Business, 07.04.2020 20:26, MichaelM416
Bloomfield Stores reported sales revenues of $675,000, a total contribution margin of $262,500, and fixed costs of $260,000. If sales volume amounted to 7,500 units, the company's variable cost per unit must have been:
Answers: 3
Business, 22.06.2019 11:00, smartie80
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
Answers: 1
Business, 22.06.2019 23:10, katrinanuez
Which investment has the liquidity and can be converted into cash easily?
Answers: 2
Business, 22.06.2019 23:30, katiebaby4109
Sole proprietorships produce more goods and services than does any other form of business organization.
Answers: 2
Business, 23.06.2019 03:00, marvin07
On december 31, 2016, the decarreau, andrew, and bui partnership had the following fiscal year-end balance sheet: cash $10,000accounts receivable $20,000inventory $25,000plant assets - net $30,000loan to decarreau $18,000total assets $103,000accounts payable $14,000loan from bui $15,000decarreaua, capital (20%) $32,000andrew, capital (10%) $23,000bui, capital (70%) $19,000total liab./equity $103,000the percentages shown are the residual profit and loss sharing ratios. the partners dissolved the partnership on january 1, 2017, and began the liquidation process. during july the following events occurred: * receivables of $18,000 were collected.* all inventory was sold for $15,000.*all available cash was distributed on january 31, except for$8,000 that was set aside for contingent expenses. the book value of the partnership equity (i. e., total equity of the partners) on december 31, 2016 isa. $58,000b. $71,000c. $66,000d. $81,000
Answers: 1
Bloomfield Stores reported sales revenues of $675,000, a total contribution margin of $262,500, and...
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