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3 years ago

PLEASE HELP :(

Business

1 answer:

DedPeter [7]3 years ago

3 0

Answer:

A transaction that involves the investment of cash in a business is debited because

1) For a business to invest cash for their expansion, involves the reduction of finances in the available revenue or profit for the purchase of equipment, property and software for internal use, for which money has to be drawn, which is a form of b=debit

2) For an owner investing money into his business, is taken as an increase in the amount the business owes the owner, which is equivalent to amount owed the owner which has to be recorded as a debit for financial accounting

Explanation:

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Assume the following information: Selling price per unit $200 Contribution margin ratio 50% Total fixed costs $275,000 How many

svetoff [14.1K]

Answer:

Results are below.

Explanation:

Giving the following information:

Selling price per unit $200

Contribution margin ratio 50%

Total fixed costs $275,000

Desired profit= $50,000

First, we need to calculate the sales required to obtain the desired profit:

Break-even point (dollars)= (fixed costs + desired profit) / contribution margin ratio

Break-even point (dollars)= (275,000 + 50,000) / 0.5

Break-even point (dollars)= $650,000

Now, the number of units:

Number of units= 650,000 / 200= 3,250

Or, you can use the following formula:

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (275,000 + 50,000) / (0.5*200)

Break-even point in units= 3,250

4 0

3 years ago

Who would be best suited to analyze budgets, create reports, explain information to others, and handle internal

ser-zykov [4K]

Answer:

Business Analyst

Explanation:

A business analyst is trained in finance and related disciplines. Due to their educational background and work experiences, a business analyst will be the best suited to perform the business-oriented tasks. Analyzing budgets, making reports, internal company procedures, and finances revolve around finance and commerce disciplines.

A business is trained to handle such issues. They understand the process of budgeting making, internal procedures, and the jargon used. A business analyst can inter-plate and breakdown that information so everybody can understand.

7 0

3 years ago

Read 2 more answers

Suppose a firm's tax rate is 35%.

Pie

A $10 million operating expense would be immediately expensed, increasing operating expenses by $10 million. This would lead to a reduction in taxes of $3.5 million. earnings would decline by $6.5 million. There would be no effect on next year's earnings.

8 0

3 years ago

Check your worksheet by changing the estimated total amount of the allocation base in the Data area to 50,000 machine-hours, kee

Savatey [412]

Answer:

Data

Allocation Base Machine Hours

Estimated manufacturing overhead cost $300,000

Estimated total amount of allocation base 75,000 machine hours

Actual manufacturing overhead cost $290,000

Actual total amount of the allocation base 68,000 machine hours

Computation of predetermined overhead rate

Estimated manufacturing overhead cost $300,000

Estimated total amount of allocation base 75,000 machine hours

Predetermined overhead rate $4 per machine hour

= 300,000/75,000

= $4

Computation of underapplied or overapplied manufacturing overhead

Actual manufacturing overhead cost $290,000

Manufacturing overhead cost applied to WIP during the year:

Predetermined overhead rate $4 per machine hour

Actual total amount of allocation base 68,000 machine hours

Manufacturing overhead applied $272,000

= 68,000 * 4 = $272,000

Underapplied (overapplied) manufacturing $18,000 underapplied

overhead

8 0

3 years ago

If tickets to the Rancho Cucamonga Quakes game are considered an inferior good, falling incomes of their fan base will:_______.

lara [203]

Answer:

Increase demand for tickets to the Rancho Cucamonga Quakes game

Explanation:

An inferior good is a good whose demand increases when income falls and whose demand falls as income increases.

Inferior goods are opposites of normal goods whose demand increases as income rises.

I hope my answer helps you.

8 0

3 years ago