Option A and C are correct. Apex is a proprietary programming language. If Apex code executes inside the execute() method of an Apex class when implementing the Batch able interface -
A. The Apex governor limits are reset for each iteration of the execute() method.
C. The Apex governor limits might be higher due to the asynchronous nature of the transaction.
Apex is a proprietary programming language provided by Salesforce for developing custom applications on the Salesforce platform. Apex code is executed in a multitenant environment, where multiple customers share the same resources. To ensure the stability and performance of the platform, Salesforce enforces governor limits on Apex code execution.
Governor limits are a set of rules that limit the number of database transactions, the number of records that can be processed, the amount of memory used, and other resources used by Apex code. These limits help ensure that no single transaction monopolizes shared resources and affects the performance of other transactions.
Developers must design their Apex code to operate within the limits imposed by the Apex governor. If an Apex transaction exceeds a governor limit, it is terminated, and an exception is thrown.
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Consider the life cycle of a product from introduction to maturity to decline. What kind of process (job shop, batch process, or line flow) would be appropriate at stage, and explain why?
Price begins to become competitive during this stage of the product life cycle. As a result, profit margins are reduced. The four phases of a product's life cycle include introduction, growth, maturation, and marketing.
Product life cycles are used by management and marketing experts to help them decide on timetables for advertising, price points, expansion into new product markets, package changes, and other factors. During the maturity stage of the product life cycle, the product's rapid growth in sales begins to slow down, and earnings in the beginning of this stage fall. The product's most noticeable characteristic is the peaking of the sales and profit curves.
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during the marketing meeting, collin noted that keeping price increases small would be essential to keeping customer value high. which section of the marketing plan was collin addressing?
Collin was addressing the pricing section of the marketing plan.
Pricing is a crucial aspect of the marketing plan, as it directly affects customer value. By keeping price increases small, Collin is indicating that he wants to maintain the affordability and accessibility of the company's products or services for its customers.
This will help in keeping customer value high and retaining their loyalty. Additionally, small price increases can also help the company maintain its competitive advantage and increase its market share.
In conclusion, Collin's statement highlights the importance of pricing as a key element in the marketing plan, as it helps to balance the company's revenue goals with the needs and wants of its customers.
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what kind of developers produce games for a particular publisher, but rather than being employed directly by the publisher, they are contracted out to work exclusively with a particular publisher for that period and remain independent?
The answer is second-party developers, they produce games for particular publisher and they are contracted out to work exclusively with a particular publisher for that period and remain independent.
Are publishers paid by game developers?Publishers and developers both work in the video game industry. The distinctions can be a little ambiguous, but in general, game developers create them while game publishers pay for them. Some game developers are owned by publishers, while others operate under a contract and are compensated and supported in exchange for a sizable portion of the game's revenue.
What is the ideal gaming publishing platform?Video games can be published in a variety of methods, including through , CrazyGames, Poki, Steam, and CrazyGames. A another well-liked platform for independent game publishing is itch.io.
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you just sold short 1,200 shares of wetscope, inc., a fledgling software firm, at $82 per share. you cover your short when the price hits $72.50 per share one year later. if the company paid $.37 per share in dividends over this period, what is your rate of return on the investment? assume an initial margin of 50 percent. (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)
Your investment has generated a return of 22.27%.
What is return on investment?The return on investment can be calculated using the formula below: ROI is calculated as Net Profit / Cost of Investment multiplied by 100. The ROI will demonstrate to you how successful your investments are as an investor. If you invest your money in mutual funds, the return on investment (ROI) displays the profit from your mutual fund schemes.
What advantages does calculating return on investment (ROI), which is viewed as a critical performance indicator to assess corporate success, offer?ROI is a performance indicator that is used to assess the success of various investments. ROI calculates the link between the return on an investment and its cost.
Determine the Short Sale Proceeds First
= 1,200 shares x $82= $98,400
The initial margin deposit = $98,400 x (initial marginal rate 50%)
= $49,200
Compute the total Assets = Total Liabilities + Equity
= $98,400 + $49,200
= $147,600
Calculate the price of a shortfall = 1,200 shares x $72.5 = $87,000
To calculate the account equity = Total Assets - Cost of Covering Short
= $147,600 - $87,000 = $60,600
Calculate the cost of dividend coverage = 1,200 shares x ($0.37) = $444
Use the following formula to determine the profit in dollars: Account equity less the original margin deposit less the dividend cost
=$60,600 - $49,200 - $444 = $10,956
= Profit / Initial Margin deposit x 100
= $10,956 / $49,200 x 100
= 22.27%
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what are two pieces of data that are needed in each of the six financial planning areas?
The cash flow forecast, balance sheet, income statement, and statement of stakeholders' equity make up the four financial statements that make up the financial planning.
Financial planning includes both saving, which is the act of setting money aside you'll need in an emergency, and investing, which is the act of setting money aside you'll will require in the long run. These essential components of a financial plan include:
1. Your current financial situation, which will enable you to gauge your current situation.
2. Investment planning can assist you in achieving your goals.
3. Retirement Planning, which aims to enable you to maintain your standard of living once you retire.
4. Tax planning can help prevent paying extra taxes.
5. Protection Planning to protect your cherished ones and way of life
6. Executing an estate plan to safeguard your legacy.
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During the past month, the company purchased 7,000 pounds of direct materials at a cost of $17,500. All of this material was used in the production of 1,300 units of product. Direct labor cost totaled $36,750 for the month. The following variances have been computed: Materials quantity variance..........$1,375 Unfavorable Total materials variance...................$375 Favorable Labor efficiency variance.............$4,000 FavorableRequired: 1. For direct materials: a. Compute the standard quantity allowed for materials for the month's production. b. Compute the standard quantity allowed for materials for the month's production c. Compute the standard quantity of materials allowed per unit of product. 2. For direct labor: a. Compute the actual direct labor cost per hour for the month. b. Compute the labor rate variance.
a. Standard cost of direct materials per pound = $2.50/pound b. Total standard cost of direct materials = $17,500 c. Standard cost of labor direct materials per unit= $13.46/unit
a. Standard cost of direct materials per pound: $17,500/7,000 pounds = $2.50/pound
b. Total standard cost of direct materials: $2.50/pound * 7,000 pounds = $17,500
c. Standard cost of labor direct materials per unit: $17,500/1,300 units = $13.46/unit.
The variance analysis helps the company to identify and analyze the difference between actual performance and planned performance. In this case, the company has calculated the materials quantity variance and the total materials variance, as well as the labor efficiency variance. To determine the standard cost, the company divided the total cost by the total quantity. To calculate the actual direct labor cost per hour, the company divided the total direct labor cost by the number of labor hours. The labor rate variance represents the difference between the actual and standard labor cost per hour multiplied by the actual number of hours worked
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let’s say electronics generates $0.75, and the other types of advertisements generate $0.40. what is the total amount of revenue?
The total amount of revenue generated from electronics and other types of advertisements is $1.15.
This amount is calculated by adding the revenue generated from electronics ($0.75) and the revenue generated from other types of advertisements ($0.40). Therefore, the total revenue generated is $1.15.
Revenue is the total amount of money a business earns from selling goods or services. It is the income a business generates before any expenses are taken out. Revenue is the top line or gross income figure from which costs are subtracted to determine net income. It is also known as sales revenue or income.
Revenue is the lifeblood of a business. It is the money a business earns from its activities and is the basis for calculating profit. Revenue is generated through sales of products or services or through other activities such as interest earned or dividends received.
Revenue is the starting point for calculating a company's profits and losses. It is important to understand the difference between revenue and profit. Revenue is the total amount of money a business earns from its activities, while profit is the amount of money left after subtracting all expenses from revenue.
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Bruce Ibach owns Biotech Fitness Centre, which showed the following selected transactions for the month ended May 31, 2017:
May 1 Purchased new equipment, paying cash of $14,300 and signing a 90-day note payable for the balance of $35,000.
2 Purchased 12 months of insurance to begin May 2; paid $25,800.
3 Completed a fitness contract for a group of clients today and received $6,300.
4 Purchased office supplies on account; $3,900.
6 Returned to the supplier $780 of defective office supplies purchased on May 4.
10 Provided services to a client today on account; $11,800.
15 Paid for the May 4 purchase less the return of May 6.
20 Received payment from the client of May 10.
25 Received cash of $2,800 from a client for work to be done in June.
31 Paid month-end salaries of $50,000.
31 Paid the May telephone bill today; $2,400.
31 Received the May electrical bill today; $3,400. It will be paid on June 15.
Required:
Prepare journal entries for each of the above transactions
The Debit and Credit balance of the transaction will come to $153680.
Debit new equipment and credit cash amount 49300
Debit insurance and credit cash amount $25800
Debit cash and credit contract amount $6300
Debit office supplies and credit bank amount $3900
Debit cash and credit Purchase return amount of $780
Debit bank and credit services amount to $11800
Debit salaries and credit bank amount $50000
Debit telephone bill and credit bank amount of $2400
Debit electricity bill and credit bank amount of $3400
A documented entry for a made or unpaid payment is referred to as a debit. In a ledger account, a debit entry is often made on the left side. So, with a double-entry system, when a transaction happens, one account is debited and another account is credited.
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Which is the most pragmatic way to plan a venture?
pursuing an existing franchise license
Starting a new venture can be an exciting and challenging process, but it is important to have a clear and practical plan in order to increase the chances of success. The most pragmatic way to plan a venture is by using a systematic and structured approach that takes into account various key factors.
The first step in planning a venture is to define the purpose and goals of the venture. This includes determining what problem the venture will solve, what products or services will be offered, and what the target market is. Having clear and measurable goals will help guide the rest of the planning process.
Once the goals have been defined, it is important to conduct market research to better understand the potential customers and competitors in the market. This information can be used to refine the product or service offerings and to develop a marketing and sales strategy.
Another key factor in planning a venture is to create a realistic financial plan. This should include projections for income and expenses, as well as a plan for securing funding if needed.
It is important to have a clear understanding of the costs associated with starting and running the venture, and to make sure that there is enough funding to support the venture in the short and long term.
Finally, it is important to have a risk management plan in place. This involves identifying potential risks and developing strategies to mitigate or avoid them. This can include insuring the venture against potential losses, setting aside funds for unexpected expenses, and developing contingency plans for various scenario.
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a You are 20 years old today. When you turn 62, you want to retire. Starting on your 62nd birthday you want to receive funds from a growing annuity; the first payment would be $60,000 and grow at a rate of 5% per year for a total of 35 payments (including the first one). Your plan is to start saving for this plan on your 24th birthday; your first deposit would be $10,000 and would stay constant for a total of 25 deposits. On your 55th birthday, you calculate the amount of your compounded savings have and need to determine whether you have enough saving or not. On that 55th birthday, do you need to deposit more, or are you over funded and can take money out and still have enough in the account to fund your planned annuity? Assume a discount rate (or rate of return) of 8% for all periods. a For this question, see Retirement Problem in Content. At age 55, do you need to deposit more funds to meet your plan? No; the plan has plenty of funds invested Need more information Not sure yes....a lot!
On that 55th birthday, you don't need to deposit more, as you still have $16476 2.2 in the account to fund your planned annuity.
An annuity is an agreement that you have with an insurance provider that calls for regular payments to be made by the insurer to you, either now or in the coming. Whether its a solitary payment or a group of payments are required to purchase an annuity.
Compounding is the process by which interest is earned on an investment over time, causing your earnings to increase. Your earnings will increase as your assets increase thanks to the power of compounding. The yearly interest rate raised to the number of compound periods minus one, multiplied by the original principal amount, is used to determine compound savings.
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If a 4 percent increase in the price of pepper results in a 1 percent decrease in pepper sales, what is the absolute value of the price elasticity of demand for pepper? Is it elastic or inelastic?
a) 4; elastic
b) 0.25; elastic
c) 4; inelastic
d) 0.25; inelastic
The answer is OPTION A 0.25 elastic. Elasticity refers to an object's or material's ability to return to its original shape after being stretched or compressed.
Because of its elastic property, a rubber regains its shape after a long stretch. When price changes cause a disproportionately small change in quantity demanded, this is referred to as inelastic demand. For example, a good with inelastic demand may see its price return rise by 30% while demand falls by 10%. An elastic demand is one in which the change in quantity demanded as a result of a price change is large. An inelastic demand is one in which the change in quantity demanded as a result of a price change is small.
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what is the 10-year to 3-month term premium
the 10-year to 3-month term premium will be 0.079%. The term premium is the overabundance return that a financial backer gets in harmony from resolving to hold a drawn out bond rather than a progression of more limited term bonds.
The premiums that are the regularly scheduled installments that are finished to pay the inclusion of the insurance contract are less expensive in term life coverage than in real money life coverage as the term just covers the recipients for the period the contract is purchased for instance: a half year. On the off chance that the individual who claims the arrangement passes on in a half year, the insurance agency needs to pay the recipients the capital set in the strategy.
Anyway assuming the individual passes on after the a half year or doesn't bite the dust the insurance agency pay nothing to the buyer of the strategy.
In the money life coverage the individual gets one last installment though the individual lives or passes on as the strategy goes about as a saving arrangement.
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in the month of april 2020 management of dime community bancshares modified 274 loans to borrowers affected by covid-19. the principal amount of these loans was $947,447,000.
Dime Community Bancshares modified 274 loans in April 2020 to assist borrowers affected by the COVID-19 pandemic. The total principal amount of these loans was $947,447,000.
In April 2020, Dime Community Bancshares took action to support borrowers who were impacted by the COVID-19 pandemic. The management of the company modified 274 loans to provide relief to those affected. The total principal amount of these modified loans was $947,447,000. This modification likely included changes such as extending the loan term, reducing the interest rate, or deferring payments. The goal of these modifications was to help borrowers manage their debt during a difficult time and avoid defaulting on their loans.
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robin hood's statement of cash flows contained the following information: cash flows from operating activities in the amount of $30,600 cash flows from investing activities in the amount of $31,600 cash flows from (used by) financing activities in the amount of ($43,400) what was robin hood's change in cash for the period?
Robin Hood's cash balance increased by $15,200 throughout the time period.
Calculating the period's Robin Hood change in cash is as follows: = Cash flow from operating operations + Cash flow from investment activities - Cash utilised in financing activities = $29,400 + $30,400 - $44,600 = $15,200
The rise in Robin Hood change over the time period is $15,200. Cash Balances for Business Deposit & Savings Accounts: The total amount of cash on hand in all Business Deposit & Savings Accounts as of the end of the business day. Cash is listed as a current asset on the balance sheet, which causes it to rise on the debit side and fall on the credit side. Cash will normally be at the top of the current asset section of the balance sheet due to the order of liquidity.
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"the independence of the central bank has meant that it takes the long view and not the short view." is this statement true, false, or uncertain? explain your answer.
Statement "the independence of the central bank has meant that it takes the long view and not the short view." is Uncertain.
The statement that the independence of a central bank leads to a long-term view is a common belief, but it is not universally true.
The level of independence of central banks varies greatly between countries, and their decision-making processes are influenced by many factors, including their mandates, governance structures, and political constraints.
Therefore, it is uncertain whether the independence of a central bank will always result in a long-term perspective or not. It is important to consider the specific context of each central bank and the factors that shape its decision-making processes in order to understand its behavior and the implications of its independence.
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which of the following statements about cash flow diagramming is false? which of the following statements about cash flow diagramming is false? the end of period x is at the same time as the beginning of period x 1. more than one cash flow can take place at the end of a single period. cash flows that take place during the middle of a compounding period are placed on the diagram at the start of that period. cash flows that occur during the same compounding period can be algebraically combined into a single cash flow.
Statements concerning cash flow diagramming are untrue since cash flows that occur in the midst of a compounding period are depicted on the diagram at the beginning of that period. The right response in this case is option C.
Cash flows that take place during the middle of a compounding period are usually shown on the diagram at the point in time at which they occur, rather than at the start of that period.
In a cash flow diagram, the end of period "x" is not necessarily at the same time as the beginning of period "x + 1". Multiple cash flows can take place at the end of a single period. Algebraically, cash flows that happen within the same compounding period can be merged to form a single cash flow.
Complete question:
which of the following statements about cash flow diagramming is false? which of the following statements about cash flow diagramming is false?
A - the end of period x is at the same time as the beginning of period x 1.
B - more than one cash flow can take place at the end of a single period.
C - cash flows that take place during the middle of a compounding period are placed on the diagram at the start of that period.
D - cash flows that occur during the same compounding period can be algebraically combined into a single cash flow.
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research which uses trained observed to watch consumers in their natural environment is called __
Research which uses trained observed to watch consumers in their natural environment is called Ethnography
The systematic investigation of unique cultures is done through the discipline of ethnography. From the perspective of the study's subject, ethnography investigates cultural phenomena. In order to understand how a group of people interpret certain behaviors in a given social setting, ethnography is another type of social research that involves observing how people behave in that setting.
As a method of inquiry, ethnography heavily relies on participant observation, which involves the researcher participating in the environment or with the subjects, if only in a minor way, in order to record in great detail social interaction patterns and participant perspectives in order to comprehend these in their particular local contexts. It was developed in the early twentieth century through social and cultural anthropology,
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frank - the scrum master of the team - wants to send an invitation for the scrum retrospective meeting. how should we proceed?
Frank as a scrum master must proceed by sending a proper email.
The Scrum Master supports the development of the technical discipline and craftsmanship culture that distinguishes successful Agile teams. Frank is the scrum master in the illustrated scenario. Frank needs to send an email to the entire staff that is accurate, succinct, and well-structured. The information ought to have a goal that clarifies the significance of the retrospective meeting and its goal.
The mail must contain information about the meeting's date, time, and duration. An outline of the subjects to be covered during the meeting in an agenda should also be there. Before the meeting, the team members must be prompted to RSVP, confirming their participation and providing any other information they wish to give. logistics, which describe the venue for the meeting and any rules or guidelines for attending. Last but not least, a reminder. The team must receive a reminder email or text message a day or two before the meeting.
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Describe how managers can plan in today's dynamic environment
The first step in achieving goals is planning. Set up rigorous monitoring mechanisms before implementing a strategic plan so you can determine whether it is still effective and relevant over time.
The following methods can be used by managers to properly plan in the changing environment of today:
By putting the ends before the methods. Making it clear how the result may be monitored and how much is anticipated How long after completion can the success be measured.Getting everyone to agree on a position. Concentrating on and choosing the objectives.Ensuring that low expectations don't demoralize.The timeframes of strategic plans can be either lengthy or brief. Short-term plans are made to quickly accomplish immediate goals, whereas longer-term plans direct a company's actions over a period of years. Use a combination of short- and long-term plans to achieve your goals in order to keep your strategic plan current. Set broad, overarching goals for your long-term plans, and then routinely create short-term plans and strategies to aid in achieving those goals. You can adjust and modify your plans quickly enough to stay up with shifting market conditions by using short-term planning to attain long-term goals.
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what is the term called when companies make everything the same but charge extra for certain features to be activated
The term for companies making everything the same but charging extra for certain features to be activated is called "tiered pricing" or "freemium model". Many businesses, particularly in the tech sector, adopt the "tiered pricing" or "freemium model".
A business can draw in an extensive customer base by providing a free or inexpensive service. Then, it can create revenue by selling premium features or upgrades to a select group of consumers who require or appreciate the additional capabilities. This business model enables organizations to generate revenue while continuing to deliver an actual product to a wide group of users.
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the issue management process is important to organizations because it multiple choice is now required by certain government regulations. helps firms to proactively manage a public-facing issue. assists firms in reactively managing a public-facing issue. guides firms in consistently making ethical decisions.
The issue management process is important to organizations because it b) helps firms to proactively manage a public-facing issue.
The issue management process is important to organizations because it helps firms to proactively manage a public-facing issue. By having a structured approach to managing issues, organizations can identify potential issues before they become major problems and take steps to mitigate them.
This can help to protect the organization's reputation and minimize any negative impact on the business. Additionally, an effective issue management process can help organizations to respond quickly and effectively to any public-facing issues that do arise, reducing the risk of further damage to the organization's reputation.
Ultimately, having an effective issue management process in place is key to ensuring that organizations are well-equipped to handle any challenges that may arise and maintain positive relationships with stakeholders.
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The problem management process is important to organizations because it helps them proactively manage a public-facing problem. Correct answer: letter A.
The process provides a framework for identifying, analyzing, and solving problems in a structured way. It also helps companies to develop strategies to prevent or minimize similar problems in the future.
Additionally, the process guides companies to make ethical decisions in a consistent manner, and some government regulations may require organizations to adhere to this process.
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an advertising technique that uses a new kind of technology to communicate its message
an advertising technique that uses a new kind of technology to communicate its message is called Digital advertising.
Digital advertising is a marketing tools used by companies to to promote its brand, product, or service through digital channels. The digital channels can be through, web browsers, social media pages, blogs, apps, or any other form of contact through the Internet. The most important aspect of the digital advertising is internet. Without internet, there is no way advert can be made digitally.
The aim of the digital advertising is for the advert to travel wide as the world is now a global village.
The techniques of the digital advertising are emotional appeal, bandwagon pressuring (AKA bandwagon advertising), endorsements and social proof as well as weasel words.
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zero unemployment is group of answer choices only possible in recessions. not possible. only possible in expansions. the official main goal of macroeconomic policymakers.
Zero unemployment is not possible in any phase of the business cycle, whether it is a recession or expansion. Unemployment is a lagging indicator and tends to decrease during expansions and increase during recessions.
The official main goal of macroeconomic policymakers is to achieve maximum employment and price stability. This means that policymakers aim to maintain an economy with a low and stable rate of inflation and high levels of employment. Zero unemployment is not a feasible or desirable goal for policymakers, as some level of unemployment is considered to be natural and necessary for an economy to function effectively.For example, some level of unemployment is necessary to accommodate changes in the labor market, such as workers transitioning between jobs, and to maintain flexibility in the labor market. Additionally, if unemployment were to fall to zero, it could lead to inflationary pressures, as employers would have to compete for workers, driving up wages and prices.Therefore, while zero unemployment is not possible, macroeconomic policymakers aim to achieve a balance between low unemployment and price stability, through the use of monetary and fiscal policy tools.
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he failure to share bad news within an organization multiple select question. is a characteristic of a high-performing organization. sometimes happens because employees don't want to be blamed when things go wrong. gives top-level officials the impression that things are more positive than they actually are. leads to lower morale within the organization.
Lowers employee morale inside the company, often as a result of workers' reluctance to take blame when something goes wrong, and provides upper-level officials the false idea that things are going well.
Why is business organization crucial?Planning ahead can help you do your task correctly and prevent mistakes that might cost you money. Planning ahead and organizing your work will increase your efficiency and productivity. You may accomplish significant goals and objectives by maintaining good organization and creating successful strategies.
What are an example and an organization?An organizations is a formal gathering of individuals, such as a business, charity, political party, or club. The majority of these specialty schools are run by nonprofit institutions.
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the alpine house, incorporated, is a large retailer of snow skis. the company assembled the information shown below for the quarter ended march 31: amount sales $ 1,276,000 selling price per pair of skis $ 440 variable selling expense per pair of skis $ 49 variable administrative expense per pair of skis $ 17 total fixed selling expense $ 150,000 total fixed administrative expense $ 100,000 beginning merchandise inventory $ 65,000 ending merchandise inventory $ 115,000 merchandise purchases $ 280,000 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?
If the alpine house, incorporated, is a large retailer of snow skis.
1. Traditional income statement for the quarter ended march 31 is $609,600
2. The Contribution Format Income Statement for the Quarter ended March 31 is $839,600.
3. The Contribution Margin per Unit was $374.
How to prepare the Traditional Income Statement?1. Traditional Income Statement for the Quarter ended March 31:
Sales: $1,276,000
Less: Cost of Goods Sold $345,000
($65,000 + $280,000)
Less: Ending Merchandise Inventory $115,000
= Cost of Goods Sold $230,000
Gross Profit $1,046,000
Less: Total Selling Expenses $137,100
( $49 × (1,276,000 / 440))
Fixed Selling Expense $150,000
Total Selling Expenses $287,100
Less: Total Administrative Expenses $49,300
Fixed Administrative Expense $100,000
Total Administrative Expenses $149,300
Net Income $609,600
2. Contribution Format Income Statement for the Quarter ended March 31:
Sales: $1,276,000
Less: Variable Cost of Goods Sold $137,100
( $49 × (1,276,000 / 440))
Variable Administrative Expense per Pair of Skis $17
Total Units Sold (1,276,000 / 440) = 2,900
= $49,300
Total Variable Cost of Goods Sold $186,400
Contribution Margin $1,089,600
Less: Total Fixed Expenses:
Fixed Selling Expense $150,000
Fixed Administrative Expense $100,000
Total Fixed Expenses $250,000
Net Income $839,600
3. Contribution Margin per Unit:
Contribution Margin per Unit = Selling Price per Pair of Skis - (Variable Selling Expense per Pair of Skis + Variable Administrative Expense per Pair of Skis)
Contribution Margin per Unit = $440 - ($49 + $17)
Contribution Margin per Unit= $374
Therefore the Traditional income statement for the quarter ended march 31 is $609,600
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nest company started year 2 with a beginning balance of $7,600 in accounts receivable. during the year, revenue on account amounted to $13,600. the company incurred $3,300 of expenses on account and paid dividends of $530. if the company had an ending balance in accounts receivable of $2,300, how much cash was collected from customers?
If company had an ending balance in the accounts receivable of $2,300, $1,000 cash was collected from the customers.
What is accounts receivable?Accounts receivable, also referred to as AR, is the balance owed to a company for products or services that have been delivered or used but for which customers have not yet made payment. Accounts receivable is the balance sheet term for a current asset. Any amount that customers owe for purchases they made using credit is referred to as AR. The phrase "accounts receivable" refers to any unpaid bills or money that a company is due from clients. The expression refers to accounts that a business is due as a result of providing a good or service. Accounts receivable, or receivables, is another name for the line of credit that a company offers to its clients.
Cash collected= $3300-$2300= $1,000
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what are 2 types of adjusting journal entries commonly made before preparing financial statements? provide examples in your answer.
The 2 types of adjusting journal entries commonly made before preparing financial statements are accruals and deferrals.
The financial statements are those statements which include the record of the financial activity which is performed by the businesses or companies.
The financial statements are audited by the government, accountants and the firms etc. These financial statements also include the tax and investing records.
The example of accruals, if the firms provide the service to consumer in the January month but the payment comes in the end of February month.
The example of deferrals in the when the individual pays their rent payments in the advance to the rent collector.
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sunbeam overstated goodwill on the acquisition of companies in order to create cookie-jar reserves. true
Sunbeam inflated goodwill in company acquisitions to build cookie reserves. False.
The required details for Goodwill in given paragraph
Goodwill is an intangible asset associated with the acquisition of one company by another. It represents the value that an acquiring company can bring to a competitive advantage. Specifically, the definition of goodwill is that portion of the purchase price that is greater than the sum of the fair values of all those included in the acquisition assets acquired and liabilities assumed under the process. A company's name value, brand reputation, loyal customer base, strong customer service, good relationships with employees, and proprietary technology are all aspects of goodwill. This value is why one company may pay more for another. Goodwill is an intangible asset that represents the price of the purchase exceeded by another company. The items included in goodwill are property or intellectual property and brand awareness that are not easily measurable.
Goodwill is calculated by The purchase price of the company is taken and the difference between the fair value of assets and liabilities is deducted.
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The longet ide of a right triangle i 20 inche long. The area of the triangle i 96 quare inche. What are the length of the other two ide?
Answer: The other two sides are both 80 in.
Explanation: The sides of a triangle always add up to make 180, a straight angle. Since you said the longest side, we assume this is an isosceles triangle; therefore, the other two sides are the same length. So,
180-20=160
160 is the remaining length we have after taking away the 20 inches.
160/2=80
Since the other two sides are the same length, we divide 160 by 2 to get an equal amount of length.
omar is considering buying a sports car, but he changes his mind when he realizes that the cost of regular maintenance would be exorbitant. which type of risk kept omar from making the purchase?
Omar was facing financial risk, also known as economic risk.
This type of risk occurs when an individual is uncertain about the future costs associated with a decision, and this uncertainty can negatively impact their financial situation. In this case, Omar was concerned about the high cost of regular maintenance for the sports car, which would have put a strain on his finances.
This type of financial risk is particularly relevant for expensive luxury items, such as sports cars, as the cost of maintenance and repair can be quite significant. As a result, Omar decided to change his mind about making the purchase, as he did not want to take on the risk of incurring such high costs in the future.
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