Answer:
Explanation:
In the event that Inventory level is consistent consistently ,it implies starting stock and consummation stock are same in this way Purchase is equivalents to cost of merchandise sold = 1508000
Average accounts payable =[Beginning payable +ending payable ]/2
= [50000+ 54000]/2
= 52000
days' payable outstanding = 365 *Average accounts payable /cost of goods sold
= 365 * 52000/1508000
= 12.59 days
The days payable exceptional estimates normal number of time organization takes to pay to its providers .in the given circumstance LandyCorporation have 30 days of time to pay to its provider anyway the equivalent is paid withing 13 days (approx) it implies LandyCorporation can't utilize credit office accessible (convey assets ).
Answer:
b. are selling costs and administrative costs.
Explanation:
A period cost consists of cost that do not fall under the category of fixed assets, payments in advance, or inventory. It is not that related to transactional event but highly related to the passage of time. A period cost is therefore recorded in the income statement as part of the selling and administrative expenses.
Some of the examples of period costs are utilities, rent, office supplies, stationery, depreciation of office equipment and others which are categorized as selling costs and administrative expenses.
Answer:
Break-even Sales revenue =$220,600
Explanation:
<em>B</em><em>reakeven point is the level of activity that equates the total cost to the total revenue.</em>
<em>At the break-even point the business makes no profit and no loss</em>.
Break-even point = Total fixed cost for the period / Contribution margin ratio
<em>Contribution margin = total contribution/ total sales</em>
<em>Contribution = Fixed cost + profit</em>
Contribution = $42,028 + $83,828
= $125,856.00
<em>Contribution to sales ratio</em>
= (125,856.00 /331, 200) × 100
= 38%
Break-even sales revenue = $83,828/0.38
=$220,600
The following is not an allowance provided to expatriates is eldercare allowance. Thus option d is correct.
<h3>
What are expatriates?</h3>
Expatriates are defined as a person who temporarily or for job purposes resides and/or works outside of their country of citizenship.
It can also be defined as a person who relocated permanently or for an extended length of time from their place of origin to another country.
Allowance is defined as a set sum of money provided by employers to staff members to cover costs above and beyond basic pay.
It can also be defined as a quantity that is allowed or permitted in accordance with a set of guidelines or for a specific reason.
Thus, the following is not an allowance provided to expatriates is eldercare allowance. Thus option d is correct.
To learn more about expatriates, refer to the link below:
brainly.com/question/14569095
#SPJ1
Answer:
1.37
Explanation:
Given that
Operating income = $45,900
Variable expenses = 10%
Fixed expenses = $17,100
The calculation of operating income is shown below:-
Contribution margin = Operating income + Fixed expenses
= $45,900 + $17,100
= $63,000
So, Operating leverage = Contribution margin ÷ Operating income
= $63,000 ÷ $45,900
= 1.37