Answer:
$3,740
Explanation:
The computation of net operating income is shown below:-
Contribution margin = Sales × CM ratio
= $318,000 × 18%
= $57,240
Net operating income = Contribution margin - fixed assets
= $57,240 - $53,300
= $3,740
So, we have applied the above formula.
Hence, the net operating income is $3,740 and the same is to be considered
Answer:
It is recognition, measurement, and disclosure concepts (D)
Explanation:
Elements of financial statements : this falls under the second level of the conceptual framework.
Objective of financial reporting : this falls under the first level of the conceptual framework.
Qualitative characteristics of accounting information : this falls under second level of the conceptual framework
Recognition, measurement, and disclosure concepts: this falls under the third level of conceptual framework.
Answer:
d. horizontally summing individual supply curves.
Explanation:
Each firm will have its own supply curve depicting the relationship between the price and the quantity of goods it is willing to produce at that given price. The market supply curve is obtained by aggregating the different firm supply curves i.e. the total quantity suppliers are willing to produce when the product is sold for a given price.
Based on the above, option d is the correct answer.
<h2>e-commerce network is used to store customer satisfaction data.</h2>
Explanation:
E-commerce front-end technology:
Front-end technology is the interface where the user interacts. The customer is not aware of where the data is stored and what is the logic behind. Front-end cannot store anything.
e-commerce back-end technology:
Back-end technology can store the data. Normally it would be the database which stores all the inputs provided from the front end.
e-commerce networks:
This is the website which connects both front-end and back-end. This refers to the internet world. The business people can collect data from anywhere and store it in the database and view it.
e-commerce links:
e-commerce links is nothing but either it is adding its (website) own internal links or connecting the external website through the current web page.