Accounting cycle has various steps to discuss, which are listed below,
Explanation:
- The first step in accounting cycle is to analyze and have a record of transactions.
- Post closing trial balance is an optional step in the accounting cycle.
- Journalizing and posting the closing entries are the steps required to complete throughout the accounting period.
- Adjustments of accounts, preparing the financial statements and closing accounts are completed at the end of accounting cycle period.
- The last step in the accounting cycle is to post closing trial balance.
Answer: "marketing strategy" .
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Answer:
D) $320,000
Explanation:
We are given the following information:
- unit price = $25 per frame
- variable costs = $12 per frame
- fixed costs = $50,000 for 25,000 frames or $2 per frame
If Frames is able to sell 30,000 frames in one month, their operating income should be:
Total sales revenue $750,000 (= $25 per frame x 30,000 frames)
<u>COGS -$430,000 [= (30,000 x $12) + $70,000] </u>
Gross operating profit $320,000
Answer:
All of them.
Explanation:
For considering the annuity formula we can determinate all the proposed factor:
C represent II the amount of each cash flow
r = represent the discopunt rate
while time or "n" represent the numebr of cashflow we have to calcualte the present value.
The timing refer wether the payment are made at the beginning or end of the period.
When made at the beginning it is an annuity-due
and the (1+r) factor multiplies the previous formula to represent the addtional period of capitalization each cashflow has or the one period less to discount for each cashflwo in cases of prresent value.
