Answer: Ad relevance and Ad landing page experience
Explanation:
Answer:
Allied Merchandisers
Journal Entries
Date General Journal Debit Credit
03-May Merchandise Inventory $20,000
To Cash $20,000
05-May Accounts Receivable $21,000
To Sales $21,000
05-May Cost of goods sold $15,000
To Merchandise Inventory $15,000
07-May Sales Returns and allowances $1,750
To Accounts Receivable $1,750
07-May Merchandise Inventory $1,250
To Cost of goods sold $1,250
08-May Sales Returns and allowances $300
To Accounts Receivable $300
15-May Cash $18,571
Sales Discounts $379
($18950*2%)
To Accounts receivable $18,950
($21000-$1750-$300)
Answer: During the year after the acquisition, the undervalued equipment will exceed Abbott's investment revenue by $1,200.
Explanation:
Multiply the amount exceeded of its carrying value by the % shares owned by Abbott.
Then divide the result by the useful life value of Barta's equipments
= (20,000 x 30%) / 5
= $1,200
Answer:
Results are below.
Explanation:
<u>To calculate the break-even point in units, we need to use the following formula:</u>
Break-even point (units)= Total fixed costs / Weighted average contribution margin
Weighted average contribution margin= 0.2*33 + 0.5*22 + 0.3*41
Weighted average contribution margin= $29.9
Break-even point (units)= 4,544,800 / 29.9
Break-even point (units)= 152,000 units
<u>Now, for each product:</u>
<u></u>
Lawnmowers= 0.2*152,000=30,400
Weed-trimmers= 0.5*152,000= 76,000
Chainsaws= 0.3*152,000= 45,600
