3 years ago

Which of the following is widely accepted as a method of payment?

Business

2 answers:

Alenkasestr [34]3 years ago

7 0

Answer:

Explanation:

which is a legal tender and it's generally acceptable

Nutka1998 [239]3 years ago

4 0

I vote is on c

Because I said so

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Question 1 of 10

photoshop1234 [79]

B. Products featured in a producer’s ad campaign.

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2 years ago

The balance sheet of Innovative Products reports total assets of $570,000 and $770,000 at the beginning and end of the year, res

Makovka662 [10]

Answer:

$201,000

Explanation:

The computation of net cash flows from operating activities is shown below:-

Beginning Total Assets $570,000

Ending total assets $770,000

Average Total Assets in use $670,000

($570,000 + $770,000) ÷ 2

Cash return on Asset 30%

Cash Flow from operating activities

Average Assets × 25% $201,000

($670,000 × 25%)

Therefore the Cash Flow from operating activities is $201,000

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3 years ago

The rule that requires financial statements to reflect the assumption that the business will continue operating instead of being

nordsb [41]

Answer:

Going concern assumption

Explanation:

The going concern principle is the assumption that an entity will remain in business for the foreseeable future.

This assumption holds in the absence of significant information to the contrary such as inability to meet obligations as they fall due

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3 years ago

_________ blends Japanese and American management practices into a hybrid approach which calls for long-term employment, collect

OverLord2011 [107]

Answer:

theory a

Explanation:

7 0

3 years ago

Read 2 more answers

Chilton, Inc. sold 11,900 units last year for $20 each. Variable costs per unit were $3.00 for direct materials, $2.60 for direc

kvasek [131]

Answer:

a. Total contribution margin is $140,420.00

b. Unit contribution margin is $11.80

c. Contribution margin ratio is 0.59.

Explanation:

a. What is the total contribution margin? (Round your intermediate calculations to 2 decimal places.)

Sales revenue = 11,900 × $20 = $238,000

Total variable cost = (11,900 × $3) + (11,900 × $2.6) + (11,900 × $2.6) = $97,580

Total contribution margin = $238,000 - $97,580 = $140,420.00

b. What is the unit contribution margin?

Unit contribution margin = Total contribution margin ÷ Units sold = $140,420.00 ÷ 11,900 = $11.80

c. What is the contribution margin ratio? (Round your intermediate calculations and final answer to 2 decimal places.)

Contribution margin ratio = Unit contribution margin ÷ Unit selling price = $11.80/20.00 = 0.59.

7 0

3 years ago