Answer:
I think ,it`s D.
Explanation:
Everyone has his own view on something ,in particular business .Why should you change your idea ? Who knows maybe you are the next Einstein who can find a diamond in a desert ?
Answer:
December 31, Year 1 DR. Cr.
Accrued Interest Expense $7,500
Interest Payable $7,500
Explanation:
On December 31 Year 1 Interest was accrued and It was recorded by the Lighting Fixtures Inc. (LFI) but its outstanding now. Lighting Fixtures Inc. (LFI) paid the interest on January 15, at this time a payment entry of a payable interest was be made. Expense was charged on December 31 of year 1.
Answer:
14,000 units
Explanation:
By the use of the cost volume analysis concept, the break-even point is obtained by dividing fixed costs by contribution margin per unit.
in this case,
fixed costs are $98,000
contribution margin per unit??
CM per unit = selling cost per unit - variable cost per unit
=$12- $5
contribution margin = $7 per unit
break-even point= $98,000/ $7
break -even = 14,000 units
Answer:
They are a more reliable means of help in anything.
