Answer: $185,000
Explanation:
The 10% Return on investing in the oven is said to be the same as 4% of the increase in sales.
Return on oven = 10% * 74,000
= $7,400
$7,400 is 4% of increase in sales;
Increase in sales = 7,400/4%
= $185,000
Answer:Developing agriculture leaders
Encouraging new and younger farmers
Encouraging small farms
Explanation:
Answer:
Which of the selling and administrative expenses of the company is variable?
Answer: Sales has been decreased by 9.09% (-1,000 / 11,000 X 100) as compared to previous month. So, the expense which has been proportionally decreased is variable expense in nature.
Rent has been fixed during the months.
Sales commission has been decreased by 9.09% (-1,200 / 13,200 X 100)
Maintenance expense has been decreased by 3.7% (-500 / 13,500 X 100)
Clerical expense has been decreased by 6.25% (-1,000 / 16,000 X 100)
So, Sales commission expense is the variable expense in sales and administrative expenses.
Answer:
Explanation:
A cancelled check is a check payment for which the stated amount of cash has been removed from the payer's checking account. Once the cash draw down is completed, the bank stamps the check as cancelled. ... Paid by the drawee bank to the payee bank. Cash is paid into the payee's account by the payee bank
Answer: The answer has been provided below
Explanation:
From the information given in the question, the number of shares that are allotted as stock dividend will be:
= 44,000 × 11%
= 44,000 × 0.11
= 4840
Stock dividend:
= 4840 × $19
= $91960
The common stock dividend shared:
= 4840 × $11
= $53240
