Answer:
-$20,000
Explanation:
In the income statement, total revenue and total expenditures are reported.
If the total income is more than the total expenditure, then the company would gain net income And if the total income is less than the total expenditure, then the company will have a net loss This net income or net loss would be expressed in the statement of retained earning
The computation of the net income is shown below:
= Total sales - total costs of goods sold - administrative and sales costs
= $480,000 - $400,000 - $100,000
= -$20,000
Bobby is the person on the team who receives the lowest customer service ratings. This problem can be solved by using a simple logic of a sentence sequence. In this sequence, Bobby has never outperformed anyone and Hector has outperformed everybody in the statement. Therefore, we can conclude that Bobby has the lowest rating of all.
Answer:
Thinking on the margin will ensure that each pair of inserts produced is turning a profit. Once a profit is no longer being made on a pair of inserts, production must be cut back. Understanding these margins will also help me stay competitive in a market that is open to other producers. If additional producers enter the market, I know that I have the ability to lower prices or offer discounts while still maximizing profits.
Explanation:
Answer:
E. shareholders from the excesses and failed oversight of firms.
Explanation:
The Sarbanes-Oxley Act of 2002 was designed to protect investors and shareholders from accounting frauds, misguided financial statements and intentional errors by improving accuracy and reliability of company's accounts. This act was created in response to financial scandals and frauds that took place before 2002. Public corporations are required to comply with the Laws and regulations in the Sarbanes-Oxley Act.
Answer:
C. the production order quantity model does not require the assumption of instantaneous delivery.
Explanation:
EOQ refers to Economic Order Quantity method, this method particularly aims at 0 extra inventory in hand and keeping the total inventory in hand which is needed and then there is n assumption that the goods shall be delivered instantly.
Under the production order quantity model the model is made to calculate the quantity to be ordered for meeting the demand of production units.
This aims at the minimum order quantity to be delivered to meet the production needs.