which of the following give rise to a note receivable? (select all that apply.) multiple select question. a formal, written extension of the credit period to trade customers. loaning money to stockholders. borrowing money from an affiliated company. extension of credit to customers in normal operations with no written agreement. loaning money to an affiliated company.
Answers
The options that give rise to a note receivable are: "A formal, written extension of the credit period to trade customers" and "Extension of credit to customers in normal operations with no written agreement" both give rise to a note receivable."
How we get the options that give rise to a note receivable?A note receivable is a written promise to receive payment from another party, usually with a specified interest rate and a specific payment schedule. The two options that give rise to a note receivable are both related to trade credit.
The first option involves a formal, written agreement to extend the credit period to trade customers, which is a common practice in many industries.
The second option involves extending credit to customers in normal operations without a written agreement, but in this case, a note receivable is created to ensure that payment is received.
The other options listed do not involve the creation of a note receivable. Loaning money to stockholders or an affiliated company would result in a note payable, as the company owes the money to the lender.
Borrowing money from an affiliated company is not related to the creation of a note receivable.
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Related Questions
use the table and proivded and explain the law of diminshing returns
plz help asap
Answers
Answer:
The law of diminishing returns states that at some point, the amount of additional output per amount of additional input decreases more and more as more inputs are used. In other words, at some point the marginal product will continuously decrease with more labor (input).
This is reflected in the table, where marginal product decreases past 2 units of labor. At 2 units, the marginal product is 14. This reduces to 6 at 3 units, and further to 2 with 12 units of labor.
Explanation:
when a company undertakes conscious marketing, what does it focus on? multiple select question. marketplace customers employees quick profits society superior distribution
Answers
When a company undertakes conscious marketing, it focuses on: Market place Customers Society Superior distribution.
Marketing is the process of creating, delivering, promoting, and managing products or services for customers, clients, and society as a whole. It involves a range of activities designed to meet the needs and wants of consumers, while also creating value for the company.Conscious marketing is a holistic approach to marketing that seeks to address the needs and wants of consumers, while also considering the long-term impact of marketing activities on society and the environment.
This approach is based on the idea that marketing should be done in a way that is sustainable, ethical, and socially responsible.Conscious marketing focuses on creating value for all stakeholders, including customers, employees, shareholders, and society as a whole. It seeks to balance the interests of these different groups, while also creating a sustainable business model that can deliver long-term profits and growth.In general, conscious marketing focuses on:Marketplace:
Understanding the needs and wants of customers, as well as the competitive landscape in which the company operates.Customers: Creating products and services that meet the needs and wants of customers, while also delivering value and building long-term relationships.Society: .Superior distribution: Ensuring that products and services are distributed efficiently and effectively, in order to meet customer needs and maximize value for the company.
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reid incorporated received a $90,000 cash payment, of which only $50,000 was taxable income. if reid's marginal tax rate is 40%, compute reid's after-tax cash flow. multiple choice $54,000 $50,000 $30,000 none of these choices are correct.
Answers
Reid's cash flow was $70,000 after taxes ($90,000 in pre-tax cash minus $20,000 in tax on $50,000 in income).
The correct answer is none of these
Who Pays Taxes?Taxes are mandatory payments that citizens or corporations must make to their local, state, or federal government. Tax revenue is used to pay for public projects and programs like Medicare and Social Security as well as infrastructure like roads and schools.
What does it mean to be an excise tax?In the United States, the word "excise" has at least two different meanings: (A) anything tax other than a property tax and capitation (i.e., an excise is indeed an indirect tax in the sense of constitutional law); or (B) a tax that is simply referred to as an excise.
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When a firm markets new securities, a preliminary registration statement must be filed with Group of answer choices the Securities and Exchange Commission. the Federal Deposit Insurance Corporation. the exchange on which the security will be listed. all other companies in the same line of business. the Federal Reserve.
Answers
Answer: the Securities and Exchange Commission.
Explanation:
When a firm markets new securities, the firm must file a preliminary registration statement with the Securities and Exchange Commission.
The mission of the Securities and Exchange Commission is to help protect the investors, and also maintain
an orderly, fair, and an efficient markets. Also, the Securities and Exchange Commission facilitate capital formation.
Property rights are important to a free enterprise system because they:
A. Allow businesses to freely take ideas from competing companies.
B. Protect businesses' freedom to buy and sell products.
C. Encourage businesses to keep prices as low as possible
D. Place regulations on businesses that make dangerous products.
Answers
Protect businesses' freedom to buy and sell products
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Over the course of a customer’s lifetime of reading a weekly
magazine priced at $4 per issue, what is the value of the magazine?
Assume a customer acquisition cost of $12, a retention cost of $0,
pr
Answers
The total number of issues the customer is anticipated to buy, together with the accompanying expenditures, must be taken into account in order to determine the worth of a weekly magazine throughout the course of a customer's lifetime.
Assuming 52 issues per year, let's assume the consumer will be expected to subscribe to the magazine for a total of 5 years, or 260 issues. Given that there is no mention of a customer retention cost, we will treat the $12 client acquisition cost as being equal to $0. By deducting the whole costs from the total money made by the reader, the worth of the magazine may be determined. The revenue in this scenario is calculated by multiplying the price per issue ($4) by the total number of issues. (260). Total revenue: $4 x 260 = $1,040 Total costs = $12 for customer acquisition. Total revenue - total costs equal $1,040 - $12 = $1,028. This is the value of the magazine. As a result, the magazine is worth $1,028 to the purchaser over the course of their lifetime.
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what are some of the possible consequences of financial distress? i) bondholders, who face the prospect of getting only part of their money back, will likely want the company to take additional risks. ii) equity investors would like the company to cut its dividend payments to conserve cash. iii) stockholders would like the firm to shift toward riskier lines of business. iv) stockholders may turn down low-risk, low-return but positive npv projects.
Answers
Financial distress can lead to various consequences for bondholders, equity investors, and stockholders.
i) Bondholders, facing the prospect of partial repayment, may want the company to take additional risks in an attempt to generate higher returns and improve its financial position. This could involve pursuing more aggressive strategies or venturing into uncharted markets.
ii) Equity investors may prefer the company to cut dividend payments to conserve cash. By retaining earnings, the company can use the available funds to pay off debt, reinvest in the business, or manage other financial obligations. This approach can help mitigate the risks associated with financial distress and potentially lead to long-term stability.
iii) Stockholders might want the firm to shift towards riskier lines of business. This move can potentially generate higher returns, making the stock more attractive to investors and increasing its value. However, pursuing riskier ventures can also exacerbate the firm's financial distress if the risks do not pay off.
iv) Stockholders may reject low-risk, low-return but positive NPV projects. Although these projects are expected to generate a positive net present value, they might not provide the necessary returns to help the company recover from financial distress. In such cases, stockholders might prefer the company to focus on high-return projects, even if they entail more significant risks.
In summary, the consequences of financial distress can prompt stakeholders to pursue riskier strategies, conserve cash, or shift business focus to improve the company's financial situation. It is crucial for the company's management to carefully assess these suggestions and make informed decisions that balance risks and potential returns.
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What guides the Development Team on why it is building the Increment?
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The Development Team is guided by the Product Backlog, which is a prioritized list of user stories, features, and requirements that the stakeholders have identified as valuable for the product.
The Development Team works on the highest-priority items first, which are typically those that deliver the most value to the customer or end user. The Increment is built in small iterations, with each iteration adding more functionality and value to the product. The Development Team is constantly evaluating the Increment and making adjustments based on feedback from stakeholders and users, as well as their own experience and expertise. Ultimately, the goal is to build a product that meets the needs and expectations of the stakeholders and end users, while also being technically sound and maintainable over time.
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The ________ curve has a positive slope because as prices of final goods and services rise, prices of inputs rise more slowly.
Answers
Answer:
the supply curve
Explanation:
short run aggregate supply curve bc the prices of final goods and services increases, the input prices increases more slowly
Which of the following statements characterizes the Second Bank of the United States in the 1830s?
a. Its cautious monetary policy pleased bankers, creditors, and East Coast entrepreneurs, who funded economic development.
b. Most Americans welcomed the Second Bank's policy of forcing unsound western banks to close.
c. Eastern entrepreneurs and bankers opposed the Second Bank because it strove to limit their plans for national economic development.
d. Jackson's opponents in Congress knew he opposed the Second Bank and attempted to stall a vote on its charter until he left office.
Answers
The statement that characterizes the Second Bank of the United States in the 1830s is (c) Eastern entrepreneurs and bankers opposed the Second Bank because it strove to limit their plans for national economic development.
The Second Bank of the United States was established in 1816 with a charter from Congress to regulate the nation's money supply and provide stability to the banking system. However, the Bank soon became embroiled in a bitter political struggle over its role in the economy. Many eastern entrepreneurs and bankers supported the Bank, seeing it as a way to promote economic development and protect their investments. However, opponents, led by President Andrew Jackson, saw the Bank as a tool of the wealthy elite that served their interests at the expense of ordinary Americans.
Jackson vetoed a bill to renew the Bank's charter in 1832, and the Bank became a central issue in the 1832 presidential election. Jackson won a decisive victory and immediately began working to undermine the Bank's power. In 1833, he removed the government's deposits from the Bank and placed them in state-chartered banks, which weakened the Bank's ability to control the money supply. The Bank's charter expired in 1836, and it was not re-chartered.
The correct answer is (c) Eastern entrepreneurs and bankers opposed the Second Bank because it strove to limit their plans for national economic development.
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Leslie was feeling overwhelmed by her four kids, ages four, six, eight, and ten, and told them to play outside for a while. the kids decided to go next door and dig up all of mrs. timmons plants next door. leslie can be held liable for _____.
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Leslie can be held liable for failure to supervise her children.
A supervisor, or lead, is the activity name of a lower-stage control role this is based on authority over workers or a place of job. A manager also can be one of the most senior in the body of workers at the place of job, consisting of a professor who oversees a PhD dissertation.
Supervision goals to provide accountability for each the supervisor and supervisee exploring practice and performance. It additionally enhances and provides additional proof for annual performance control and evaluation.
It is instructing, guiding and staring at the subordinates at paintings to make sure that they are running as in step with the plans. The goal of supervision is to make sure that subordinates work correctly and effectively to accomplish the organisational targets.
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Anaiah is currently consuming 20 eggplants and 30 kiwis. His marginal utility per dollar spent on the 20th eggplant is 160 utils and his marginal utility per dollar spent on the 30th kiwi is 190 utils. The price of an eggplant is $3 and the price of a kiwi is also $3. He has $180 to spend.How much is Anaiah currently spending on these goods? $What are the reasons that Anaiah is behaving irrationally? Select all that apply.He is not spending his entire incomeHe is spending too much on kiwisHe is not balancing what he spends on each goodHis marginal utility per dollar spent is not the same for both goods
Answers
He is not spending his entire income and His marginal utility per dollar spent is not the same for both good are the reasons that Anaiah is behaving irrationally. Hence, option A and C are correct.
What is marginal utility?The additional satisfaction a consumer experiences from owning one extra unit of an item or service is known as marginal utility. Economists utilize the idea of marginal utility to estimate the quantity of a good that consumers will buy. Progressive taxation are frequently defended using the law of diminishing marginal utility.
Positive marginal utility, zero marginal utility, and negative marginal utility are the three primary types of marginal utility. When marginal cost is lower, consumers frequently feel higher marginal utility.
Thus, option A and C are correct.
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Which career pathways involve high risk due to exposure to dangers?
Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Intelligence Analysts in the Security and Protective Services pathway
Intelligence Analysts in the Security and Protective Services pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Answers
Answer:
Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.
Explanation:
The career pathways that involve high risk due to exposure to dangers is :
A) Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.
"Career Pathways"The career pathways that involve high risk due to exposure to dangers is:
Firefighters in the Emergency
Firefighters too give an critical part in teaching the open with respect to fire and security.
Instructing fire anticipation and teaching the open on how to reply in crisis circumstances can offer assistance spare lives.
Fire Management pathway
Candidates require a long time of work encounter in law requirement, fire security, or an crisis administration field.
Crisis administration executives ordinarily require a bachelor's degree
Correctional Officers in the Corrections pathway
Corrections officers may do a few or all of the taking after:
supervise prisoners' day by day schedule, which incorporates feast, work and amusement times. screen, evaluate and oversee the conduct and security of detainees watch jail buildings and grounds.
Detention Officers in the Law Enforcement pathway.
A detainment officer forms prisoners, keeps up imprison security, serves dinners, transports detainees, gets and forms detainees into care of educate, looks detainees, and takes charge of individual property and gives detainees with opportunity to call their lawyer or relative.
A Career Pathway traces the positions, compensation, and preparing required to development in an industry.
Thus, the correct answer is A.
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which recommendation is a best practice for effectively using performance planner? create account-level plans that combine all campaigns. use performance planner on an annual basis to forecast the impact of your yearly strategies. divide campaigns with different marketing objectives into individual performance planner plans. set bids and budgets by using last click conversions.
Answers
Separate campaigns with various marketing goals into separate Performance Planner plans.
What is Performance Planner plans?With the aid of the tool Performance Planner, you can plan out your advertising budget and assess the potential impact of campaign adjustments on important performance indicators.
By simulating the ideal budget distribution throughout your campaigns, this tool determines the optimum opportunity for your plan.
With the use of a tool called Performance Planner, you can plan out your advertising budget and determine how tweaks to campaigns may impact important indicators and overall performance.
Access projections for your campaigns with Performance Planner. Investigate results by changing campaign settings.
Validation and simulation are the two options. To make forecasts, the Performance Planner combines account history and machine learning. Projections must be accurate to a certain degree with Ads tools.
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Target's Market Pantry is an example of which of the following brand types?
Private label brand
Generic
Name brand
Corporate brand
Answers
Answer:
Name brand. hope this helps
write a 3-5 page report comparing the above ratios to industry averages. discuss whether your company's profitability, efficiency, liquidity, and solvency are better than, or worse than, its peers.
Answers
The report compares the company's ratios to industry averages and determines if its profitability, efficiency, liquidity, and solvency outperform or underperform peers.
In the report, we analyzed the company's financial ratios, including profitability, efficiency, liquidity, and solvency, and compared them to industry averages. The purpose was to assess whether the company's performance is better or worse than its peers in these key areas.
In terms of profitability, we examined ratios such as gross profit margin, net profit margin, and return on assets. If the company's profitability ratios are higher than industry averages, it indicates better performance in generating profits. Conversely, lower ratios suggest underperformance relative to peers.
For efficiency, we assessed ratios like inventory turnover and receivables turnover. Higher turnover ratios indicate better utilization of assets and efficient operations, while lower ratios suggest room for improvement.
Liquidity ratios such as the current ratio and quick ratio were analyzed to determine the company's ability to meet short-term obligations. If the ratios are higher than industry averages, it signifies better liquidity.
Lastly, solvency ratios like debt-to-equity and interest coverage were examined to assess the company's long-term financial health. Lower debt levels and higher interest coverage ratios indicate stronger solvency compared to industry peers.
Based on the analysis, we will conclude whether the company's profitability, efficiency, liquidity, and solvency are better than or worse than its industry peers, helping stakeholders understand the company's relative financial position.
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ECONOMICS:
Part 1 A demand schedule for the number of records purchased in a recent period is given below. The first column shows the different prices that were charged. The second column shows the quantity demanded at each price. Complete the third column by multiplying the price per record times the number of units demanded. This represents the total receipts collected at each price. DEMAND SCHEDULE FOR RECORDS Price per Record $11.00 $9.00 $7.00 $6.00 $5.00 $4.00 $3.00 $2.00 $1.00 Number of Records Demanded 2 3 4 6 8 10 12 15 18 Total Receipts $22.00
Answers
1. As the price per record decreased, the number of records demanded increased. 2. A small decrease in price results in a relatively larger increase in the quantity demanded, which causes a significant increase in total revenue.
What happened to total quantity of records demanded?As the price fell, the total quantity of records demanded increased. This is reflected in the demand schedule where, as the price per record decreased, the number of records demanded increased.
Demand is elastic over the range of prices from $11.00 to $6.00. This is because the total receipts collected at each price decrease as the price per record decreases, which indicates that the price elasticity of demand is greater than one. In other words, a small decrease in price results in a relatively larger increase in the quantity demanded, which causes a significant increase in total revenue.
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The complete question in text goes thus:
Part 1
A demand schedule for the number of records purchased in a recent period is given below. The first column shows the different prices that were charged. The second column shows the quantity demanded at each price. Complete the third column by multiplying the price per record times the number of units demanded. This represents the total receipts collected at each price. DEMAND SCHEDULE FOR RECORDS Price per Record $11.00 $9.00 $7.00 $6.00 $5.00 $4.00 $3.00 $2.00 $1.00 Number of Records Demanded 2 3 4 6 8 10 12 15 18 Total Receipts $22.00
Part 3
Use the information from the demand schedule in Part 1 and your graph in Part 2 to answer the following questions.
1. As the price fell, what happened to total quantity of records demanded?
2. Over what range of prices is demand elastic? Why?
Diana's gross pay was $890 and her total deductions were $89. What is her net pay?
Answers
Explanation:
Greetings !
Diana's gross payment - Her deductions = Her net payment.
Thus, $890-$89=801$=Net payment of Diana.
Hope it heps!
What are the seven functions of Marketing
Answers
Answer:
Explanation:
i need help on this too
Selling.
Product management.
Pricing.
Marketing information management.
Financing.
Distribution.
Find the amount necessary to fund the given withdrawals. Semiannual withdrawals of $700 for 8 years; interest rate is 6.7% compounded semiannually.
Answers
The amount necessary to fund the given withdrawals of $700 semiannually for 8 years, with an interest rate of 6.7% compounded semiannually, is approximately $14,349.12.
To find the amount necessary to fund the given withdrawals, we can use the formula for the future value of an ordinary annuity:
FV = P * [(1 + r)^n - 1] / r
Where:
FV = Future value (amount necessary to fund the withdrawals)
P = Periodic payment (withdrawal amount)
r = Interest rate per period
n = Number of periods
In this case, the periodic payment is $700, the interest rate is 6.7% (or 0.067) compounded semiannually, and the withdrawals occur semiannually for 8 years (or 16 periods).
Substituting the values into the formula:
FV = $700 * [(1 + 0.067/2)^(2*8) - 1] / (0.067/2)
Calculating this expression:
FV = $700 * [(1.0335)^16 - 1] / 0.0335
FV = $700 * (1.689767 - 1) / 0.0335
FV = $700 * 0.689767 / 0.0335
FV ≈ $14,349.12
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Technician a says that in a worm gear steering system, most excessive steering free play is usually found in the gearbox. technician b says that in a rack-and-pinion steering system, excessive free play can be found in the bushings. who is correct? choose one answer. a. technician a b. technician b c. both technician a and technician b d. neither technician a nor technician b
Answers
Answer:
b. technician b
Explanation:
Worm gear is the arrangement of gear like a worm in the vehicle. It has rack and pinion steering system. This setup provides smooth drive experience to the drivers. The excessive freeplay in such a setup is found in bushings.
If a student identifies "family doesn't have enough money for college" as a barrier to her long-term education goal, which of the following is not a sensible solution?
1. Change long-term career goal to a field that doesn't require college.
2. Research student loans and other grants online
3. Contact the college about scholarship opportunities.
4. Consult a recruiter about ROTC programs or the G.I. Bill.
Answers
Answer:
A.
Explanation:
If a student is facing financial issues for college fees he/she should not be discouraged as the federal government has reformed several financial aids.
The federal government of the United States understand the importance of education for the growth of child and nation as a whole, so they have invested in educational institution to help those students whose parents are unable to pay their college fees.
The unwise idea in such situation is to change long-term career goal. The student should not do this. Rather he/she should inquire about scholarship in their college, search for the grants and student loans, or consult a recruiter.
Therefore, option A is the correct answer.
caden and lydia currently owe $213,482 on their mortgage. if the value of their condominium is $305,600, how much equity do they have in the house?
Answers
Caden and Lydia currently have a mortgage balance of $213,482, meaning that this is the amount that they still owe on their loan. Caden and Lydia have $92,118 in equity in their house.
The value of their condominium is $305,600, which is the current market value of their property. To calculate their equity, we need to subtract the outstanding mortgage balance from the current market value of their condo.
The formula for calculating equity is:
Equity = Current Market Value of Property - Outstanding Mortgage Balance
Substituting the values we have, we get:
Equity = $305,600 - $213,482
Equity = $92,118
Therefore, Caden and Lydia have $92,118 in equity in their house. Equity represents the amount of the property that they own outright, without any debt. It is an important indicator of a property's value and can be used to determine how much a homeowner could potentially sell their property for.
It is important to note that equity can change over time based on a variety of factors, including changes in the housing market, property value, and mortgage payments. As Caden and Lydia continue to pay down their mortgage, their equity will increase, and they will be building more wealth in their home.
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Discuss the role of the father in attachment theory
Answers
Explanation:
Both parents are considered attachment figures in attachment theory, and the child-father attachment is autonomous from the child-mother attachment. Whereas mothers are commonly involved in caregiving and providing emotional refuge, fathers are particularly involved in play and exploratory undertakings.
The difference between an extensive-form game and a simultaneous-move game is that . simultaneous-move games have zero-sum payoffs, but extensive-form games do not in simultaneous-more games players have only two actions to choose from, but in extensive-form games the players can have more than two choices simultaneous-move games have two players, but extensive-form games can have more than two players in extensive-form games the player can observe the other player's action before deciding, but in simultaneous-move they can't
Answers
A simultaneous move game is different from an extensive form game in that moves are made simultaneously in the former and sequentially in the latter.
An explanation of simultaneous move gamessimultaneous move game when players make decisions in a game without knowing what the other players will do, it is referred to as simultaneous-move. Even while it's possible, it doesn't mean that all of the players are definitely acting at the same moment. Rock-paper-scissors is a straightforward example where everyone makes their decision at the same time. Players may move without being aware of the decisions made by other players, therefore moving at precisely the same moment is not always taken literally.
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Need help with this one.
Anton's gross monthly pay is $1,058.00. If his employer withholds 11% for the monthly federal income tax, how much will be deducted from his paycheck?
Group of answer choices
$941.62
$11.00
$116.38
$11.64
Answers
Anton's gross monthly pay is $1,058.00. If his employer withholds 11% for the monthly federal income tax, $116.38 will be deducted from his paycheck.
Define tax?A tax is a mandatory payment or charge levied on individuals or businesses by local, state, and national governments to cover the costs of general government services, goods, and activities.It is derived from the Latin taxare, which means 'to assess'. Previously, English used the related word 'task,' which was derived from Old French.For a time, the terms 'task' and 'tax' were interchangeable, with the first requiring labor and the latter requiring money.The term 'tax' then came to mean something tedious or difficult.Governments levy fees on citizens and businesses to generate revenue, which is then used to meet budgetary demands.This includes financing government and public projects as well as improving the country's business environment to promote economic growth.To learn more about tax refer to:
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i will give brainiest if right please answer, Parker wants to develop new food sources for less-developed countries. He was raised on a farm, but doesn't plan to be a farmer. What kinds of careers should he consider?
Answers
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount Sales $ 1,260,000 Selling price per pair of skis $ 450 Variable selling expense per pair of skis $ 50 Variable administrative expense per pair of skis $ 19 Total fixed selling expense $ 155,000 Total fixed administrative expense $ 105,000 Beginning merchandise inventory $ 70,000 Ending merchandise inventory $ 105,000 Merchandise purchases $ 285,000 Required: 1. Prepare a traditional income statement for the quarter ended March 31. 2. Prepare a contribution format income statement for the quarter ended March 31. 3. What was the contribution margin per unit?
Answers
Answer:idk I’m sorry bud
Explanation:
what type of government action is part of fical policy
