Answer:
$559,000
Explanation:
Data provided as per the question below:-
Sales = $915,000
Variable cost of goods sold = $253,000
Fixed cost of goods sold = $103,000
The computation of gross margin is shown below:-
Gross Margin = Sales - Variable cost of goods sold - Fixed cost of goods sold
= $915,000 - $253,000 - $103,000
= $915,000 - $356,000
= $559,000
Answer:
False
Explanation:
Given that,
Market basket of goods cost in United states = $100
Market basket of goods cost in France = 70 euros
Purchasing power parity is calculated as follows:
= (Cost of basket of goods in Euros) ÷ (Cost of same basket of goods in dollars)
= 70 ÷ 100
= 0.7 euro per dollar
Therefore, the statement is false.
Explanation:
A. Since a Canadian employee can make two cars or 30 cars of wheat each year, a car's opportunity costs 15 cars of wheat. In the same way, the cost of a wheat bushel is one quarter of a vehicle. The cost of the opportunity is the mutual costs.
B. When all 10 million workers are producing two cars each, a total of 20 million cars is produced, which means that the production opportunities are intercepted vertically. For every 10 million employees produce 30 bushels of wheat each, the horizontal interception between output possibilities is a total of 300 million bushels. Although the trade is still the same between cars and wheat, development incentives are a straight line.
C. When Canada continues to import 10 million vehicles in Canada by the US, It will have to manufacture a minimum of 20 million cars. Thus Canada produces the production opportunities at the vertical dispatch. However Canada will be able to consume 200 million bushels of wheat and 10 million cars if its vehicles are 20 bushels of wheat per car. The offer should be accepted by Canada.
Answer:
1) Debit Prepaid insurance, Credit Bank
2) Debit wages, credit Bank
3) Debit Supplies Account , Credit Accounts payable
4) Debit Utility account credit Accounts payable
Explanation:
The Question requires that for each of the transaction identify account to be debited and account to be credit.
clear transactions end at the 4th transaction. After the 4th its just terms and accounts
Answer:
B
Explanation:
Both Fred and Carol (as a couple) must e-sign the return form or otherwise it may be tagged a fraudulent move, if only one person should do it, without proper consultation.