Answer:
Explanation:
income statement for Khaling for last year.
Sales of 19,000 units last year at $18.00 each. = 19,000 * $18 = $342,000
Variable cost was $14.60 per unit = 19,000 x $14.60 = $277,400
Total fixed cost was $68,000
Income Statement
Sales. $342,000
Less:
Variable cost $277,400
Fixed cost. $68,000
Loss. ($3,400)
2. Calculate the break-even point in units.
BEP = fixed cost / (selling price - variable cost)
BEP = 68,000/(18-14.60)
BEP = 68,000/3.4
BEP = 20,000 units
3. Calculate the units that Khaling must sell to earn operating income of $20,400 this year.
The total units to be sold is 26,000 units to earn a profit of $20,400
Sales (26,000*18). $468,000
Less
Variable (26,000*14.60) $379,600
Fixed cost. $68,000
Income. $20,400
Answer:
The answer is (A) knowledge management system.
Explanation:
A knowledge management system is a type of system used to create, share, use, and manage the knowledge and information of an organization. It is used to manage documentation of information in a company, which can include information about products they manufacture, how to execute services that the company provides, how the company operates, and so on.
Answer:
the correct answer is easy
Explanation:
During periods of recession a(n)easy money policy is appropriate to encourage business expansion with low interest rate..
Answer & Explanation:
Most balance sheets are arranged according to this equation:
Assets = Liabilities + Shareholders’ Equity
The equation above includes three broad buckets, or categories, of value which must be accounted for:
1. Assets
An asset is anything a company owns which holds some amount of quantifiable value, meaning that it could be liquidated and turned to cash. They are the goods and resources owned by the company.
Assets can be further broken down into current assets and noncurrent assets.
- Current assets are typically what a company expects to convert into cash within a year’s time, such as cash and cash equivalents, prepaid expenses, inventory, marketable securities, and accounts receivable.
- Noncurrent assets are long-term investments that a company does not expect to convert into cash in the short term, such as land, equipment, patents, trademarks, and intellectual property.
2. Liabilities
A liability is anything a company or organization owes to a debtor. This may refer to payroll expenses, rent and utility payments, debt payments, money owed to suppliers, taxes, or bonds payable.
As with assets, liabilities can be classified as either current liabilities or noncurrent liabilities.
- Current liabilities are typically those due within one year, which may include accounts payable and other accrued expenses.
- Noncurrent liabilities are typically those that a company doesn’t expect to repay within one year. They are usually long-term obligations, such as leases, bonds payable, or loans.
3. Shareholders’ Equity
Shareholders’ equity refers generally to the net worth of a company, and reflects the amount of money that would be left over if all assets were sold and liabilities paid. Shareholders’ equity belongs to the shareholders, whether they be private or public owners.
Just as assets must equal liabilities plus shareholders’ equity, shareholders’ equity can be depicted by this equation:
Shareholders’ Equity = Assets - Liabilities
— Courtesy of Harvard Business School
I hope this helped! :)
