Answer: October 31
Explanation:
It is a 90 day Note so the maturity date will be:
= August 2 + the remaining 29 days in August + 30 days in September + 31 days in October
= October 31
The expiry date will be October 31 as this would be 90 days from August 2, when the note was received.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Variable cost= $1,920,000
Explanation:
Giving the following information:
Sales= $3,000,000
Contribution margin ratio= 0.36
<u>The contribution margin ratio is the dollar remaining after deducting from sales of the variable component.</u> In 1 dollar, the contribution margin is $0.36.
<u>In this case:</u>
Variable cost= sales*(1-Contribution margin ratio)
Variable cost= 3,000,000*0.64
Variable cost= $1,920,000
Answer:
outsourcing
Explanation:
Outsourcing is the process where the company wants to hire someone for the completion of the organization work in order to save the cost of the company
here is the given situation, is hiring a permanent receptionist, it is better to contact someone for work in some selected days during each week so that the work of the company could not be stopped also the firm can save the cost
Hence, the third option is correct
