The answer to this question is: <span>Upper classes in power are likely to become richer at the expense of others
In Oligarchy, the government will be fully centralized and totally controlled by the upper class of the society. This means that all legislation that made by the government will be very likely to bring benefit for themselves first rather than paying attention to the things that the majority of citizens need the msot.</span>
Answer:
$81 approx
Explanation:
Contribution margin refers to sales receipts in excess of variable costs incurred. This represents contribution from a product earned which is after variable costs have been incurred.
<u>Product A</u>
Selling price per unit = $88
Variable cost per unit = $38
Contribution per unit = Selling price per unit - Variable cost per unit
Contribution margin per unit = $88 - $38 = $50
Similarly, for <u>product B</u>,
Contribution margin per unit = $143 - $47= $96
<u>Products Weights Contribution Weighted contribution</u>
A 0.32 50 16
B <u>0.68</u> 96 <u>65.28</u>
1.00 81.28
Hence, weighted average contribution margin is $81.28 or $81 approx
Answer:
Net Increase in cash = $124,200
Explanation:
Note: The correct value for Year 2021 inventory is $510,300 not $10,300.
Also note: See the attached excel file for the statement of cash flows for 2022.
In the attached excel file, the following workings are used:
Workings:
w.1: Increase in accounts receivable = Account receivable in 2022 - Account receivable in 2021 = $237,600 - $205,200 = $32,400
w.2: Decrease in inventory = Inventory in 2022 - Inventory in 2021 = $450,900 - $510,300 = -$59,400
w.3: Decrease in accounts payable = Accounts receivable 2022 - Accounts receivable 2021 = $105,300 - $116,100 = -$10,800
w.4: Disposal of land = Land in 2021 - Land in 2022 = $270,000 - $216,000 = $54,000
w.5: Purchase of equipment = Equipment in 2022 - Equipment in 2021 = $702,000 - $540,000 = $162,000
