Answer:
$18,000
Explanation:
Given data for Taylor Company;
Salaries payable at the beginning of 2015 (end of 2014) = $18,000
Salary expense during the year (2015) = $50,000
Salaries paid during the year = $50,000
Salary payable at end of year (2015) = ?
Let the salary payable at end of year= S
Using the formula
Salaries payable at the beginning of the year + Salary expense during the year - Salaries paid = Salary payable at end of year
$18,000 + $50,000 - $50,000 =S
S = $18,000
Salaries payable as at December 31, 2015 is $18,000.
Trade will benefit countries when it generates gold and silver for the national treasury.
Answer:
$320,000
Explanation:
Given that,
Planning to sell hammers = 200,000
Selling price per unit = $8
contribution margin ratio = 20%
At break even, Fixed costs = Contribution margin
Therefore,
Contribution margin ratio:
= (Planning to sell hammers × Selling price per unit) × contribution margin ratio
= (200,000 × $8) × 20%
= $320,000
Thus,
Fixed costs = $320,000
Answer:
4 P's are place, price, product, and promotion
Explanation:
The four P's of marketing are the key factors that are involved in the marketing of a good or service. They are the product, price, place, and promotion of a good or service.
Yes i do
step by step explanation: