Todrick Company is a merchandising business that sold 1,000 units, generating $450,000 in sales. The beginning merchandise inventory was valued at $30,000, and purchases made during the period amounted to $300,000.
By the end of the period, the ending merchandise inventory was $15,000. Fixed selling expenses were not provided, and fixed administrative expenses totaled $18,000. Variable selling expenses amounted to $22,500, while the variable administrative expenses were not provided either.
The contribution margin for Todrick Company was $90,000, which represents the amount left over after accounting for variable costs to cover fixed costs and generate profit. The net operating income, which is the amount of profit made after considering both variable and fixed expenses, was $27,000.
In order to provide a comprehensive understanding of Todrick Company's financial performance, additional information regarding fixed selling expenses and variable administrative expenses would be required. This data is essential for calculating gross profit, total expenses, and the overall profitability of the company.
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On 3/1/X1 Landlord Co. received a $36,000 cash payment from Renter Co. to pay for a total of 17 months, starting in the current month. How much revenue should Landlord Co. recognize in the year ending 12/31/X1? Round your answer to the nearest penny.
Answer: $21177
Explanation:
First and foremost, we should note that since the revenue that Landlord Co. wants to recognize in the year ending 12/31/X1 will be for a period of 10 months that is, from 1st of March to 31st of December.
Therefore, the revenue that Landlord Co. should recognize in the year ending 12/31/X1 will be:
= $36000 × 10/17
= $21176.471
= $21177
The user growth rate of a social media platform decreased by 15% per month. On January 1, the platform had 20 million users. If growth decreases at 15% each month, how many will it have by year end?
Answer:
2.844835 million current users
Explanation:
20 million x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85
What are some common spreadsheets applications?
USES ( APPLICATIONS) of spreadsheet are;
1) to create budgets : Excel can be used in creation of budget s which is the estimation of revenue as well as expenses which covers specified future period of time.
2)produce graphs and charts: it's application is helpful in creating graphs in mathematics as well as statistics
3 for storing and sorting data: Data sorting can be done using spreadsheet. It involves arrangements of data into an order in order to make analysis of the data easier.
SPREADSHEET APPLICATION
1)Microsoft Excel : This is used in data
crunching , it can handle large data sets.
2)LibreOffice : it's applicable in Calc for a free as well as native spreadsheet app.
4) Smartsheet: is useful when handling
task involving non-spreadsheet and can be used for project management.
5)Quip : it's useful for integration of
spreadsheets into shared documents.
In what type of economy do people officials determine the 3 basic economic questions?
What are three ways to discover how to involved in your chosen career field
Answer:
Research industry information. ...
Find out about professional associations. ...
Research career options using LinkedIn.
DO you like Anne with an E?
Answer:
meh
Explanation:
it's okay. I kind of don't like how they stayed from the book but all the scenes were shot beautifully, and the actors did great. I only watched a few so I cant give more than a "meh" but I do like what I'm seeing so far
most stock exchanges today use electronic trading
review of the nigerian economy
Answer:
amazing
Explanation:
Pete and Shirley are filing a joint return. They have two dependent children. What is the total amount of their exemptions for tax year 2019? A. $0 B. $4,200 C. $8,400 D. $16,800
Answer:
A. $0
Explanation:
The Tax Cuts and Jobs Act eliminated personal exemptions starting 2018. It also increased standard deductions though. For example, the standard deduction for married filing jointly for 2019 was $24,400. This is a significant increase if you consider that the standard deduction for married filing jointly in 2017 was $12,700.
3. Why are people who are unemployed but not looking for work not included in
the unemployment figures? (Hint: think of teenagers)
Need help due TODAY
Answer:
Because they don't keep track on it.
Explanation:
Basically they are just included in it because they don't keep track of it. Hope that helps!
If the country wants to move from its current point and produce 10 more tons of food, it must produce...
O 5 more tons of clothing
O 5 fewer tons of clothing
10 more tons of clothing
O 10 fewer tons of clothing
Here is selected financial statement data regarding a company's property, plant, and equipment. Balance Sheet: Dec. 31, 2018 Dec. 31, 2017 Property, plant, and equipment $ 563,000 $ 294,000 Accumulated depreciation 286,000 237,000 Income Statement: 2018 Depreciation expense $ 105,000 Gain on sale of property, plant, and equipment 26,000 During the year, PPE with a book value of $23,000 were sold. In the statement of cash flows, the investing activities section should show a cash disbursement for "purchases of property, plant, and equipment" for $ _________.
Answer:
$292,000
Explanation:
price of old equipment sold = $26,000 + $23,000 = $49,000 (cash inflow)
new equipment purchased = $563,000 - $294,000 + $23,000 = $292,000 (cash outflow)
cash flow from investing activities:
cash disbursed for purchasing new equipment = ($292,000)
cash received from sale of old equipment = $49,000
net cash flow from investing activities = ($243,000)
Which of the following explains how revenue is determined?
A. The total amount of money brought in by sales.
B. Gross domestic product is calculated.
C. Costs are subtracted from revenues.
D. The maximum level of benefits is figured.
Edit: Its not C
Answer:
A. The total amount of money brought in by sales.
While using a debit card increases the speed and efficiency of business transactions, what effect can this have on a person's money management skills?
The person can set his or her financial goal and this will result in preplanning the funds. This makes the platform an easy target to transact with and more efficient.
What is a financial goal?A financial goal is an objective or plan for handling money. It is a function of how much money you make, spend, save, or invest. Depending on their need for a financial objective, such as pension planning, a person or individual might define their own financial goals.
The person who is a using debit card or a credit card. This would help the person in maintaining their efficiency and a budget. They can even set a limit through which they can be allowed to transit.
Also, they can use ODIs which is overdraft as well as bills receivable. This would increase their efficiency and money management.
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How can the government be both a producer and a consumer in respect to its relationship with business
Answer:
they gonna tinda and be kind to the coatumets
Answer:
they are gonna tinda and be nice to the caotmautes
HELP ME PLEASE!!!
when is it usually best to choose a variable rate home mortgage?
A. if you plan to stay there many years.
B. if you plan to stay there a short time before moving again.
C. if you plan to rent it out.
D. if you plan to have a large family.
Answer:
A...............maybe D
A weekly report for new agents at a vacation sales company is shown in the histogram. A histogram titled Vacation Packages has number of packages sold on the x-axis and number of salespersons on the y-axis. 9 sold 1 to 2 packages; 7 sold 3 to 4; 4 sold 5 to 6; 3 sold 7 to 8; 2 sold 9 to 10; 1 sold 11 to 12; 2 sold 13 to 14; 3 sold 15 to 16. How many of the new agents sold more than 10 vacation packages?
Answer:
6 salespersons
Explanation:
A histogram shows the graphical representation of the distribution of numerical data using bars of different lengths.
From the histogram:
The number of salespersons who sold 11 - 12 packages = 1
The number of salespersons who sold 13 - 14 packages = 2
The number of salespersons who sold 15 - 16 packages = 3
Therefore the new agents who sold more than 10 vacation packages = 1 + 2 + 3 = 6 salespersons
Answer:its 6
Explanation:i took the quiz and i know the answer
Burning of candle is which change?(chemical change or physical change)
Answer:
physical as it is getting smaller, but I would also say chemical as it's changing into melted wax? more of a physical change for me. hope this gelps
Problem 17-1A Comparing costs using ABC with the plantwide overhead rate LO P1, P3, A1, A2
Answer:
$67.50 per hour
Explanation:
Setup Cost = $312,500
Transportation Cost = $10,000
Direct Labor cost $25,500
Modification of machine cost $12,000
Insurance of Factory Premises $28,000
Raw material Cost $118,250
Machine hours = 7,500 hours
labor hours = 3,500 hours
Total manufacturing Overheads = $506,250 / 7,500 = $67.5 per hours
2) On the basis of the calculations you have made, explain which location Saber should
choose.
Answer:
Explanation:
physical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributes
Click this link to view O*NET's Tasks section for Actors.
Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to
O*NET, what are common tasks performed by Actors? Check all that apply.
creating artwork for use in stage sets
collaborating with other actors
working closely with directors, other actors, and playwrights to find the interpretation suited to the role
studying and rehearsing roles from scripts
learning about characters in scripts and their relationships to each other
teaching college classes and training other people how to become actors
Answer: B C D E
Explanation:
Did the assignment
To find the interpretation suited to the role, studying and rehearsing roles from scripts, learning about characters in scripts and their relationships to each other and teaching college classes and training other people how to become actors are common tasks performed by Actors. Hence, options B, C, D and E are correct.
Who is a director of a movie?The directors are the movie's creative leaders. They uphold the artistic vision throughout pre-production and final editing. They are employed by the executive producer or producer, who is ultimately in control of a production.
A film director's responsibilities include reading and editing scripts, overseeing the cast and crew, and putting the final product together. The actors and other crew members will work with you to ensure that the movie ultimately reflects the aesthetic vision for the finished result.
Thus, options B, C, D and E are correct.
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Prepare a report on environmental sanitation. Include the impacts, causes, and prevention methods
Answer and Explanation:
Environmental sanitation is carried out through a series of public investments that seek to promote environmental control in a region. The impacts of this type of sanitation must be positive, since it is through it that a community can present adequate garbage collection, treated water supply, sewage treatment, correct disposal of human waste, cleaning of public roads, basic sanitation, among others . All of this promotes human development, the well-being of the population and environmental preservation.
The causes of environmental sanitation are the need to establish social policies that promote better living conditions and that optimize the health of citizens without degrading the environment.
Understanding the legal ramifications what types of policies should organizations implement when using social media tools for recruitment
Answer:
Social media is a vital tool for online recruitment in the large MNCs now-a-days.
Explanation:
In the recent, there is a trend of recruiting the new professionals through various online platforms and other social media tools.
With social media many legal consideration comes into account. The organizations while handling social media tools for recruitment has to look on various important points while posting their advertisement and collecting the data of the candidates online. There are severe legal ramifications on using social media in a wrong way, so organization have to be ethical while using them.
Firstly, they should respect the privacy of the social media communities.Professionalism and rules of ethics should be applied.They should respect the copyright laws.Besides individuals, who else pays taxes in our country?
Answer:
Aliens?
Explanation:
Explain incentives and opportunity cost. Also give an example of both.
PLEASE ANWSER THIS AS A QUESTION YOU HAVE BEEN GIVING SO I CAN COPY AND PASTE PLEASE.
Answer:
Incentives are the rewards or punishments that shape people's choices. Incentives can be either monetary or non-monetary. When opportunity costs change, incentives change, and people's choices and behavior change. Changes in incentives cause people to change their behavior in predictable ways.
Explanation:
I think that is correct
Which economic system is based on an idea of equality of result; that regardless of how well off somebody starts, all
should be guaranteed an equal success?
O A. Traditional
B. Command
OC. Mixed
D. Market
Answer:
D.Market
Explanation:
A market economy conforms to formal equality of opportunity only if jobs offered by business firms are publicized in advance, so that anyone who might want to apply has a reasonable opportunity to do so.
Which of the following tips can help you avoid electrical
shock from a computer? (Select three answers.)
Unplug the computer before performing maintenance.
| Keep liquids away from the computer.
Open up the computer while it is turned on to see
what's wrong.
D Use only the keyboard and not the mouse when
performing maintenance.
Make sure the computer doesn't have worn out wiring.
Wash the inside of the computer with water to keep it clean.
Theta Inc. uses normal costing and applies overhead based on direct material costs. The predetermined overhead rate for the current year is 250% of direct material costs. During the year, $3,500,000 of direct material costs and $4,000,000 of direct labor costs were incurred. Theta's applied overhead is:
a. $9,375,000.
b. $1,600,000.
c. $8,750,000.
d. $1,400,000.
Answer:
a. $9,375,000.
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Question 2 (1 point)
Kelsi works in a toy manufacturing company assembling small dolls. Her job falls into
the Maintenance, Installation & Repair pathway of the Manufacturing career cluster.
1:) True
2:) False
5. Describe how Chris used networking to his advantage in getting an internship
Witter and signing new clients.
Answer:
is there more information for this question?