To calculate the fixed cost per unit at different sales levels, we need to divide the total fixed cost by the respective sales volume.
To determine the fixed cost per unit, we divide the total fixed cost by the corresponding sales volume. Let's consider the sales quantities of 35, 70, and 140 units.
For example, if the total fixed cost is $2,000 and the sales volume is 35 units, the fixed cost per unit would be $2,000 divided by 35, resulting in $57.14 per unit (rounded to the nearest cent).
Similarly, for a total fixed cost of $3,500 and sales of 70 units, the fixed cost per unit would be $3,500 divided by 70, resulting in $50 per unit (rounded to the nearest cent).
Lastly, if the total fixed cost is $7,000 and the sales volume is 140 units, the fixed cost per unit would be $7,000 divided by 140, resulting in $50 per unit (rounded to the nearest cent).
By performing these calculations, we can determine the fixed cost per unit at different sales levels, allowing for a better understanding of the fixed cost component associated with each unit sold.
Learn more about sales here: brainly.com/question/28173431
#SPJ11
An active primary market for the creation of new securities and the presence of plenty of buyers and sellers are all most indicative of _____.
an efficient monetary policy
a national economy
a competitive marketplace
sound financial management
An active primary market for the creation of new securities and the presence of plenty of buyers and sellers are all most indicative of a competitive marketplace. Thus, option C is correct.
What is the market?Markets are places where individuals, businesses, and industries transact, whether it be for the purpose of purchasing, producing, or providing services. they use it n order earning profits.
As there are various suppliers in the market, there is a face lot of people have various options from which the person could buy.
Customer competition is fueled by a competitive market. This implies that consumers struggle among others to purchase a commodity, particularly when inventory is low. Therefore, option C is the correct option.
Learn more about the market, here:
https://brainly.com/question/13414268
#SPJ1
Alicia has been working for JMM Corp. for 32 years. Alicia participates in JMM’s defined benefit plan. Under the plan, for every year of service for JMM she is to receive 2 percent of the average salary of her three highest years of compensation from JMM. She retired on January 1, 2019. Before retirement, her annual salary was $570,000, $600,000, and $630,000 for 2016, 2017, and 2018. What is the maximum benefit Alicia can receive in 2019?
Answer:
$225,000
Explanation:
Alicia's total benefits = (2% x 32 years) x [($570,000 + $600,000 + $630,000) / 3] = 64% x $600,000 = $384,000
but Alicia will not be able to receive the full amount in 2019 since the IRS limits the maximum annual compensation received from a defined benefit plan to $225,000 (for 2019, it increased to $230,000 for 2020 and 2021). So Alicia would only receive $225,000 during 2019.
Justify the following statement: “Diversity should exist in the workplace.”
Answer: Yes, it should exist, since diversity allows everyone to learn from their differences and contribute to the growth of the workplace.
Explanation:
Diversity in the workplace is an issue that has been gaining momentum in recent years. Every day more companies recognize the importance of having a diverse capital. This not only benefits those people of different races or any other cultural differences that it presents, but also that the company benefits from this. Companies that have a diverse capital can experience benefits in the short and long term since when there are differences there are different ways in which to contribute to the growth of the company.
Answer: Diversity is valuable because it brings a variety of viewpoints, opinions and sets of experiences to bear against the common goals and problems of the workplace, instead of a single, possibly inaccurate point of view.
Explanation:E22
during the pleistocene epoch, the climate around the globe was uniformly cold. true or false
During the Pleistocene epoch, the climate around the world was not uniformly cold. This epoch is also known as the Ice Age. It began 2.6 million years ago and lasted until 11,700 years ago. During this time, there were several glacial and interglacial periods.
The Earth experienced colder temperatures during the glacial periods and warmer temperatures during the interglacial periods.There were several factors that contributed to the cooling and warming of the Earth during this epoch. One of the main factors was variations in the Earth's orbit and the tilt of its axis.
These variations caused changes in the amount and distribution of solar radiation that reached the Earth's surface.Another factor was changes in the composition of the atmosphere. The level of carbon dioxide and other greenhouse gases in the atmosphere played a crucial role in regulating the Earth's temperature.
To know more about Pleistocene visit:
https://brainly.com/question/12163109
#SPJ11
the revenue recognition principle requires that revenues always be recorded when cash is received. group startstrue or false
The statement is false. The revenue recognition principle requires that revenues be recorded when they are earned, regardless of when the cash is received.
This means that if a company provides goods or services to a customer, they should record the revenue at the time of delivery or completion of the service, even if the customer has not yet paid. This principle ensures that financial statements accurately reflect the company's performance and obligations, and provides more useful information for investors and other stakeholders. However, there are specific rules and guidelines for recognizing revenue, depending on the nature of the business and the type of transaction, which must be followed to ensure compliance with accounting standards.
To learn more about revenues, visit:
https://brainly.com/question/31923987
#SPJ11
april has joined a team with members from the sales customers service and shipping and receiving departments which term best describes the team april joined
Answer:
A cross-functional team
Explanation:
A cross-functional team is composed of members with different skills, experiences, and backgrounds. In organizations, cross-functional teams will have members from various departments. The teams are formed to undertake projects that require input from different experts.
April has joined a cross-functional team. The team has members from many departments. Cross-functional are temporally and get dissolved when the project is complete.
bob meets with his subordinates on a regular basis to share concerns and information with the group. he takes their feedback but makes decisions on his own. according to the leadership decision tree, bob has a(n) decision-making style.
According to the leadership decision tree, Bob has a consultative decision-making style.
What is the consultative decision-making style?The consultative decision-making style is described as a form of decision-making style in which a leader will include his subordinates or employees. Such employees or subordinates are then asked to share their views, opinions, perceptions, and ideas regarding a decision. Hence, such a leader can effectively and responsibly control his subordinates.
In this scenario, Bob as a leader asks his subordinates to share their information and concerns. Hence, Bob is consulting his subordinates regarding information and concerns. The consulting approach of Bob is what forms a part of consultative decision-making.
It can be concluded that, according to the leadership decision tree, Bob has a consultative decision-making style.
To know more about, consultative decision-making style, check this link:
https://brainly.com/question/26566556
#SPJ4
3.
housing needed to move to be near food sources.
a. portable
b. natural
c. permanent
Answer:
a
Explanation:
moving is portable
The brain's ability to collect basic information about incoming stimuli and prepare it for further interpretation it is called:__________
Answer:
bottom-up-processibg
Explanation:
Karl’s Sporting Goods started as a small shop catering to the fly-fishing crowd but as requests were made for different and varied goods, it branched out into an outdoor-sports store. Karl caters to his core customer base of hunters and fishermen, but stocks the latest outdoor gear for those who want to incorporate other sports such as backpacking into their hunting and fishing experience. Due to space limitations, he does not carry mountain bikes, but does carry gear for them. Since Karl’s is not located near the ocean or a large body of water, he does not carry wetsuits or other watersports equipment, but he does carry gear that would be required for wading in cold mountain rivers and streams, and canoes and kayaks. His marketing is directed toward hunters and fishermen, but includes activities, events, and sales aimed at bringing outdoor enthusiasts with other interests into his store. Over the past month, he has received numerous request for rock climbing gear. As a result of t
The full question is:
Karl's Sporting Goods started as a small shop catering to the fly-fishing crowd but as requests were made for different and varied goods, it branched out into an outdoor-sports store. Karl caters to his core customer base of hunters and fishermen, but stocks the latest outdoor gear for those who want to incorporate other sports such as backpacking into their hunting and fishing experience. Due to space limitations, he does not carry mountain bikes, but does carry gear for them. Since Karl's is not located near the ocean or a large body of water, he does not carry wetsuits or other watersports equipment, but he does carry gear that would be required for wading in cold mountain rivers and streams, and canoes and kayaks. His marketing is directed toward hunters and fishermen, but includes activities, events, and sales aimed at bringing outdoor enthusiasts with other interests into his store. Over the past month, he has received numerous request for rock climbing gear. As a result of these requests, Karl has entered into negotiations with three providers of high-quality rock climbing shoes and gear. What do Karl's activities show about his marketing for Karl's Sporting Goods?
Answer:
He has a marketing concept and is acting on it.
Explanation:
A marketing concept is the way by which businesses identify the needs of customers and come up with strategic ways of meeting those needs better than competing firms.
Different marketing concepts include: production concept, product concept, selling concept, marketing concept, and the societal marketing concept.
In the given scenario Karl's sporting goods only catered for fly fishers but as demand for other items increased they branched into other outdoor sport items.
He is stocking gear for swimming, rock climbing, and mountain bikers through partnership with suppliers even if they are not his primary market.
This is acting on marketing concept to be able to meet demand for the other outdoor sporting activities he does not normally supply
What was the earliest franchise of indoor cycling classes called?.
The earliest franchise of indoor cycling classes called Spinning
SpinningSpinning is a brand of indoor bicycles and indoor cycling instruction classes distributed and licensed by the American health and fitness company Mad Dogg Athletics.In conclusion, we can conclude that the correct answer is spinning.
learn more about spinning from here: https://brainly.com/question/339581
The
Nelson Company has $1404000 in current assets and $540,000 in
current liability. Its intnal level is 410,000 and a pushing
current ration below 1.8. what is the short term debt? what is the
quick
When Current assets is 1404000,Current liability is 540000,Internal level is 410000,Pushing current ratio below 1.8 then the short term debt is 993000 and the quick ratio is 2.6.
We are supposed to determine the short term debt and the quick ratio.Let's first calculate the current ratio:
Current ratio = Current assets / Current liabilities = 1404000 / 540000 = 2.6
Since the given company has a current ratio greater than 1.8, the company can pay off its current liabilities. Now let's calculate the quick ratio:
Quick ratio = (Current assets - Inventory) / Current liabilities
Since the given problem does not mention anything about inventory, we can assume that there is no inventory.
Quick ratio = (Current assets - Inventory) / Current liabilities = (1404000 - 0) / 540000 = 2.6
The short term debt can be calculated by subtracting the internal level from the current assets.
Therefore,Short term debt = Current assets - Internal level = 1404000 - 410000 = 993000
Therefore, the short term debt is 993000 and the quick ratio is 2.6.
To know more about Current assets visit:
https://brainly.com/question/13076734
#SPJ11
You have $65 in your savings account at the beginning of a month. The bank pays you
2.75% interest on this account each year; interest payments are made each month.
Assuming you make no deposits or withdrawals over the next month, how much
interest will you earn during the month?
Answer:
$0.15
Explanation:
Interest is calculated using the formula below.
I = P x i x t
where I = interest
P= principal amount.
i=interest rate
t=time
Interest is given as an annual percentage. A 2.75 % interest will translate to 2.75/100 divided by 12 monthly interest. Therefore, the applicable interest rate is 0.00229 %
interest for the month will be
i=$65 x 0.00229 x 1
=$0.14895
=$0.15
Your social media promotion can either narrowly target 50,000 users with an estimated click rate of 10% or broadly
target 250,000 users with an estimated click rate of 1%. Which will get more clicks?
Answer:
Narrow targeting
Explanation:
1% of 250,000 is 2,500
10% of 50,000 is 5,000
A social media promotion can either narrowly target 50,000 users with an estimated click rate of 10% or broadly target 250,000 users with an estimated click rate of 1%. The narrowly target is the best way.
What is social media?Social media is a term used to describe online communication. Social media systems enable users to have discussions, exchange information, and create content for the internet. Social media mostly used in the youth. The social media are to share the information quickly.
The social media promotion is the part of the marketing. The narrowly target is the specific niche of consumers is the target market on the right time to the right audience. The broadly target to the cover the large level of the audience. The narrowly target is the best option in the social media promotion.
The calculation are:
1% of 250,000 is 2,50010% of 50,000 is 5,000As a result, the significance of the social media are the aforementioned.
Learn more about on social media, here:
https://brainly.com/question/30326484
#SPJ6
Which of the following should show a profit in order for a financial institution to give a the company a loan
a) income statement
b) rent expense
c) accelerated depreciation
d) accounts receivable
Answer:
A I think not really sure hope this helps you
ESTIMATING COSTS
ACTIVITY 1- Scenario: Margaret has recently opened up her own
Beauty Salon in Abu Dhabi. She has been operating for the last 6
months as a sole trader.
List Margaret's costs for her business below:
Fast plz
Answer:
Opening your own hair salon is a milestone for any hairdresser. You may be wanting to open a salon so that you are self-employed. You may also be wanting to provide your own clients with services that align with your vision of what a hairdressing experience should be. However, opening a hairdressing salon is a big responsibility, even if you have previous experience in the hairdressing industry.
One of the most important things you will need to consider when planning to open a hairdressing salon is how to structure your business. Your business structure is the legal framework of your business. It has the potential to reduce your exposure to financial risk and enable flexibility for growth. The wrong business structure for a new business may be costly and may not be suited to your business goals. This article considers four popular business structures and their suitability for hairdressing businesses.
1. Sole Trader
If you are starting a hairdressing salon on your own or are wanting to freelance, you may choose to operate as a sole trader. As a sole trader, you will have full control and autonomy of the running your business. This structure is usually relatively easy and cheap to set up. It also has minimal legal formalities.
To set up as a sole trader, you will need an Australian Business Number (ABN). If you intend to trade under your own name, then you don’t need to register a business name. However, if you plan to operate under a different name, you simply need to register a business name with the Australian Securities and Investments Commission (ASIC).
Although it has an easy setup, this structure does come with risk. If any of your clients sue you or you incur any debts, you will be personally responsible. This means that if you can not repay these debts from the funds of the business, you will have the repay the debt from your own personal finances.
Also, as a sole trader, you have limited resources available to fund the growth of your business. You will need to rely on:
personal savings;
loans; and
business profits.
You cannot raise funds from the general public. Being a sole trader may also not be the most tax-effective decision. This is because a sole trader is liable to the same tax rate applicable to individual taxpayers on income earned. You should check this with an accountant or tax lawyer.
2. Partnership
If you plan to open your hairdressing salon with one or more business partners, you may choose to enter into a partnership. Similar to a sole trader, the setup is simple and has minimal upfront costs. You will require an ABN for the partnership and most partnerships also register a business name.
It is also important for the partners to enter into a partnership agreement. This agreement governs the relationship between partners and sets out key terms, which may describe:
how the business will be managed;
how the profits will be shared;
who will fund the partnership;
how you or your partners can sell your share in the business; and
the process for managing disputes.
However, setting up a partnership also comes with risks. Like a sole trader, if someone sues you or you go into debt, your personal assets and finances will be at risk.
Additionally, partnerships involve joint liability. Therefore, you may be personally liable for business debts owed by any of the other partners. The amount owed is not divided proportionally according to your percentage of ownership in the business, so you could be responsible for paying the entire amount.
Like a sole trader, you cannot raise funds from the general public to fund the growth of your business. You will need to rely on:
the savings of each partner;
loans; or
business profits.
However, unlike a sole trader, you can look to bring on more partners to increase the pool of funds available for the business.
3. Company
Whether you are operating your hairdressing salon on your own or with other business partners, you may decide to operate as a company. A company is a separate legal entity. This means it is capable of suing and being sued. It also holds assets in its own name and can enter into contracts in its own name.
There are two key players involved in the management of a company. These are shareholders and directors. As the founder of your business, you will usually be both a shareholder and a director of the company that you establish. Any other business partners may also take on these roles.
hope it helps
which of the following best describes the relationship between two variables when high values of one variable are associated with high values of the others in which plotted in X-Y points fall on a straight line? A.positive linear B.negative linear C.positive monotonic D.negative negative
Option C. positive monotonic is Correct. When high values of one variable are associated with high values of the other variable, and the plotted points fall on a straight line, it indicates a positive monotonic relationship.
In other words, as one variable increases, the other variable also tends to increase, but there may be fluctuations or occasional reversals.
Positive linear and negative linear relationships are also possible, but they do not necessarily imply a monotonic relationship. Positive linear relationship implies that as one variable increases, the other variable increases in a direct and consistent manner. Negative linear relationship implies that as one variable increases, the other variable decreases in a direct and consistent manner.
Positive monotonic relationship implies that as one variable increases, the other variable tends to increase, but there may be fluctuations or occasional reversals. Therefore, option C is the best description of the relationship between two variables when high values of one variable are associated with high values of the others in which plotted in X-Y points fall on a straight line.
Learn more about monotonic visit: brainly.com/question/30408398
#SPJ11
Qi, julian, and omar are all in the 24% tax bracket. qi has received $3,000 in corporate bond interest, omar $2,500 in savings account interest, and julian $2,500 in dividends from a us corporation. rank the taxpayers by their tax liability from the amounts received, from least to greatest.
Based on the information provided, Qi, Julian, and Omar are all in the same tax bracket of 24%. However, their tax liability will vary depending on the type of income they received.
First, let's look at Qi who received $3,000 in corporate bond interest. This type of income is typically taxed as ordinary income. So, Qi will owe 24% of $3,000, which is $720. Therefore, Qi's tax liability is $720.
Next, let's consider Julian who received $2,500 in dividends from a US corporation. Qualified dividends are taxed at a lower rate than ordinary income, so Julian's tax liability will be less than Qi's. Assuming that Julian's dividends are qualified, he will owe 15% of $2,500, which is $375. Therefore, Julian's tax liability is $375.
Lastly, let's look at Omar who received $2,500 in savings account interest. Like corporate bond interest, this type of income is also typically taxed as ordinary income. So, Omar will owe 24% of $2,500, which is $600. Therefore, Omar's tax liability is $600.
To rank the taxpayers by their tax liability from the least to the greatest, the order would be Julian ($375), Qi ($720), and Omar ($600). Julian has the least tax liability because he received qualified dividends which are taxed at a lower rate than ordinary income. Qi has the highest tax liability because corporate bond interest is taxed as ordinary income. Omar's tax liability falls in between Julian and Qi's tax liability because he received savings account interest which is also taxed as ordinary income.
Know more about "tax bracket".
https://brainly.com/question/31110172
#SPJ11
I was the Internet or originally constructed
Answer:
i can't help if i don't know what's the question?
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
learn more about managers here
https://brainly.com/question/32150882
#SPJ11
Need help ASAP! Tyyyyyy
This is a question on Entrepreneurship. The two sectors where Mama Meals plays are:
Yes. Business plans are essential for laying out the long-term goals of a business.
Learn more about Entrepreneurship:
https://brainly.com/question/18294953
#SPJ1
Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
22A Using absolute cell references as necessary, in cell C23, construct a formula to calculate the projected expenses for 2020 after the Forecasted increase in cell B21 is applied. Fill the formula through cell F23. 22B Display the Sales Reps sheet. By using Flash Fill and deleting columns as necessary, place the last names in column A and the first names in column B. Widen both columns to 100 pixels, and then merge and center the title Sales Reps across the two columns. Apply the Heading 1 cell style to the title. A B D F G Direct Expenses by Quarter Summary % of Tota 53% 18% 14% 1% 14% Quarter ! Quarter 2 Quarter 3 Quarter 4 Annual Total Sales Expense $ 4,458,578 $ 4,678,712 $ 4,887,953 $ 5,325,215 $ 19,350,458 Administrative Expense 1,311.774 1,587,963 1,689,563 1,856,878 6,446,178 Rent Expense 1.317,470 1,317,470 1,317,470 1,317,470 5,269,880 Interest Expense 129,713 138,963 115,786 128,963 513.425 - Advertising Expense 964,872 1.184,532 1,278,741 1,581,372 5,009,517 Totals by Quarter $ 8,182,407 $ 8,907,640 $ 9,289,513 $ 10,209,898 $ 36,589,458 1 2 3 Direct Expenses 4 $11,000,000 5 $10,000,000 6 59,000,000 7 $8,000,000 18 Quarter 1 Quarter 2 Quarter 3 Quarter 4 19 20 Expenses 5-Year Forecast 3.5% 2019 2020 2021 2022 2023 $ 36,589,458 21 Forecasted Increase 22 Year 33 Projected Expenses 24 25 26 27 28 29 30 Denver Inventory Inventory Summary Annual Expenses Sales Rep Ready
In cell C23, the formula to calculate the projected expenses for 2020 after the Forecasted increase in cell B21 is applied is =SUM(B24:F24)*B21. This formula is then filled through cell F23.
What is expenses?Expenses are costs incurred by individuals, businesses, or governments when purchasing goods or services. They can include the cost of materials, labor, transportation, and other overhead costs. Expenses are an important factor in financial planning and budgeting, as they are a key indicator of how much money a person or organization has available to spend. By tracking expenses and understanding where money is being spent, individuals and businesses can make more informed decisions about how to allocate their resources.
To display the Sales Reps sheet, column A is filled with the last names by using Flash Fill and column B is filled with the first names by using Flash Fill. Both columns are then widened to 100 pixels and the title Sales Reps is merged and centered across the two columns. The Heading 1 cell style is applied to the title.
The final result should look like this:
A B D F G
Sales Reps
Denver Inventory Inventory Summary Annual Expenses Sales Rep Ready
To learn more about expenses
https://brainly.com/question/28303018
#SPJ1
the official bls unemployment rate may overstate economic hardship because multiple choice all part-time workers are considered fully employed. some workers may be underemployed. the unemployed include semi-retired workers and teens who wish to work only part-time. the unemployed include people who are not actively seeking work.
The official BLS (Bureau of Labor Statistics) unemployment rate only considers those who are actively seeking work and are unable to find it.
However, this measure may overstate the economic hardship faced by individuals and families as it does not take into account part-time workers who are considered fully employed, workers who are underemployed or not using their full potential, and those who may be semi-retired or prefer only part-time work.
Additionally, some individuals who are unemployed may not actively seek work, which further skews the unemployment rate. Therefore, relying solely on the official BLS unemployment rate may not provide a complete picture of economic hardship in a given area.
For more about unemployment:
https://brainly.com/question/17272067
#SPJ11
Q9. WE Company has completed all operating budgets other than the income statement for 2024. Selected data from these budgets follow.
Sales: $350,000
Purchases of raw materials: $145,000
Ending inventory of raw materials: $15,000
Direct labor: $40,000; Manufacturing overhead: $73,000, including $3,000 of depreciation expense
Selling and administrative expenses: $36,000 including depreciation expense of $1,000; Interest expense: $1,000
Principal payment on note: $2,000; Dividends declared: $2,000 and Income tax rate: 30%
Other information:
Assume that the number of units produced equals the number sold.
Year-end accounts receivable: 4% of 2024 sales.
Year-end accounts payable: 50% of ending inventory of raw materials.
Interest, direct labor, manufacturing overhead, and selling and administrative expenses other than depreciation are paid as incurred.
Dividends declared and income taxes for 2014 will not be paid until 2015.
Instructions
(a) Calculate budgeted cost of goods sold.
(b) Prepare a budgeted income statement for the year ending December 31, 2014.
(c) Prepare a budgeted balance sheet as of December 31, 2014
Answer:
(a) To calculate the budgeted cost of goods sold, we need to use the following formula:
Beginning Inventory of Raw Materials + Purchases of Raw Materials - Ending Inventory of Raw Materials + Direct Labor + Manufacturing Overhead = Total Manufacturing Costs
$0 (assuming no beginning inventory of raw materials) + $145,000 - $15,000 + $40,000 + $73,000 = $243,000
Then, we can use the following formula to calculate the budgeted cost of goods sold:
Total Manufacturing Costs + Beginning Finished Goods Inventory - Ending Finished Goods Inventory = Cost of Goods Sold
$243,000 + $0 - $0 = $243,000
Therefore, the budgeted cost of goods sold is $243,000.
(b) Using the information above, we can prepare a budgeted income statement for the year ending December 31, 2014 as follows:
WE Company
Budgeted Income Statement
For the Year Ending December 31, 2014
Sales $350,000
Cost of Goods Sold $243,000
Gross Profit $107,000
Selling and Administrative Expenses $36,000
Depreciation $1,000
Interest Expense $1,000
Income before Taxes $69,000
Income Tax Expense $20,700
Net Income $48,300
(c) Using the information above, we can prepare a budgeted balance sheet as of December 31, 2014 as follows:
WE Company
Budgeted Balance Sheet
As of December 31, 2014
Assets
Cash TBD
Accounts Receivable TBD
Inventory of Raw Materials $15,000
Finished Goods Inventory TBD
Total Assets TBD
Liabilities and Stockholders' Equity
Accounts Payable TBD
Note Payable TBD
Stockholders' Equity TBD
Total Liabilities and Stockholders' Equity TBD
To complete the budgeted balance sheet, we need additional information such as the amount of cash, accounts receivable, finished goods inventory, note payable, and stockholders' equity.
United States' law Group of answer choices Only bans bribery within U.S. territories. Bans all U.S. companies from paying bribes anywhere in the world. Bans all companies from paying bribes anywhere in the world. Only allows bribery when all parties consent.
United States' law payment of bribes to foreign officials in order to win or keep business is generally prohibited under the Foreign Corrupt Practises Act (FCPA), which was introduced in 1977. The correct answer is b. Bans all U.S. companies from paying bribes anywhere in the world.
The Foreign Corrupt Practises Act (FCPA) forbids American companies from using bribery in any of their business operations around the globe. The FCPA was established in 1977 to stop American businesses from bribing foreign officials.The anti-bribery clause and the accounting provision are the two primary sections of the statute. The anti-bribery provision forbids American businesses, their officers, directors, staff, and agents from corruptly paying foreign officials in order to win or keep business. In accordance with the Foreign Corrupt Practises Act, it is forbidden for American companies to use bribery in any of their business operations around the globe.
Complete question:
United States' law Group of answer choices Only
a. bans bribery within U.S. territories.
b. Bans all U.S. companies from paying bribes anywhere in the world.
c. Bans all companies from paying bribes anywhere in the world.
d. Only allows bribery when all parties consent.
To know more about Foreign corrupt practices act visit:
https://brainly.com/question/30706781
#SPJ4
which one of the following statements is correct? question 7 options: the expected return includes the surprise portion of news announcements. the unexpected return is always negative. the expected return minus the unexpected return is equal to the total return. over time, the average return is equal to the unexpected return. over time, the average unexpected return will be zero.
Over time, the average unexpected return tends to approach zero, as positive and negative surprises balance each other out.
The correct statement is: "Over time, the average unexpected return will be zero." The unexpected return represents the portion of an investment's return that cannot be explained by known factors or expectations. It can be positive or negative and is influenced by unforeseen events or market surprises.
However, over an extended period, these unexpected returns tend to average out and approach zero. This means that the positive and negative surprises ultimately balance each other out, leading to an average unexpected return of zero. It's important to note that the expected return, which is based on known factors and anticipated returns, may still contribute to the overall average return.
Therefore, the average return and the average unexpected return are not necessarily equal, as the former considers both expected and unexpected components.
To learn more about investment's click here
brainly.com/question/14921083
#SPJ11
It’s too early for this and I need some assistance
Answer:
A
Explanation:
What are some interview tips?
Answer:
give em a stong hand shake :)
Explanation:
which of the following is a reason that firms must develop more new products than ever?
They are replacing old customers with new ones
To amortize heavy investments in development labs
The increased difficulty of defending patents and trade names
Commitments to joint venture partners
Product life cycles are shorter
One reason that firms must develop more new products than ever is due to the shortened product life cycles. Hence, option E. product cycles are shorter is the correct answer.
With advancements in technology and the constant evolution of consumer preferences, products become obsolete much quicker than in the past. This means that firms must constantly innovate and introduce new products to remain competitive in the market. Additionally, the increased difficulty of defending patents and trade names also contributes to the need for more new products. With the rise of globalization and ease of imitation, it has become harder for firms to protect their intellectual property. Therefore, they must constantly create and introduce new products to stay ahead of the competition. Another factor is the need to amortize heavy investments in development labs. Developing new products requires significant investments in research and development, and firms must introduce new products to recoup these costs. Lastly, commitments to joint venture partners can also drive firms to develop more new products. When partnering with other companies, there may be an agreement to introduce new products to the market, which requires a constant flow of innovation. Overall, the need for firms to develop more new products than ever is driven by a combination of factors, including shorter product life cycles, increased competition, and financial obligations.
learn more about product life cycle here:
https://brainly.com/question/30512127
#SPJ11