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qaws [65]
3 years ago
14

A vacant lot acquired for $115,000 is sold for $298,000 in cash. What is the effect of the sale on the total amount of the

Business
1 answer:
Artemon [7]3 years ago
4 0

Answer:

+$183,000

$0

+$183,000

Explanation:

Total assets increased by ($298,000 - $115,000) $183,000.

Total liabilities has no change

Total shareholder equity increased by ($298,000 - $115,000) $183,000.

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Use the contribution margin ratio to project operating income​ (or loss) if revenues are $ 520.000 and if they are $ 1.040.000.
Kay [80]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Use the contribution margin ratio to project operating income​ (or loss) if revenues are $ 520.000 and if they are $ 1.040.000. ​

<u>We weren't provided with the contribution margin ratio. But, I will give the contribution margin formula and an example to guide an answer.</u>

<u />

Contribution margin ratio= (selling price - unitary varaible cost)/ selling price

<u>For example:</u>

Contribution margin ratio= 0.35

Operating income= sales*contribution margin ratio

Operating income= 520,000*0.35= $182,000

Operating income= 1,040,000*0.35= $364,000

5 0
3 years ago
At Lumina Corporation, benefits for employees include employer-sponsored insurance coverage. The medical expenses of employees a
LiRa [457]

Answer:

A. Safety and Security needs.

Explanation:

By providing coverage in insurance and in medical expenses in case of any accident, Lumina is fulfilling the Safety needs of employees in their company. They are providing safety in health and financial status. According to Maslow's, safety needs refers to an individual need for security and protection. The security referred to include those of the body, resources, employment and so on.

4 0
3 years ago
Read 2 more answers
Sultan Company uses an activity-based costing system. At the beginning of the year, the company made the following estimates of
OLEGan [10]

Answer:

Answer for the question.

Sultan Company uses an activity-based costing system. At the beginning of the year, the company made the following estimates of cost and activity for its five activity cost pools:Activity Cost Pool Activity Measure Expected Overhead Cost Expected ActivityLabor-related Direct labor-hours $254,800 36,400 DLHsPurchase orders Number of orders $8,785 251 ordersParts management Number of part types $72,680 92 part typesBoard etching Number of boards $54,900 1,830 boardsGeneral factory Machine-hours $170,000 17,000 MHsRequired:Compute the activity rate for each of the activity cost pools.

is given in the attachment.

Explanation:

3 0
4 years ago
Tugas pengurus projek ​
Gelneren [198K]

Answer:

tak faham bagi la soalan penuh

5 0
3 years ago
______________, a vast network of linked computers, had its origins in the late 1960s, when scientists at the United States Depa
ivann1987 [24]

Answer:

The internet.

Explanation:

The internet refers to a vast, global system of interconnected computer networks.

There's a standard framework for the transmission of informations on the internet, it is known as the internet protocol suite or Transmission Control Protocol and Internet Protocol (TCP/IP) model. One of the very basic rule of the TCP/IP protocol for the transmission of information is that, informations are subdivided or broken down at the transport layer, into small chunks called packets rather than as a whole.

Hence, the standard Internet communications protocols which allow digital computers to transfer (prepare and forward) data over long distances is the TCP/IP suite.

Additionally, WWW simply means World Wide Web. The World Wide Web was invented by Sir Tim Berners-Lee in 1990 while working with the European Council for Nuclear Research (CERN); Web 2.0 evolved in 1999. Basically, WWW refers to a collection of web pages that are located on a huge network of interconnected computers (the Internet). Also, users from all over the world can access the world wide web by using an internet connection and a web browser such as Chrome, Firefox, Safari, Opera, etc.

5 0
3 years ago
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