Answer: Mutual agreement to terminate the listing
Explanation: Analysing both conditions, The fact that Market is slow coupled with the defective condition of Mary's property may both culminate in Jennings finding a suitable buyer for the property. To fix this, Jennings proposed that Marcy being the owner should fix the property so as to increase sales probability, which Marcy declined as she was sure the location of the property was good enough to attract buyers. Here, both have different notions and cannot seem to Rea hba compromise in other to aid the sale of the property, the best option is for both Marcy and Jennings Homes to reach a mutual consent and terminate the listing contract.
Most formula products for infants contain lactose, heat-treated cows' milk protein, and vegetable oils.
Option A
<u>Explanation:
</u>
Pure cow's milk, casein as well as other additives depending on the manufacturer is the most widely used baby food formula, as a source of protein, a combination of vegetable oils, a starch supply lactose, a vitamin-mineral mixture and others.
Additionally, in the Americas and in Britain, infant formulations use soybeans as a protein source (mainly) and protein hydrolyzes in its amino acid portion for infants sensitive to many other proteins are available.
In many countries, breasts have risen and, in the average life expectancy of adoption of baby foods (such as cow's milk), infant formulas have been delayed, due to both an increased breasts and decreased use of the formula around 3 and 12 months of age.
The company should improve their distribution management.
<u>Explanation:
</u>
Distribution management describes the process of managing the transport of goods from the supplier or retailer to the point of purchase.
It is an overriding term that applies to a number of activities and methods, such as packaging, stock, warehousing, supply chain, and transportation.
For the business ' financial success and corporate success, the adoption of a distribution management strategy is crucial.
Distribution management helps to maintain organization and satisfies customers.
The basic idea of distribution management as a marketing tool is that distribution management takes place in an environment that also includes the following aspects:
Product, Price, Promotion and placement (4 P’s)
Answer:
Current liabilities:
Notes payable $8,000
Non-current/long-term liabilities:
Notes payable $1,224,000
Explanation:
The actual amount of notes payable at 31st December is the difference between the short-term debt and the amount of cash realized from the issue of common stock whose proceeds are meant to be used in liquidating the short-term debt.
The actual amount of notes payable=$1,232,000-$1,224,000=$8,000
By issuing common stock of $1,224,000 to repay the short-term debt,the $1,224,000 is effectively converted to funding of long-term nature,hence classified as long-term liabilities
Answer: a. 1.42
b) 2.74
c) 3.89
Explanation:
a) The Degree of Operating Leverage measures how much operating Income will change by if Sales change.
It is calculated with the formula,
= (Sales - Variable Costs) / (Sales - Variable Costs - fixed costs)
= (960,000 - 532,000) / (960,000 - 532,000 - 127,000)
= 1.42
b) The Degree of financial leverage measures how much Income will change due to a change in operating Income.
The formula is,
=Earnings before Interest and tax / Earnings before Interest and tax - Interest or just Earning before tax
= 301,000/110,000
= 2.74
c. Degree of Total Leverage is a measure of how sensitive the net income of a company is to a change in goods produced and/or sold.
It is calculated by multiplying DOL and DFL.
= 1.42 * 2.74
= 3.89
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