Answer:
1. Set up a commitment organize salary explanation for the organization in general. Convey calculations to one decimal place.
2. Figure the make back the initial investment point for the organization in light of the present deals blend.
Explanation:
Dissimilar to the monetary record, the wage explanation figures net salary or misfortune over a scope of time. For instance, yearly explanations utilize incomes and costs over a year time frame, while quarterly articulations center around incomes and costs acquired amid a 3-month term. The pay explanation comprises of incomes and costs alongside the subsequent net pay or misfortune over some undefined time frame because of acquiring exercises. The working area of a wage explanation incorporates income and costs.
They are in Installment Sales Contract.
<h3>
What is an Installment Sales contract?</h3>
Any contract or agreement, including a contract for deed, bond for deed, or any other sale or legal device whereby a seller agrees to sell and the buyer agrees to buy residential real estate, in which the consideration for the sale is payable in installments for a period of at least one year after the date of sale, and the seller retains an interest or security for the purchase price or otherwise in the property, is referred to as an "installment sales contract" or simply as "contract."
Revenue recognition using the installment sales technique is postponed until the sale's cash is received. Because revenue is not immediately recognized at the moment of sale, the installment sales method is a conservative way to recognize revenue.
Only when partial ownership is transferred at the time of sale is the installment sales technique used. The technique is also applied when there is some doubt regarding the amount that will be collected (therefore, it would be inappropriate to recognize all revenue at the time of sale).
Therefore, Carol and Leslie are in Installment Sales Contract.
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Answer:
Gross profit= $7,585
Explanation:
Giving the following information:
Units produced= 4,500 units
Units sold= 2,050 units.
Unitary variable cost= $3.5 per unit
Fixed manufacturing overhead= $5,850
The sales price of the products was $8.5 per unit.
Under the absorption costing method, the fixed manufacturing overhead is part of the product cost. Therefore, the units remaining in inventory have fixed costs incorporated.
Unitary cost= 3.5 + 5,850/4,500= $4.8
Sales= 2,050*8.5= 17,425
Cost of goods sold= 2,050*4.8= (9,840)
Gross profit= $7,585
Answer:
The answer is =16.7%
Explanation:
Earnings before interest and taxes(EBIT) = $145,000
Tax rate is 25%
Therefore, the applicable tax rate on the earnings is 100% - 25% = 75%
So the Net income is 0.75 x $145,000
Net income = $108,750
The project is financed by 100percent equity and the cost is $650,000.
ROE(Return on Equity) = net income/equity
$108,750/$650,000
=16.7%
