Under the fair-value method of recording stock options, companies will report

Jamesway Corporation has two separate divisions that operate as profit centers. The following information is available for the m

Nookie1986 [14]

Answer:

White Division Gross Profit = $72,200

Grey Division Gross Profit = $247,700

Explanation:

White Division Grey division

Sales (net) $270,000 $540,000

Less: Cost of goods sold $135,000 $202,500

Gross Margin $135,000 $337,500

Less: Salary Expenses $37,800 $64,800

Rent $25,000 $25,000

Gross Profit $72,200 $247,700

The White Division occupies 25,000 square feet in the plant. The Grey Division occupies 25,000 square feet. Hence, the rent expenses will be shared equally. Rent = $50,000 hence, both division will pay $25,000 each for rent

7 0

2 years ago

A market is in long-run equilibrium and firms in this market have identical cost structures. Suppose demand in this market decre

garri49 [273]

Answer:

It will cause Market price to decrease in the short-run.
There will be short-run decrease on Individual firms' profit-maximizing output .

A good number of Firms will exit the market in the long run.
Finally, market quantity will decrease in the long-run.

5 0

3 years ago

Flo Choi owns a small business and manages its accounting. Her company just finished a year in which a large amount of borrowed

prohojiy [21]

Answer:

See the answers below

Explanation:

Depreciation: when a valuable assets loses value over time

the decision she took was to reduce salvage value, increase depreciation expenses and decrease profit tax

. Is Choi’s rule an ethical violation, or is it a legitimate decision in computing depreciation?

Choi's choice of rule is unethical but there are companies in recent tines who employ the same method. It is not keeping with best practices. However, she can employ the recent accounting methods. disclosed if there are changes made.

3. How will Choi’s depreciation rule affect the profit margin of her business?

Her profit margin will increase almost by double

6 0

3 years ago

Calculate revenue. Revenue is the quantity sold times the price for the product. The quantity sold will be the smaller of the qu

ira [324]

Answer:

Revenue for Smart Suiting is $521,306.

Explanation:

Revenue is the business operational source of finance. IFRS has made standards for revenue recognition which need to be followed by all organizations. The revenue should be calculated after deducting trade and cash discounts. If there is any sales return it should be deducted from the gross revenue figure. Net revenue should be reported in the Income Statement.

3 0

3 years ago

JUVE

s344n2d4d5 [400]

Answer:

Travel and tourism are vital in sports and entertainment because many people travel to attend or participate in sport events. Multigenerationalism is a factor that business look after as they must satisfy the demands of various generations within a family.

6 0

3 years ago