At Waren Sports Supply, which of the following is the correct order for document preparation and entry recording in the sales and cash receipts cycle? - customer order, bill of lading, sales invoice, entry in sales and accounts receivable subsidiary ledgers - customer order, bill of lading, entry in sales and accounts receivable subsidiary ledgers, sales invoice
- customer order, entry in sales and accounts receivable subsidiary ledgers, sales invoice, bill of lading
- customer order, sales invoice, bill of lading, entry in sales and accounts receivable subsidiary ledgers - customer order, sales invoice, entry in sales and accounts receivable subsidiary ledgers, bill of lading

Answers

Answer 1

The correct-order for document preparation and entry-recording in the sales and cash receipts cycle is (a) customer order, bill of lading, sales invoice, entry in sales and accounts receivable subsidiary ledgers.

The "Cash-Sales" is defined as the transactions in which a customer pays for goods or services with cash, rather than credit or other form of payment.

The document preparation and entry recording process for the sales and cash receipts cycle follows the sequence:

(i) Customer order: The customer places an order for goods or services, which is documented in a sales order.

(ii) Bill of lading: The goods are shipped to the customer, and a bill of lading is prepared to accompany the shipment.

(iii) Sales invoice: A sales invoice is prepared, detailing the transaction and the amount owed by the customer.

(iv) Entry in sales and accounts receivable subsidiary ledgers: The transaction is recorded in company's sales and accounts receivable subsidiary ledgers, creating a record of sale, amount owed by customer, and any payments received.

Therefore, the correct option is (a).

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The given question is incomplete, the complete question is

At Waren Sports Supply, which of the following is the correct order for document preparation and entry recording in the sales and cash receipts cycle?

(a) customer order, bill of lading, sales invoice, entry in sales and accounts receivable subsidiary ledgers

(b) customer order, bill of lading, entry in sales and accounts receivable subsidiary ledgers, sales invoice

(c) customer order, entry in sales and accounts receivable subsidiary ledgers, sales invoice, bill of lading

(d) customer order, sales invoice, bill of lading, entry in sales and accounts receivable subsidiary ledgers

(e) customer order, sales invoice, entry in sales and accounts receivable subsidiary ledgers, bill of lading


Related Questions

jasmine has too many files in her math folder and can't easily find her class notes. what should she do to help her find her notes easily?

Answers

Answer:

used folders or sticky notes in a binder. Notes saying what they are help too.

Explanation:

Based on the problems you have seen so far at GearOn, what type of CRM applications will be MOST helpful to the company?
Relationship Management and Customer Support Applications You decided that Relationship Management and Customer Support Applications would be the most valuable to GearOn. This was the best choice, because the problems at the company center on supporting and retaining current customers.

Answers

CRM applications that focus on relationship management and customer support would be the most helpful to GearOn, as the company's problems center around supporting and retaining current customers.

Based on the problems described, the most helpful type of CRM applications for GearOn would be Relationship Management and Customer Support Applications.

The company seems to be struggling with customer retention and support, which can be addressed through effective relationship management and customer support tools. These tools can help the company track customer interactions, resolve issues quickly and efficiently, and provide personalized service to improve customer satisfaction and loyalty.

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--The given question is incomplete, the complete question is given

" Based on the problems you have seen so far at GearOn, what type of CRM applications will be MOST helpful to the company?"--

5. Drawing account is a personal account.

Answers

The drawings account is a non-real account that belongs to the author. The cash that the trader of the firm withdrew for personal use is shown in his account.

All of a business's accounts for revenue and spending are included in a nominal account.

In and of itself, a drawing account is not a bank account. The record kept by a business owner or accountant that details how much cash has been taken out by business owners is referred to as drawing in accounts.

Drawing accounts distinguish between business and personal use of the company's finances and assets. In certain businesses, such as sole proprietorships and partnerships, it is virtually necessary because the owner and the company are one and the same.

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the oriole mills company has just disclosed the following financial information in its annual report sales of 1.47 million, cost of goods sold of $817,100, depreciation expenses of $179,600, and interest expenses of $ 94,000. Assume that the firm has an average tax rate of 29 percent. Compute the cash flows to investors from operating activity.

Answers

The cash flows to investors from operating activities for Oriole Mills Company is $543,973.

To compute the cash flows to investors from operating activities, we need to start with the net income and make adjustments for non-cash expenses and changes in working capital. The formula to calculate cash flows from operating activities is as follows:

Cash Flows from Operating Activities = Net Income + Depreciation Expenses + Non-Cash Interest Expenses - Increase in Current Assets + Increase in Current Liabilities + Decrease in Current Assets - Decrease in Current Liabilities

Given the financial information provided, we can calculate the cash flows to investors from operating activities as follows:

Net Income:

Net Income = Sales - Cost of Goods Sold - Depreciation Expenses - Interest Expenses - Taxes

Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - ($1,470,000 - $817,100 - $179,600 - $94,000) * 0.29

Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - ($379,300 * 0.29)

Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - $109,927

Net Income = $269,373

Depreciation Expenses = $179,600

Non-Cash Interest Expenses = $94,000

Changes in Working Capital:

Increase in Current Assets = 0 (no information provided)

Increase in Current Liabilities = 0 (no information provided)

Decrease in Current Assets = 0 (no information provided)

Decrease in Current Liabilities = 0 (no information provided)

Finally, we can calculate the cash flows to investors from operating activities:

Cash Flows from Operating Activities = $269,373 + $179,600 + $94,000 + 0 + 0 + 0 + 0

Cash Flows from Operating Activities = $543,973

Therefore, the cash flows to investors from operating activities for the Oriole Mills Company is $543,973.

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Value of an Australian dollar (A$) in $ $0.67 $0.69
Value of Mexican peso in $ $.074 $.077
Value of an Australian dollar in Mexican pesos 8.2 8.5

Assume you have $100,000 to conduct triangular arbitrage. What will be your profit from implementing this strategy?
A) $6,133
B) $2,368
C) $6,518
D) $13,711

Answers

Assume you have $100,000 to conduct triangular arbitrage. your profit from implementing this strategy is: B) $2,368.

How to find the profit?

First step is to find the triangular arbitrage

Triangular arbitrage = [ ( $100,000/$.077 ) /  8.5 poses] × $0.67 Australian dollar

Triangular arbitrage = [ 1,298,701 /8.5 Mexican poses] × $0.67 Australian dollar

Triangular arbitrage =  $152,788 ×$0.67  Australian dollar

Triangular arbitrage = $102,368

Now let find the profit from implementing the strategy

Profit = $102,368 - $100,000

Profit =$2,368

Therefore the correct option is B.

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What do workers in the law, public safety, corrections, and security field do?
A. They ensure that people are happy with their life experiences.
B. They help people realize their full potential.
C. They look for transportation patterns for delivering goods.
D. They seek to protect people and their property.

Answers

Answer: D  ←←←←←←←←←←←←←←←←←←←←←←←←←←←←←←←                                                                        

Jansen Company’s general ledger showed a checking account balance of $25,020 at the end of May 2021. The May 31 cash receipts of $2,460, included in the general ledger balance, were placed in the night depository at the bank on May 31 and were processed by the bank on June 1. The bank statement dated May 31, 2021, showed bank service charges of $50. All checks written by the company had been processed by the bank by May 31 and were listed on the bank statement except for checks totaling $2,010. Required: Prepare a bank reconciliation as of May 31, 2021. [Hint: You will need to compute the balance that would appear on the bank statement.]

Answers

$24,520 is the balance in a bank reconciliation as of May 31, 2021.  The goal of this process is to determine the differences between the two and, as necessary, make changes to the accounting records.

What is the journal entry for bank reconciliation?

When there are changes to the balance on the books, journal entries are required in a bank reconciliation. These adjustments are the result of bank statement items that were not recorded in the company's general ledger accounts.

Given

Bank Balance = $25,020

Cash Receipts = -$2460

Bank Charges = - $50

Collection = + 2010

Bank balance after reconciliation = $24,520

Bank reconciliations are an important internal control tool for preventing and detecting fraud. They also aid in the identification of accounting and banking errors by explaining the differences between the cash balances on the accounting record and the bank balance position on the bank statement.

Thus, the balance of $24,520 is shown in the bank account.

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Nhà cung cấp hàng hóa ảnh hưởng gì đến doanh nghiệp

Answers

Che jist ches apoosh

FRY-9C, FRY-14M, FRY-14Q, FRY-2052a, FP&A, CRR

What are these terms exactly mean? How do they work in business? What each term do?

Answers

The terms mentioned above are used in economics and have to do with finance.

What are FRY-9C, FRY-14M, and FRY-14Q?

In order to keep an eye on financial institutions in between on-site inspections, the FR Y-9C is the main analytical tool employed. The form, which is the most frequently requested and scrutinized report at the holding company level, contains more schedules than any other report in the FR Y-9 series.

The FR Y-14M report gathers monthly in-depth information on the loan portfolios of bank holding companies (BHCs), savings and loan holding companies (SLHCs), and intermediate holding companies (IHCs). Three loan- and portfolio-level collections, as well as one in-depth address matching collection, make up the report.

On a quarterly basis, the FR Y-14Q compiles comprehensive information on the various asset classes, capital components, and pre-provision net revenue (PPNR) categories of the bank holding companies (BHC), savings and loan holding companies (SLHCs), and intermediate holding companies (IHC).

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When the Federal Reserve loans less funds to banks and another financial institutions, the quantity of reserves in the banking system
and the money supply

Answers

When the federal reserve loans less funds to banks and other financial institutions, the quantity of reserves in the banking system increases and the money supply decreases.

What happens when federal reserve loans less funds to banks?

This reduction in funds can lead to a decrease in consumer and business spending which can slow the economic growth. Banks may also respond by raising interest rates on loans to compensate for the reduced supply of funds.

This can make it more difficult for consumers and businesses to borrow money which can further depress economic activity. Decrease in the money supply can lead to deflation which is a situation where prices for goods and services decrease over time. This can make it difficult for businesses to make a profit, as they may need to lower prices to compete.

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Deposits of $1,530 each were received for advance tour reservations from 10 school groups. At November 30, all of these
deposits have been earned.

Answers

15,300 would be your answer

Which of the following statements concerning personal umbrella liability insurance is(are) CORRECT?
I. The personal umbrella policy will cover for certain liabilities that typical homeowners and personal automobile policies do not (ie: liable).
II. The personal umbrella policy requires the policyowner to carry certain underlying liability coverages of specified minimum amounts because a claim made under an umbrella policy will pay only after the limits of the underlying policy are exhausted.
I only
II only
Neither I nor II
Both I and II

Answers

The Both statement I "The personal umbrella policy will cover for certain liabilities that typical homeowners and personal automobile policies do not (ie: liable)." and II "The personal umbrella policy requires the policyowner to carry certain underlying liability coverages of specified minimum amounts because a claim made under an umbrella policy will pay only after the limits of the underlying policy are exhausted." are concerning personal umbrella liability insurance. So the option d is correct.

Both statements concerning personal umbrella liability insurance are correct. Statement I is correct because the personal umbrella policy provides additional coverage for liabilities that are not typically covered by homeowners or personal automobile policies, such as libel or slander.

Statement II is correct because the personal umbrella policy requires the policyholder to carry certain underlying liability coverages of specified minimum amounts in order for the umbrella policy to provide coverage. This is because the umbrella policy will pay out only after the limits of the underlying policy have been exhausted.

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Special education is defined as specialized_______

Answers

Special education is defined as specialized "instruction and support designed to meet the unique needs of students with disabilities."

It encompasses a range of educational services, strategies, and interventions tailored to address the diverse learning requirements of individuals with disabilities.

The goal of special education is to ensure that students with disabilities have equal access to educational opportunities and are provided with the necessary tools and accommodations to achieve academic success and personal development.

Special education encompasses various components, such as individualized education plans (IEPs), which outline specific goals and accommodations for each student. It involves the provision of specially trained teachers and support staff who are knowledgeable about the specific needs and challenges of students with disabilities.

It also involves the use of specialized instructional techniques, assistive technologies, and adaptive materials to enhance learning and promote inclusion.

In addition to academic instruction, special education may also address social-emotional development, behavioral management, and independent living skills, depending on the unique needs of the student.

Collaboration among educators, parents, and related service providers is essential to ensure the provision of a comprehensive and individualized special education program that empowers students with disabilities to reach their full potential.

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According to the extract, entrepreneurial activity includes developing and launching new businesses and marketing them, often with the end goal of selling the business to turn a profit. Based on this, indicate a product or service you plan to start a business with. Explain how you generated the business idea and determined the feasibility of the idea.

Answers

Developing a profitable company idea involves imagination, investigation, and cautious preparation.

How business idea is generated and its feasibility

To generate a business idea, consider your interests, skills, and knowledge. Think about problems that you or others face in your daily life and whether there are potential solutions that could be turned into a business. Research the market to see if there is demand for the product or service you are considering and whether there are existing competitors.

To determine the feasibility of your business idea, conduct a thorough analysis of the potential costs and revenue streams. Create a business plan that outlines your goals, marketing strategy, and financial projections. Consider seeking advice from experts in your industry or consulting with a business mentor. It is also important to assess any legal or regulatory requirements that may apply to your business.

Overall, generating a successful business idea requires creativity, research, and careful planning. By considering your interests, skills, and market demand, you can identify a potential product or service that meets a need and has the potential to be profitable. With thorough analysis and planning, you can determine the feasibility of your idea and take steps towards launching a successful business.

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An executive summary should briefly explain everything in a business plan in how many pages?

Answers

Answer:

An executive summary should be one to two pages in length.

Explanation:

what is the minimum wage for SA

Answers

the new National Minimum Wage for South Africa has been made public by the Department of Employment and Labour. Starting on March 1st, 2023, the current minimum wage of R23,19 per hour will increase to R25,42 per hour (an increase of around 9,6%).

The minimal amount of compensation that an employer is compelled to pay wage earners for the job completed during a particular period, which cannot be reduced by a collective agreement or an individual contract, is referred to as the "minimum wage."The South African government may impose penalties on employers who fail to pay the minimum wage. If a defined weekly wage is used, the monthly wage is multiplied by 4.33. If an hourly rate is specified, it is computed as 4.33 times the weekly average.

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"Group Think" happens when
everyone agrees with the same
thought.
True or false

Answers

It is a phenomenon that can lead to poor decision-making True.

What is group think?

Group think is a phenomenon in which a group of people, influenced by their desire for consensus, make irrational or poor decisions. It often occurs when group members are unwilling or unable to express their individual opinions, or when group members feel pressure from an authority figure to come to an agreement. Group think can lead to poor decision-making, as group members may ignore potential problems or negative information that could be beneficial to the decision-making process. Additionally, group think can lead to conformity among members, making it difficult for them to think outside the box and come up with creative solutions.

Group Think can lead to poor decision-making because it eliminates any divergence of opinion, leading to conformity and the absence of critical thought. This can lead to an inability to objectively evaluate the risks and benefits involved in a decision, as well as a lack of creativity and innovation. Additionally, group think can lead to a lack of accountability, as members of a group may be less likely to challenge decisions or provide constructive criticism.

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the graph at right shows the situation after the u.s. removes a tariff on imports of canned tuna.
A. C.
B. A+B+C+D.
C. A.
D. B+C+D.
Which area shows the loss in producer surplus?
A. B+C+D.
B. A+B.
C. A.
D. A+B+C+D.
Which area shows the loss in government tariff revenue?
A. A.
B. C.
C. A+B+C+D.
D. B+C+D.
Which areas show the reduction in deadweight loss?
A. B+C+D.

the graph at right shows the situation after the u.s. removes a tariff on imports of canned tuna.A. C.B.

Answers

The graph that shows the situation when the U.S. removes a tariff on imports of canned tuna shows that the gain in consumer surplus is B. A+B+C+D.

The area which shows the loss of producer surplus is  C. A.

The area which shows the loss in government tariff revenue is B. C.

The area showing a reduction in deadweight loss is B+D.

What happens when a tariffs are lifted ?

When a tariff is lifted, the price of the good or service usually decreases, which increases consumer surplus. Consumers are able to purchase the same goods and services for a lower price, which results in a larger consumer surplus.

The price of the good or service usually decreases, which decreases producer surplus. Producers receive a lower price for the same goods and services, which results in a smaller producer surplus.

The government no longer receives revenue from that tax. Therefore, government revenue decreases when a tariff is lifted. The market becomes more efficient as the price of the good or service decreases, this leads to a decrease in deadweight loss.

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. What dangers do entrepreneurs face when they court equity investors to provide capital to finance their companies’

Answers

Answer:

Most entrepreneurs are risk-takers by nature, or at minimum calculated visionaries with a clear plan of action to launch a new product or service to fill a gap in the industry. On a personal level, many entrepreneurs take big risks to leave stable jobs to throw their efforts (and sometimes their own money) into launching a business.

Explanation:

For entrepreneurs, there is no guaranteed monthly income, no guarantee of success, and spending time with family and friends can be a challenge in the early days of launching a company. Here are some of the most common risks that every entrepreneur and investor should evaluate and minimize before starting a business.

10 problems Faced by Entrepreneurs in India While starting their business

Financing.

Lack of Planning.

Hiring the right talent.

Effective marketing within a limited budget.

Self-doubt and uncertainty.

Dealing with criticism.

Attractive Customers.

Making Decisions.


Week 5 Rachel is a financial investor who actively buys and sells in the securities market. Now she has a portfolio of all blue chips, including: $13,500 of Share A, $7,600 of Share B, $14,700 of Share C, and $5,500 of Share D. Required:
a) Compute the weights of the assets in Rachel’s portfolio? (2 marks)
b) If Rachel’s portfolio has provided her with returns of 9.7%, 12.4%, -5.5% and 17.2% over the past four years, respectively, calculate the geometric average return of the portfolio for this period. (2 marks)
c) Assume that expected return of the stock A in Rachel’s portfolio is 13.6% this year. The risk premium on the stocks of the same industry are 4.8%, betas of these stocks is 1.5 and the inflation rate was 2.7%. Calculate the risk-free rate of return using Capital Market Asset Pricing Model (CAPM). (2 marks)
i need onlu part d)
d) Following is forecast for economic situation and Rachel’s portfolio returns next year, calculate the expected return, variance, and standard deviation of the portfolio. (4 marks)


Required: step by step explanation with formula please

Answers

Answer: The answer is provided below

Explanation:

The weights of assest in Rachel's portfolio: = amount in each stock ÷ sum of the amounts invested in all stocks.

Share Amount Weight

A. 13500. 0.33

B. 7600. 0.18

C. 14700. 0.36

D. 5500. 0.13

Total 41300

Note that weight = amount/total

Geometric average return of a portfolio:

((1+R1)×(1+R2)×(1+R3)....×(1+Rn))^(1/n) - 1

where,

R1= return of period 1

Rn= return in nth period

Hence, the geometric average return of Rachel's portfolio will be:

((1+9.7%)×(1+12.4%)×(1-5.5%)×(1+17.2%))^(1/4) - 1

= 8.10 % (approximately) per year.

Using the nominal rate of return which includes inflation:

CAPM: Required return will be:

= Risk free return + (Risk premium × Beta)

13.6 = Risk free return + (4.8 × 1.5)

13.6 = Risk free return + 7.2

Risk free return = 13.6 - 7.2

= 6.4% which is not inflation adjusted)

The inflation adjusted rate of return will be:

= (1+return)/(1+inflation rate))-1

= ((1+13.6%)/(1+2.7%))-1

= 10.61%

Using CAPM:

10.61= Risk free return + (4.8 × 1.5)

10.61 = Risk free return + 7.2

Risk free return = 10.61 - 7.2

Risk free return = 3.41% (at real rates)

In practice, the use of inflation adjusted return i.e the real rate of return which is 10.61% is better as it puts forth a long term perspective on how a stock is performing.

Lanyards that have no shock-absorbing features are used for _____. Group of answer choices climbing ladders workers under 150 pounds positioning working on scaffolds

Answers

Answer:

Positioning

Explanation:

In simple words, A positioning gadget system includes a positioning lanyard. The employee is supported by this system on a raised vertical surface, such as a wall or pole. This allows people to work while leaning without having to use their hands. The lanyard ties the individual to a place in ahead of their physique that serves as an anchor point.

You have been hired as an executive for a struggling movie studio. Profits are diminishing, Internet technology has changed the film distribution model, and the studio's promising sequel projects have all under performed. Together, what do these developments represent in Kotter's 8-Stage Model?
A.They make up a new strategic vision
B. They make up an urgent need for change
C. They make up a group of short-term goals
D. They make up a change in organizational culture

Answers

B. They make up an urgent need for change. The developments mentioned in the given scenario represent an urgent need for change in Kotter's 8-Stage Model.  

What is Kotter's 8-Stage Model? Kotter's 8-Stage Model is an organizational change management model that assists organizations in navigating the complexities of organizational transformation. Kotter's 8-Stage Model is a method for managing change in an organization in a structured and strategic manner. The Eight-Stage Model of Kotter involves the following stages:

Establishing a sense of urgency Creating a guiding coalition Developing a vision and the change vision Empowering others to act on the vision Creating short-term wins Consolidating gains and producing more change Anchoring new approaches in the organization Explanation: The given developments represent an urgent need for change in Kotter's 8-Stage Model.

These developments include profits are diminishing, internet technology has changed the film distribution model, and the studio's promising sequel projects have all underperformed. These developments represent the first stage of Kotter's 8-Stage Model, i.e., establishing a sense of urgency.

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Teamwork Skills
And what you can learn from it
In in skill In
life

Answers

Some team work skills are
Communication.
Time management.
Problem-solving.
Listening.
Critical thinking.
Collaboration.
Leadership.
And you can learn how to respectfully and confidently express their ideas and opinions effectively in a group setting.

why business is considered as an important economic activity​

Answers

Answer:

The main aim for economic activities is production of goods and making sure that it reaches the end consumer. Therefore business is considered an economic activity because it ensures production, sale, distribution of goods and services in order to satisfy consumer wants, with the purpose of making good profits

Explanation:

ok

Search to find any summary about the company that mentions funds for starting the business.
Look to see what kinds of products or services will be involved with the business.

Step 2. Search to find any summary about the company that mentions funds for starting the business. Try to find any information containing employee data in this section. Step 3. Find the section where the product or service is detailed. Look to see what kinds of products or services will be involved with the business. Compare this with what other similar business plans are offering.

Record the information you found for steps 2 and 3. Make sure you discuss how the company got money to start the business, employee data, and what products or services the company provides in comparison with what other similar business plans are offering.

Answers

After conducting research on the internet, a summary about a company that mentions funds for starting the business, employee data, and products or services that the company provides compared to other similar business plans has been found.

The company’s name is K-12 Business Education Services and they specialize in providing online business courses to K-12 schools. Their courses are designed to help students learn about business principles such as marketing, finance, accounting, and entrepreneurship. The company’s business plan indicates that they have received funding from several sources including angel investors, venture capitalists, and bank loans. They also have a team of experienced employees who have been in the business education industry for many years. According to the company’s website, they offer a wide range of courses that are designed to be engaging and interactive. Students can learn at their own pace and can complete their coursework from anywhere with an internet connection. The courses are also designed to be affordable, which makes them accessible to a wider range of students. In comparison to other similar business plans, K-12 Business Education Services is unique in that they offer a comprehensive range of courses that are designed specifically for K-12 students. Other similar business plans tend to focus on providing courses for adult learners or students who are already enrolled in college. Additionally, K-12 Business Education Services has received funding from several sources, which indicates that they are a promising start-up that has the potential to grow and expand in the future.

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If on November 26,2017, The Dow Jones industrial average closed at 12,743.40, which was down 237.44 that day. what was the return (in percent) of stock market that day?

Answers

Answer:

-1.83%

Explanation:

The closing price was 12,743.40, which was down by .

it means that the opening price was

$12,743.40 +  $237.44 = $12,980.44.

The percentage return will be the

return/ original price x 100

=- - 237.44/12,980.44 x 100

=  - 0.018291574 x 100

=  - 1.83%


Market research concerns what aspects of your target market:
a) Characteristics
b) Spending habits
c) Location and needs
O d) All of the above

Answers

Answer:

D--All of the above

Explanation:

Just took the quiz.

Market research concerns characteristics, spending habits, location, and needs of the target market. Therefore, option d is correct.

Market research is a systematic process of gathering, analyzing, and interpreting data about a specific target market to gain insights into its characteristics, preferences, behavior, and needs.

It involves various techniques such as surveys, interviews, observations, and data analysis to understand consumer demographics, psychographics, purchasing behavior, and market trends.

The primary goal of market research is to provide businesses with valuable information to make informed decisions regarding product development, pricing, marketing strategies, and overall market positioning.

It helps identify opportunities, assess competition, mitigate risks, and maximize customer satisfaction and profitability in a dynamic and competitive marketplace.

Therefore, option d is correct.

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Monte Motors sells two different products. Following are the monthly revenues and costs. Product A Sales Quantity: 10,000 units Sales Price per Unit: $6.00 Variable Costs per Unit: $1.25 Product B Sales Quantity: 30,000 Units Sales Price per Unit: $2.50 Variable Costs per Unit: $0.75 Total fixed costs are $200,000. What is the break-even point for this company in units

Answers

Answer:

80,000 units

Explanation:

First, calculate the contribution margin of both products using the following formula

Contribution margin = Selling Price - Variable cost

Product A

CM = $6  - $1.25 = $4.75

Product B

CM = $2.5  - $0.75 = $1.75

Now calculate the Weighted average contribution margin

Weighted average contribution margin = ( $4.75 x 10,000 / ( 10,000 + 30,000 ) ) + ( $1.75 x 30,000 / ( 10,000 + 30,000 ) ) = $1.1875 + $1.3125 = $2.50

Use the following formula to calculate the breakeven point in unit

Breakeven point in unit = Fixed Cost  / Weighted average contribution margin = $200,000 / $2.50 = 80,000 units

a unique individual who has the courage to under take the risk associated with creating, organizing and owning business

Answers

Answer:

The description above defines an  entrepreneur.

Explanation:

According to traditional economics, there are at least four-factor namely:

LandLabourCapitalEntrepreneurship

More recent schools of thought have added information and technology that that list.

The entrepreneur still remains a critical part of the list given that it is responsible for putting together the other factors in such a way that value is given and received at the least cost possible.

Cheers

Goat Milk Ghee as a Healthy Alternative

Answers

Answer:

Im pretty sure it is

Explanation:

beacuse there both made of some kind of milk

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