The interest to be paid will be charged on the present value of the note in 2016.
Present value of $200,000 = 200,000 / ( 1 + 8%)^5
= 200,000/1.4693280768
= $136,116.64
Interest to be paid;
= 136,116.64 * 8%
= $10,889.33
