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3 years ago

Gina has decided that she wants to be an auditor. What should she do in order to best prepare herself for this position?

1 answer:

8 0

A. Obtain experience on leadership and management

Explanation: You need to be able to experience something before you can tell if your good at it

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C93, Inc. sells three products. Income statement information for the three products for the most recent year is given below: Pro

aleksandrvk [35]

Answer:

14,560 units.

Explanation:

Variable costs for Product A = $140,000 / 7,000 units

Variable costs for Product A = $20

Avoidable costs for Product A:

Advertising $23,800

Rent $17,300

Supervisor's salary $31,700

Avoidable costs for Product A $72,800

Contribution margin per unit = $25 - $20 = $5

Economically indifferent units = Avoidable costs for Product A/Contribution margin per unit

Economically indifferent units = $72,800 / $5

Economically indifferent units = 14,560 units

So therefore, the number of units of Product A that would need to be sold next year is 14,560 units.

5 0

3 years ago

Noah's family has been out of control with their spending lately. They have decided to come up with a spending plan to help them

alukav5142 [94]

Answer:

its either 'a net worth statement' or 'a budget'

Explanation:

8 0

3 years ago

Read 2 more answers

Last year Jain Technologies had $250 million of sales and $100 million of fixed assets, so its Fixed Assets/Sales ratio was 40%.

stepan [7]

Answer:

16%

Explanation:

The computation of the target fixed assets sales ratio is shown below:

As we know that

Target Fixed asset - Sales ratio is

= Fixed Assets ÷ Full Capacity Sales

where,

Fixed assets is $100 million

And the full capacity sales is

= $250 million × 40%

Now putting these values to the above formula

So, the target fixed asset sales ratio is

= $100 million ÷ $250 million × 40%

= 16%

3 0

4 years ago

Exercise 4-7 (Algo) Income statement presentation; discontinued operations; restructuring costs [LO4-1, 4-3, 4-4] Esquire Comic

andrew11 [14]

Answer:

Net income = $1,353,750

Note: See the income statement below.

Explanation:

Before preparing the income statement, the following calculations are done first:

Income from operations of discontinued component = Income before-tax generated by the division - Before-tax loss on disposal = $630,000 - $405,000 = $225,000

Income from continuing operations = Income before tax - Restructuring costs = $1,650,000 - $70,000 = $1,580,000

The income statement can now be prepared as follows:

Esquire Comic Book Company

Partial Income Statement

For the year ended December 31, 2021

Details $

Income from continuing operations 1,580,000

Discontinued operations gain (loss):

Income from discontinued component 225,000

Total income before tax 1,805,000

Tax expenses (1,805,000.00 * 25%) (451,250)

Net income  1,353,750 

5 0

3 years ago

One year ago, you purchased 162 shares of Best Wings stock at a price of $39.44 per share. The company pays an annual dividend o

sergeinik [125]

Answer:

the total percentage return on this investment is -1.57%

Explanation:

The computation of the total percentage return on this investment is shown below:

The total return Per Share is

= [(Price at End - Price at Beginning) + Dividend ]

= [($38.03 - $39.44) + $0.79]

= -0.62

Now the total percentage return on this investment is

= Total return per share ÷ initial investment × 100

= -$0.62 / $39.44 × 100

=-1.57%

Hence, the total percentage return on this investment is -1.57%

8 0

3 years ago