The increase in sales of a company can be attributed to the sales promotion activities in way that the better they are at promoting their products, the better is their chances of actually selling them. They can do "best employer of the month" to relate the personal selling effort by an employee in relation to the sales of the company.
Answer: credit to Common Stock Dividends Distributable for $43500
Explanation:
Based on the information given in the question, the entry to record the transaction of May 24 goes thus:
Debit Stock Dividend = 87000 × 5% × $16 = $69600
Credit To Common Stock Dividend Distributable = 87000 × 5% × $10 = $43500
Credit To Paid in capital in excess of Par - Common Stock = $69600 - $43500 = $26100
Itxotxtxot ot ot ot the ot y y oy ot too y ot oy ot ot ot ot ot ot too to to the ot original to to to I think the ot ot ot or r or the ot it to orgasim
Answer:
The answer is "36.197%".
Explanation:
Formula for EMI
![\to p \times \frac{r}{n} \times [\frac{(1+\frac{r}{n})^{nt}}{(1+\frac{r}{n})^{nt} -1}]](https://tex.z-dn.net/?f=%5Cto%20p%20%5Ctimes%20%5Cfrac%7Br%7D%7Bn%7D%20%5Ctimes%20%5B%5Cfrac%7B%281%2B%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bnt%7D%7D%7B%281%2B%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bnt%7D%20-1%7D%5D)
![= 245,000 \times \frac{0.03125}{12} \times [\frac{(1+\frac{0.03125}{12})^{12 \times 25}}{(1+\frac{0.03125}{12})^{12 \times 25} -1}]\\\\= \$ 1177.81\\\\](https://tex.z-dn.net/?f=%3D%20245%2C000%20%5Ctimes%20%5Cfrac%7B0.03125%7D%7B12%7D%20%5Ctimes%20%5B%5Cfrac%7B%281%2B%5Cfrac%7B0.03125%7D%7B12%7D%29%5E%7B12%20%5Ctimes%2025%7D%7D%7B%281%2B%5Cfrac%7B0.03125%7D%7B12%7D%29%5E%7B12%20%5Ctimes%2025%7D%20-1%7D%5D%5C%5C%5C%5C%3D%20%5C%24%201177.81%5C%5C%5C%5C)
Formula for calculate balance after 10 years:
![\to 245,000 \times (1+ \frac{0.03125}{12})^{10\times 12} - 1177.81 [\frac{(1+\frac{0.03125}{12})^{10\times 12} - 1}{ \frac{0.03125}{12}}]\\\\\to \$ 334739.43 - \$ 165,662.30\\\\\to \$ 169077.13](https://tex.z-dn.net/?f=%5Cto%20245%2C000%20%5Ctimes%20%281%2B%20%5Cfrac%7B0.03125%7D%7B12%7D%29%5E%7B10%5Ctimes%2012%7D%20-%201177.81%20%5B%5Cfrac%7B%281%2B%5Cfrac%7B0.03125%7D%7B12%7D%29%5E%7B10%5Ctimes%2012%7D%20-%201%7D%7B%20%5Cfrac%7B0.03125%7D%7B12%7D%7D%5D%5C%5C%5C%5C%5Cto%20%5C%24%20334739.43%20-%20%5C%24%20165%2C662.30%5C%5C%5C%5C%5Cto%20%5C%24%20169077.13)
Total amount after 10 years:
calculate rate:
Answer:
$12,100
Explanation:
The contribution margin of a product may be defined as the price of the product minus the associated variable cost which results in the incremental profit that is earned when one unit of the product is sold. It is obtained by subtracting the total variable cost from the total sales of the product.
In the context, the total contribution margin of a product for the month under the variable costing would be $12,100 for the manufacturing company.
