Answer:
All of the options.
Explanation:
Professor Robert Baron Triffin was born on the 5th of October, 1911 in Flobecq, Belgium. He was a Belgian-American economist who became famous for his criticism of the Bretton Woods system of fixed currency exchange rates when he appeared and testified before the US Congress in 1959.
The Triffin paradox:
1. Warned that the gold-exchange system of the Bretton Woods agreement was programmed to collapse in the long run.
2. Was indeed responsible for the eventual collapse of the dollar-based gold-exchange system in the early 1970s.
3. Was first proposed by Professor Robert Triffin.
Answer:
A. uses a percentage of sales method to estimate uncollectible accounts
Explanation:
Difference between the direct write-off and the allowance method for accounting for bad debts are the timing of when bad debts are reported on the books and their ultimate impact on the income statement and balance sheet
The best answer for this question would be A. :)
Answer:
1. Market share variance= $65,903(Unfavorable)
2. Market size variance= $36,613(favourable)
Check attachment for the table
Answer:
A) Lily, must sell a total of 800 plants to break even.
B) If Lily sells 480 units of both A and B she will have a net profit.
D) If Lily’s sales mix changes, her break-even point will stay the same.
Explanation:
break even point = total fixed costs / contribution margin
- total fixed costs = $24,000
- average contribution margin = $30 (same for both plants)
break even point in units = $24,000 / $30 = 800 units
current sales mix:
plants A = 800 units x 60% = 480 units
plants B = 800 units x 40% = 320 units