To increase the usage of the road the community should stop collecting toll payment, that is, they should set the toll equal to zero.
Answer:
B. Evenly over the membership year
Explanation:
Answer:
The journal entry is as follows:
Cash A/c Dr. $1,176
Sales returns and allowances A/c Dr. $600
Sales discounts A/c Dr. $24
To accounts receivable $1,800
(To record the receipt of the check)
Workings:
Sales discount = 2% of ($1,800 - $600)
= 0.02 × $1,200
= $24
Answer:
The operating income would increase by $2.54 for each unit sold
Explanation:
If the blackberry syrup is further processed into the specialty blackberry juice, an extra income of $2.54 ($5.40 - $2.90 = $2.54) would be made on each unit sold
Answer: 3.70
Explanation: Stock turnover can be calculated using following formula :-
where,
cost of goods sold =598,600
average stock = 162,000
now, putting the values into equation above, we get :-
= 3.70
