Business, 05.07.2020 14:01 Sfowler5129
g Blossom Company reports the following operating results for the month of August: sales $350,000 (units 5,000), variable costs $247,000, and fixed costs $99,000. Management is considering the following independent courses of action to increase net income. 1. Increase selling price by 10% with no change in total variable costs or units sold. 2. Reduce variable costs to 63% of sales. Compute the net income to be earned under each alternative.
Answers: 3
Business, 21.06.2019 20:30
Abond is issued for less than its face value. which statement most likely would explain why? a. the bond's contract rate is higher than the market rate at the time of the issue. b. the bond's contract rate is the same as the market rate at the time of the issue. c. the bond's contract rate is lower than the market rate at the time of the issue. d. the bond isn't secured by specific assets of the corporation.
Answers: 1
Business, 21.06.2019 22:00
If a bond is issued at a premium the effective interest rate is most likely
Answers: 2
Business, 22.06.2019 03:30
Tiana daniels enterprise’s trial balance as at december 31, 2016 did not balance. on february 15, 2017 the following errors were detected: errorsi. water rates had been undercast by $2, 000. ii. a cheque paid to yvonne walch of $2, 680 had been posted to the credit side of her account. iii. discount received total of $1, 260 had been posted to the debit side of the discount allowed account as $1, 620. iv. rent paid in the amount of $24, 000 had been posted to the credit of the rent received account. v. wayne returned goods valuing $1, 680 to daniels enterprise but had been completely omitted from the books. required: 1. prepare the journal entries to correct the errors. (narrations required) 14.5 marks 2. prepare the suspense account showing clearly the original trial balance error. 8 marks
Answers: 2
Business, 22.06.2019 06:00
Josie just bought her first fish tank a 36 -gallon glass aquarium, which she’s been saving up for almost a year to buy. for josie, the fish tank is most likely what type of purchase
Answers: 1
g Blossom Company reports the following operating results for the month of August: sales $350,000 (u...
Chemistry, 05.07.2019 09:30
Biology, 05.07.2019 09:30
Social Studies, 05.07.2019 09:30
Biology, 05.07.2019 09:30
History, 05.07.2019 09:30
English, 05.07.2019 09:30
Mathematics, 05.07.2019 09:30
Mathematics, 05.07.2019 09:30
Mathematics, 05.07.2019 09:30
History, 05.07.2019 09:30