Answer:
D. $19,610 debit
Explanation:
closing receivable =opening receivable +credit sale-amount collected
Closing receivable=12770+34200-27360
Closing recievable=19610 debit balance
Answer:
Contribution= $214,800
Explanation:
<em>Contribution margin ratio is the proportion of sales revenue that is earned as contribution. </em>
Unit sold = revenue / selling price = 880,000/55 = 16,000 units
Contribution = Sales revenue - variable cost
Variable admin = 4% × 880,000= 35200
Variable selling = 5× 16,000 = 80,000
Contribution = Sales revenue - cost of goods sold - admin - selling
= 880,000 - 550,000- 35200 - 80,000=214,800
Contribution= $214,800
E p = m · g · h
E p ( book ) = 0.35 kg · 9.8 m/s² · 2 m = 6.86 J
E p ( picture frame ) = 6.86 J
( same gravitational potential energy as the book )
6.86 = 0.5 · 9.8 · h
6.86 = 4.9 h
h = 6.86 : 4.9
h = 1.4 m
Answer: ... to a height of 1.4 m.
The main reason why a person would set up this business as a benefit corporation is to help school children.
<h3>What is a Business?</h3>
This refers to the buying and selling of goods or services with the main aim of making a profit.
Hence, we can see that based on the given scenario, there is the business of selling mittens and hats and also giving out a number for free to students, and the main reason why a person would set up this business as a benefit corporation is to help school children.
Read more about benefit corporations here:
brainly.com/question/13648699
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Answer:
$6,300
Explanation:
The computation of expenses that can be deducted is shown below:-
Expenses that can be deducted = Fee paid for club after getting contract(for 5 months) + Replacement cost + Travelling
= ($1,000 × 5) + $500 + $800
= $6,300
Therefore for computing the expenses that can be deducted we simply add Fee paid for club after getting contract, replacement cost and travelling and the rest amount is not relevant for computation.