Answer:
4%
Explanation:
For Builtrite, we can find the probability of cash flows by using the following formula:
Z = (X - C) / S
Average Cash Flow is $16000 which denoted by "C"
Standard Deviation is $4000 and is denoted by "S"
And
For cash flows that are less than $9000 which is denoted by X in the equation, "Z" can be calculated as under:
Z = (X - C) / S = ($9,000 - $16,000) / $4,000 = -1.75
As Z is less than -1.75, now we can see that the probability from the Z-table is 4% for -1.75.
Hence the probability of cash flow below $9,000 is 4%.
Financially can't afford a leangthy court case
The correct answer is product development growth strategy. A
product development growth strategy focuses or making a new product in which it
takes the existing business out of its environment in order for a new product
built is developed for its benefit.
Answer:
Gross profit = $ 840.
Explanation:
Charlet cost of purchasing = $120 per chair * total chairs purchased from suppliers
= $120 * 40 = $4800.
Rutherford:
Cost of purchasing = cost per price * chairs purchased
= $200 * 18 = $3600.
less: purchase return ( 3* 200) = (<u>$600)</u>
Net Purchases $3000.
Charlet Company
Gross profit =?
As we know that sales - cost = Gross profit. $
Charlet sales ( $200 each * 18 chairs) = 3600
less: Sales return ( 3*200) (<u>600)</u>
Net sales 3000
less : Cost of goods sold
(120 * 18) <u> (2160)</u>
Gross profit 840.
Answer:
a) It will accrue revenue through time. As in November 6th it has the obligation to keep the downhill ski open or return the cash
cash 405 debit
unearned reveue 405 credit
--to record sales of season pass--
unearned revenue 81 debit
service revenue 81 credit
--year-end adjustment for accrued revenue--
Income statetent
service revenue 81
Balance sheet
Liaiblities
unearned revneue 324
Explanation:
We must recognize revneue following the acounting pricniples of conservatisim and matching when the time at they occur.
405 is the cost for 5 months (Dec 1st to April 30th)
so 405 / 5 = 81 cost per month
At decmeber 31th we recognize 1 month
ANd this will be the value included in the income statement