Answer:
Explanation:
Before passing the journal entry, first, we have to compute the total supplies consumed. The formula to compute the total supplies consumed is shown below:
= Beginning balance of supplies + Purchase of supplies - ending balance if supplies
= $450+ $3,400 - $900
= $2,950
Now the journal entry would be
Supplies expense A/c Dr $2,950
To Supplies A/c $2,950
(Being supplies consumed recorded)
Answer:
1.- The operating income would <u>increase </u>for $680
2.- The operating income would <u>decrease</u> for $680
3.- The Operating Income would be $59,500
Explanation:
We are going to use the contribution margin per unit
<u>This way we avoid most of the calculations</u>
1.- Contribution Margin x ΔUnits = ΔOperating Income
CM per units 17 x 40 = <em>680</em>
<em />
2.- Contribution Margin x ∨Units = ∨perating Income
CM per unit x (-40) = <em>-680</em>
<em />
3.- Contribution Margin x Sales Volume - Fixed Cost = Operating Income
17 x 6,800 - 55,700
115.600 - 55,700 =<em> 59,900</em>
Answer:
retaining cultural independence of the businesses, individual brands and operating differences encouraging knowledge-sharing and collaborative activity among the businesses.
Explanation:
When Disney purchased Marvel they were probably searching for synergy which means that their combined effort is larger than the addition of their individual efforts. Synergy is achieved through sharing resources and allocating them more effectively, not by separating the companies.
Answer:
identifying changes in investing-related accounts
reporting the cash flow effects
explaining the changes using T-accounts and reconstructed entries
Explanation:
In analysing cash flows in a business there are 3 types of cash flow: from operating activities, from investing activities, and from financing activities.
Cash flow from investing activities involves cash used for various investments over a particular period.
This can include purchase of property, equipment, acquisition of other businesses, and investment in marketable securities.
The three-step analysis to determine cash for investing activities includes:
- monitoring changes that occurs in investment related accounts
- reporting of cash flow as it relates to investment
- use of T accounts and reconstructed entries to explain changes in cash flow
I think the only reason that Im willing to supply the most bicycle at the higher price depends on the demand and the competition, if the competition has low and the demand is high, I would sell it in high price. I hope you are satisfied with my answer and feel free to ask for more if you have question and further clarifications
