P7-1: Dime a Dozen Diamonds makes synthetic diamonds by treating carbon. Each diamond can be sold for $170. The materials cost for a synthetic diamond is $110. The fixed costs incurred each year for factory upkeep and administrative expenses are $1,250,000. The machinery costs $1.21 million and is depreciated straight-line over 10 years to a salvage value of zero.
a. What is the accounting break-even level of sales in terms of number of diamonds sold?
b. What is the NPV break-even level of sales assuming a tax rate of 35%, a 10-year project life, and a discount rate of 12%? (Do not round intermediate calculations. Round your final answer to the nearest whole number.)

Answers

Answer 1

In terms of diamond sales dollars, the accounting break-even point is $200,040. We must take into consideration the expenses and income related to generating.

The diamonds in order to determine the accounting break-even level of sales in terms of the quantity of diamonds sold. The annual fixed costs, which include administrative and manufacturing maintenance costs, total $200,000.

The equipment also costs $1 million and depreciates straight-line over ten years to zero salvage value. Accordingly, the machinery's annual depreciation cost is calculated as $1 million divided by 10, or $100,000. The materials cost, which is $40 per diamond, is the variable cost. $100 is the selling price per diamond. To determine the sales level necessary for accounting break-even.

We must determine the point at which total revenue equals total expense in order to determine the accounting break-even level of sales in terms of the number of diamonds sold. Fixed costs and variable costs per diamond make up the total cost.

To know more about Break even visit:

https://brainly.com/question/30608419

#SPJ4


Related Questions

Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers? Select two answers.

Answers

Answer:

Option 1 and 2

Explanation:

Complete Question

Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers?

CHECK ALL THAT APPLY.

High school athletes stop shopping there. The inventory of sports socks goes unsold. Publicity for the store declines. Profits decline because dress shoes cost less than sneakers

Solution

Sole Sister Shoe Store chooses to sell dress shoes over sneakers because  the customers of sneakers stopped shopping from the store. Sneakers are mainly purchased by the high school athletes over any other footwear. Now, they stopped shopping and hence  Sole Sister Shoe Store started selling dress shoes

Also, sports socks' inventory is unsold indicating the reduction in sale of sneakers and hence the Sole Sister Shoe Store started selling dress shoes

Answer:

A - high school athletes stop shopping there.

B - The inventory of sports socks goes unsold.

Explanation:

>.<

The class trip is going to cost each of the fifty
students $130.00. If tax is 5%, what is the total
cost for the entire class?

Answers

Answer:

$6,825.00

Explanation:

50x$130=$6,500.00

$6,500 × 5% = $325.00

$325.+$6,500=6,825.00

15 points In a paragraph of 125 words, explain the importance of market research, being sure to include the four basic steps and the two ways to gather information.

Answers

Answer: Marketing research can give a business a picture of what kinds of new products and services may bring a profit. For products and services already available, marketing research can tell companies whether they are meeting their customers' needs. By researching the answers to specific questions, small-business owners can learn whether they need to change their package design or tweak their delivery methods--and even whether they should consider offering additional services.

Collecting primary research can include:

Interviews (either by telephone or face-to-face)

Surveys (online or by mail)

Questionnaires (online or by mail)

Focus groups gathering a sampling of potential clients or customers and getting their direct feedback

Two ways to gather this information would be asking questions and gathering data from trusted sites or books.

Explanation:

Market research is crucial for businesses to make informed decisions, create products and services that meet the needs of their customers, and stay ahead of the competition. It helps to reduce business risk, improve marketing strategies, and stay up-to-date with the latest market trends.

What is the scope of marketing research?

The areas or components that are examined within marketing research are referred to as their scope. To put it another way, it suggests the domains or contexts in which marketing research can be used. Marketing research actually has an impact on practically every aspect of marketing management.

Market research is the process of gathering and analyzing information about the target market for a product or service. It is a crucial step in the business decision-making process as it helps companies to understand the needs, preferences, and behavior of their target audience.

Market research helps companies identify the needs and preferences of their target audience. This helps companies to create products and services that meet the needs of their customers, leading to increased sales and customer satisfaction.

Learn more about Market Research here:

https://brainly.com/question/30651551

#SPJ3

Is it permissible to make a mark outside the boundary of the field of play?

Answers

Answer:

As an option, eight marks (“optional marks” or “hash marks”) may be added, just outside of the field of play and perpendicular to the perimeter lines, one each at the sideline and the end line, 10-yards from each corner. This is for the benefit of the referees to ensure the proper distance is maintained by defenders when a corner kick is taken.

Explanation:

Why occupation is important

And give me example ​

Answers

Answer:

Every profession is important in its own way. There are many things which we can't do and if someone is doing that for us then respect should automatically come for that profession and for that person. Every profession deserves respect because every one of those people are contributing to the society.

Financial Ratios show the relationship between two or more financial variables Group of answer choices True False

Answers

Answer:

true

Explanation:

Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of 3.54 percent, a par value of $1,000 per bond, matures in 4 years, has a total face value of $3.8 million, and is quoted at 103 percent of face value. The second issue has a coupon rate of 6.10 percent, a par value of $2,000 per bond, matures in 23 years, has a total face value of $8.1 million, and is quoted at 95 percent of face value. Both bonds pay interest semiannually. The company's tax rate is 39 percent. What is the firm's weighted average aftertax cost of debt

Answers

Answer:

3.20%

Explanation:

The firm's weighted average aftertax cost of debt can be determined by first of all determining the before-tax cost of each debt.

Using a financial calculator, the before-tax costs of debt are ascertained as follows:

Bond 1:

N=8(number of semiannual coupons in 4 years)

PMT=17.70  (semiannual coupon=face value*coupon rate/2=$1,000*3.54%/2=$17.70)

PV=-1030(current price=$1000*103%=$1030)

FV=1000(the face value is $1000)

CPT

I/Y=1.37%(the semannual yield, annual yield=1.37%*2=2.74%)

after-tax cost of first debt=2.74%*(1-39%)=1.67%

Bond 2:

N=46(number of semiannual coupons in 23  years)

PMT=30.50 (semiannual coupon=face value*coupon rate/2=$1,000*6.10%/2=$30.50)

PV=-950(current price=$1000*95%=$950)

FV=1000(the face value is $1000)

CPT

I/Y=3.26%%(the semannual yield, annual yield=3.26%%*2=6.52%)

after-tax cost of second debt=6.52%*(1-39%)=3.98%

market value of first debt=$3.8 million*103%=$3,914,000

market value of second debt=$8.1 million*95%=$7,695,000

total market value of debts=$3,914,000+$7,695,000=$11,609,000

firm's weighted average aftertax cost of debt=(1.67%*$3,914,000/$11,609,000)+(3.98%*$7,695,000/$11,609,000)

firm's weighted average aftertax cost of debt=3.20%

Can someone answer this question please please I don’t know how to do it and it’s to tonight please
And please show the work please

Can someone answer this question please please I dont know how to do it and its to tonight please And

Answers

Answer:

1) 5

2) 2

3) 3

4) 3

5) 4

6) 18

7) 8

8) 16

9) 10

10) 33

Explanation:

1) 10/2 = 5

2) 4/2 = 2

3) 6/2 = 3

4) 9/3 = 3

5) 12/2 = 6, 24/6 = 4

6) 6/2 = 3, 6*3 = 18

7) 16/4 = 4, 32/4 = 8

8) 32/8 = 4, 4*4 = 16

9) 20/2 = 10, 1*10 = 10

10) 22/2 = 11, 11*3 = 33

HOPE THIS HELPS! CAN I GET BRAINLIEST PLEASE? THANKS!

In the context of personal information being seen as an economic good, what term relates to the fact that individuals do not know who, how often, or how long their information will be used?.

Answers

In the context of personal information being seen as an economic good, the term that deals with the fact that individuals do not know who, how often, or how long their information will be used is "Information as an economic good".

Understanding Goods is an object that has a form that can be used by the community as a fulfillment of needs. In general, the properties of goods are products that have a form, goods can be resold, goods can be stored, quality aspects can be easily measured, and when used for utility and value of goods can be reduced.

In economic terms, these goods can be divided into two kinds. Namely free goods and economic goods. Economic goods are goods that can be purchased on the basis of the results of human sacrifices.

You can learn more about economic goods here brainly.com/question/17428893

#SPJ4

on january 2, otto corp. entered into a purchase commitment to buy 1,000 units of raw materials for $25 per unit. on january 31, the company purchased 1,000 units when the market price was $24 per unit. otto should

Answers

Debit loss on purchase commitment $1,000; Debit inventory $24,000; Credit cash $25,000.

What does "market pricing" mean?

Market pricing is a tactic used to set prices in accordance with what is currently being paid in the market for identical or comparable goods and services. Businesses are given the chance to establish higher pricing initially before lowering them to match market rates in order to remain competitive while still increasing return on investment.

What distinguishes the market price from the present price?

the market price and the cost price. The cost price is the cost you paid to buy the stock, but the market price is the price it is now trading at. Typically, estimates of value are used to calculate the difference between cost price and market price.

To learn more about Market Price visit:

https://brainly.com/question/13019013

#SPJ4

Which settings would convert the information below into the table below?
Type of Animal Number of Children's Favorite
Whale-12
Tiger → 3
Lion 4
Elephant 6
Monkey 8
Giraffe 2

Which settings would convert the information below into the table below?Type of Animal Number of Children's

Answers

The  settings that would convert the information given above is autofill to content.

What is autofill to content?

Autofill to content refers to a feature in some software applications that automatically fills in or completes a form or field based on previously entered information or data. The goal of autofill to content is to save time and effort by automatically entering information that is likely to be the same for each new form or field.

For example, autofill to content can be used to automatically enter a user's name, address, phone number, and other contact information in a web form. When the user begins typing the first letter of their name or address, the software will suggest the rest of the information based on previous entries, allowing the user to select the correct information from a drop-down list and then automatically fill in the remaining fields.

To learn more about autofill refer

https://brainly.com/question/1178135

#SPJ1

a. What are the organisational policy and procedure requirements to implement an action plan?
b. Must any documentation be maintained or named in a specific way?

Answers

a. Policy and procedure requirements include adherence to information security policies, change management procedures, and incident response protocols.

b. Yes, documentation should be maintained and named according to established naming conventions and file management guidelines.

a. Organizations should have policies in place that outline security practices, such as access controls, data encryption, and incident reporting. Compliance with these policies ensures that security measures are implemented consistently throughout the organization.

It is important to have documented procedures for managing changes to systems, processes, or configurations. These procedures typically include steps for requesting, reviewing, approving, and implementing changes, ensuring that proper controls and testing are in place to minimize risks.

Organizations should have established protocols for responding to security incidents, such as data breaches or cyberattacks. These protocols outline the roles, responsibilities, and actions to be taken during and after an incident, ensuring a coordinated and effective response.

b. Maintaining documentation is crucial for effective implementation and ongoing management of an action plan. It is recommended to maintain documentation in a structured manner and follow established naming conventions and file management guidelines. This ensures consistency, easy retrieval, and efficient collaboration among stakeholders.

Documentation should be appropriately named to reflect its content and purpose, making it easier to locate and reference when needed. Consistent documentation practices also facilitate version control and auditability, enabling organizations to track changes, review past actions, and ensure compliance with internal and external requirements.

Learn more about security policies here:

https://brainly.com/question/31641945

#SPJ11

Ethical standards in business are principles or codes for how a business conducts itself with ___, customers, and the public.

A. Other businesses
B.Employees
C.the government
D.charity organizations

Answers

Answer:

B. Employees

Explanation:

The correct answer is B)Employee’s hope this helps.

11. Vicki believes that community service is a valuable way to spend her time and energy. What is this an example of?
O A. Liability
O B. Net worth
O c. Priority
O D. Value

Answers

The answer is Priority

what is one of the key objectives during contract negotiations? a. obtain a fair and reasonable price. b. negotiate a price under the seller's estimate. c. ensure that all project risks are thoroughly delineated. d. ensure that an effective communications management plan is established

Answers

Negotiate a price under the seller's estimate is one of the key objectives during contract negotiations. Hence, option B is correct.

What is contract negotiations?

Contract negotiation is the process of negotiating a set of legally binding terms for a contract in this example, we'll focus on negotiations between two businesses. Both sides to a negotiation between two businesses want to obtain favorable terms and minimize operational, legal, and financial risk.

A contract negotiator conducts business deals for organizations or individuals by analyzing contract agreements and papers, negotiating terms with clients and consumers, and resolving contract disputes.

Thus, option B is correct.

For more information about contract negotiation, click here:

https://brainly.com/question/28088972

#SPJ1

A systematic process of ensuring that your firm is returned at or near the top of lists of typical search phrases related to your business is?

Answers

Search engine optimization (SEO) is a methodical technique that makes sure your company appears at the top of lists of common search keywords related to your industry or close to it.

What is SEO
Search engine optimization is a method of boosting both the volume and quality of search engine traffic to a website or web page (SEO). SEO emphasises organic traffic over direct or purchased visitors (sometimes called "natural" or "organic" results). Free visitors can be attracted by searching for photographs, videos, news, scholarly publications, and vertical search engines that cater to particular industries. When employed as an online marketing tactic, SEO takes into account a number of variables, such as how search engines function, the computer algorithms that govern how they behave, what people search for, the actual search terms or keywords they enter into search engines, and which search engines their target market prefers.

To learn more about SEO
https://brainly.com/question/25453457
#SPJ4

For this paper, you'll be selecting a market/industry and discussing which market structure applies to it. The basic requirements for this paper are 400-500 words & 1-2 pages.
In this write-up, make sure you:
Compare and contrast your industry to each of the three characteristics of the market structure you chose and explain why the industry fits each of the characteristics of the market structure.
Market Structures are defined by these three criteria:
# of Firms
Similarity of Products
Ease of Entry & Exit
In addition, explain why this industry is an example of market failure.
Then make a conclusion about which type of market structure your industry fits best
Paper Guidance:
An industry is nothing more than a grouping/classification of different types of good/service providers. Many companies that offer a similar product or service are usually grouped into an industry. Sometimes an industry is called a market in economics, although a market can be as large as a whole industry or as small as an individual business, but don't get too stuck on that.
I would suggest starting with a company or business that you're familiar with, then work from there. For example, say you picked McDonald's (this is not the industry but a business within an industry/market), then the industry would be Food Service, or more specifically, Fast-Food. Food Service would be an overarching industry, while Fast-Food would be a sub-industry if you will. Depending on how broad or narrow the market is, will influence what type of market structure it may be.
If you need help finding/picking an industry, then check this list provided by the Bureau of Labor Statistics (BLS): Click Here (Links to an external site.)
You don't have to pick from that list as it is not a comprehensive list and groups many sub-industries together.

Answers

Market structure refers to the degree of competition and the pricing power a firm holds in a given industry. There are four market structures: perfect competition, monopolistic competition, oligopoly, and monopoly, each with distinct characteristics.

For this paper, I will be selecting the coffee industry and discussing which market structure applies to it.The coffee industry has characteristics that resemble both monopolistic competition and oligopoly, but it is more suited to the latter. The following criteria may be utilized to compare and contrast this industry to both of the market structures and determine why the industry fits each of the characteristics of the market structure.# of Firms In an oligopoly, the industry is dominated by a small number of firms. The coffee industry is highly concentrated, with a small number of major firms dominating the industry. Starbucks, Costa Coffee, and Dunkin’ Donuts are among the most popular coffee brands. As a result, the coffee industry in most countries is characterized as an oligopoly.

Similarity of ProductsIn an oligopoly, the products sold by firms are mostly similar, if not identical. The coffee industry provides consumers with a diverse selection of products, which are still largely similar. The products offered by Starbucks, for example, are similar to those offered by Costa Coffee and Dunkin’ Donuts. Therefore, the coffee industry is more oligopolistic than monopolistic competition.Ease of Entry & ExitIn an oligopoly, entry into the industry is difficult due to high barriers to entry. It is difficult to join the coffee industry as a new firm because of the high capital requirements and government regulations. Furthermore, the established firms in the industry have already captured significant market share, making it difficult for new firms to succeed. As a result, the coffee industry is an oligopoly rather than monopolistic competition.

In addition, the coffee industry may be viewed as an example of market failure. There are many externalities associated with the coffee industry, including pollution from the packaging and processing of coffee beans and the exploitation of coffee farmers in developing countries. Furthermore, the industry’s oligopoly nature allows for price fixing, where major coffee companies may be able to control the price of coffee beans for farmers, resulting in artificially low wages for coffee farmers.Based on these criteria, the coffee industry is an oligopoly.

In an oligopoly, the industry is dominated by a small number of firms. The coffee industry is highly concentrated, with a small number of major firms dominating the industry. As a result, the coffee industry is more oligopolistic than monopolistic competition.
to know more about oligopoly
https://brainly.com/question/33105802
#SPJ11

Suppose the government levies a tax on pork producers of $1. 20 per pound. What will be the after-tax equilibrium price and quantity of pork?

Answers

government levies a tax on pork . If the tax on pork producers is $1.20 per pound, the after-tax equilibrium price of pork is $4.56 per pound, and the after-tax equilibrium weight of pork is 268.8 pounds.

The supply and demand curves are affected when a tax is put on a market. In this instance, a $1.20 per pound tax on pork producers will push the supply curve to the left by raising their production costs. Finding the intersection of the new supply curve, S' = S + tax, and the demand curve will yield the new equilibrium price and amount of pork, assuming the demand curve for the meat does not change.

The new supply curve will be Qs = -100 + 50P + 120T, where Qs is the amount provided, P is the price, and T is the tax, if the producers of pork pass the tax on to consumers. Qd = 500 - 50P represents the demand curve. If Qs = Qd, we may determine

learn more about pork here:

https://brainly.com/question/29481124

#SPJ4

The soccer team collected $800 at a car wash fundraiser. They charged $5. 00 for small vehicles and $10. 00 for larger vehicles. The amount collected can be modeled by the equation , where x represents the number of small vehicles and y represents the number of larger vehicles. If the number of larger vehicles washed was 50, how many small vehicles were washed in total?.

Answers

You say $10x50=$500
$800 -$500=$300
$300/$5=60
There were 60 small vehicles washed in total

The purpose of marketing communication is to let people in the target audience know how a company's product or service solves their particular problems better than the competition. In short, it communicates the company's ______________________.

Answers

The purpose of marketing communication is to let people in the target audience know how a company's product or service solves their particular problems better than the competition that in short, it communicates the company's unique selling proposition (USP).

Marketing communication involves various tools and strategies such as advertising, public relations, direct marketing, and social media marketing to convey the USP effectively. By utilizing these tools, a company can create brand awareness, engage with potential customers, and ultimately persuade them to purchase the product or service.

A well-executed marketing communication strategy emphasizes the benefits and competitive advantages of a company's offerings, ensuring that the target audience perceives the brand as the best solution for their needs.

Learn more about marketing communication https://brainly.com/question/30288854

#SPJ11

Why use a credit union rather than a bank?

Answers

Credit unions should be used rather than a bank because credit unions return its profits to their members in the form of cheaper fees, higher savings rates, and lower interest rates on loans.

According to the Credit Union National Association, 130 million Americans are members of credit unions, which are not-for-profit organizations that are owned by their members.

Banks are required to turn a profit for their shareholders, while credit unions are not required to do the same for their members. Instead, they want to charge as little as possible, have the highest possible savings rates, and the lowest possible lending interest rates.

Credit unions are required to keep their membership to a certain "field of membership." This can refer to a place of employment, a school or house of worship, a region, or membership in an association.

To know more about credit unions:

https://brainly.com/question/13557890

#SPJ4

the person who gets a real estate loan by signing a note and mortgage is the:

Answers

The person who gets a real estate loan by signing a note and mortgage is the borrower.

The borrower is typically an individual or entity who is seeking financing to purchase or refinance a piece of property. The note is a legal document that outlines the terms of the loan, including the principal amount, interest rate, repayment schedule, and any other conditions or provisions. The mortgage, on the other hand, is a security instrument that pledges the property as collateral for the loan. By signing both the note and mortgage, the borrower agrees to repay the loan according to the terms set forth in the note and allows the lender to foreclose on the property if the borrower fails to make the payments as agreed.

Learn more about collateral: https://brainly.com/question/28270449

#SPJ11

what is the difference between a subroutine and a function in vba?

Answers

A function in VBA returns a value after performing a calculation or operation on the inputs, while a subroutine is used for code that performs an action or series of actions without returning a value. Both are types of procedures in VBA.

In VBA, a subroutine and a function are both types of procedures, but a function returns a value whereas a subroutine does not. Functions are designed to take inputs, perform a calculation or operation on those inputs, and then return a value, while subroutines are used for code that performs an action or series of actions without returning a value.

Understanding the difference between subroutines and functions in VBA is important for creating effective and efficient code. Knowing when to use each type of procedure can help simplify code and avoid errors.

Learn more about Function in VBA :

https://brainly.com/question/29670993

#SPJ4

sales amount to $774,000, variable costs are 59% of sales, and fixed cost is $120,000. what is the contribution margin ratio?

Answers

The contribution margin ratio is 41%

Sales amount = $774,000,

Variable costs = 59%

Fixed costs = $120,000.

The correlation between contributions and sales is known as the contribution margin ratio. By dividing contribution by sales, one can calculate the contribution margin ratio.

Determining the variable costs -

= Total sales x Variable Cost %

= 774,000 x 59%

= 456,660

Determining the total contribution -

= Sales amount - Variable costs

= 774,000 - 456,660

= 317,340

Calculating the contribution margin ratio -

= Total costs / Total sales

= 317,340/774,000

= 41%

Read more about contribution margin ratio on:

https://brainly.com/question/24170559

#SPJ4

A _____ is a report based on research of compensation rates for workers performing similar jobs in other organizations.

Answers

A Pay-Survey is a report based on research of compensation rates for workers performing similar jobs in other organisations.

When you're finished using your Go ogle account, what should you do to help keep your information secure?

A. Reset your password.
B. Create a new username.
C. Send an e-mail.
D. Sign out.

Answers

Answer:

this is a very st upid question but i would say its D

Explanation:

A does make sense somehow but i dont think you would reset your password everytime you using go ogle

i dont know why B should help at all

C makes no sense at all

When you're finished using your Go-ogle account, you should always sign out to keep your information secure. Thus, option 'D' is the correct option.

How to keep your Go-ogle account safe?

Go-ogle uses the strictest security measures to protect your personal data. The Advanced Protection Program protects individuals with sensitive information and high visibility from deliberate online assaults. Chrome's Safe Browsing shields 4 billion devices from dangerous websites, while Advanced Protection does even more thorough checks before each download. It alerts you to potentially hazardous files and may even stop you from downloading them.

Installations of apps are only permitted from trusted shops, such as the app store run by the company that makes your device. You are frequently prompted to grant access to your Go=ogle Account data, such as your contacts, location, or Drive, when you join up for new apps or services. Go=ogle Accounts have built-in security features that verify more than 1 billion stored passwords daily for breaches.

Learn more about your Go-ogle account, here:

https://brainly.com/question/8495851

#SPJ2

For which of the following products would a salesperson be most likely to use a memorized sales presentation?
a. an interactive video for training salespeople
b. a set of encyclopedias
c. an around-the-world cruise
d. a five-star hotel property

Answers

For a set of encyclopedias, a salesperson would be most likely to use a memorized sales presentation.

Encyclopedias typically have standardized features, benefits, and selling points that can be effectively conveyed through a memorized script. The salesperson can focus on delivering a consistent and persuasive presentation without the need for extensive customization or adaptability to individual customer needs.

Learn more about sales presentation here

https://brainly.com/question/28337509

#SPJ11

For a set of encyclopedias, a salesperson would be most likely to use a memorized sales presentation.

Encyclopedias typically have standardized features, benefits, and selling points that can be effectively conveyed through a memorized script. The salesperson can focus on delivering a consistent and persuasive presentation without the need for extensive customization or adaptability to individual customer needs.

Learn more about sales presentation here

brainly.com/question/28337509

#SPJ11

Extra Sandwiches, a sandwich chain, experiments with offering a free bag of chips with its sandwiches in the South to try out its marketing strategy before adjusting its operations nationwide. Thus, this sandwich chain is in the ________ stage of the product development process.

Answers

If  a sandwich chain, experiments with offering a free bag of chips with its sandwiches. This sandwich chain is in the test marketing stage.

What is test marketing?

Test marketing stage can be defined as the stage that is use to know how good or how bad a product is based on the response of the consumer that have use or tasted a product or based on the feedback received.

Most companies tend to make use of test marketing  create product awareness or to build brand awareness and to know the reaction of potential customers.

Therefore This sandwich chain is in the test marketing stage.

Learn more about test marketing here:https://brainly.com/question/9314688

Alan, an accountant in a law firm, is summarizing his company’s expenses and revenue in the form of an income statement. However, he has been told that the statement is being prepared for the business’s internal audience alone, that is, the firm’s management authorities. Which title should Alan give the income statement?

A.

statement of earnings

B.

statement of profits

C.

profit and loss account

D.

statement of incom

Answers

Answer:

profit and loss account

Explanation:

A profit and loss account  is a financial statement that summarizes the revenues, costs, and expenses incurred by a firm over a given period of time. It is an internal company document that  provide information about how a company was able to generate profit by increasing revenue, reducing costs, or both.

Hence, the title that Alan should give to his document is "Profit and Loss Account"

Answer:

Statement of Earnings

Explanation:

I took the quiz

Select the best answer for the question.
8. Preventing injury and illness to customers and employees is called
O A. safeworkers.
O B. workplace policies.
O C. workplace procedures.
O D. workplace safety.

Answers

Preventing injury and illness to customers and employees is called workplace safety. Hence, option D is correct.

What is workplace safety?

The safety of workers is defined as the provision of a safe working environment, safe tools, safe regulations, and safe processes to protect their health and safety also known as worker safety and occupational health and safety. Worker safety is a major concern for many firms.

The morale of the workforce will increase if worker safety is maintained, and happier employees produce more.

Thus, option D is correct.

For more details about workplace safety, click here:

https://brainly.com/question/28167013

#SPJ1

Other Questions
the online retailer ____ is one of the largest suppliers of cloud services. Relative to men who pursue a long-term mating strategy, men pursuing a short-term mating strategy are predicted to ___________ women who might demand commitment or investment prior to consenting to sex.(a) avoid(b) find sexually attractive(c) pursue(d) find repulsive Given: C= $5.00, P= $2.50, S = $42, K = $40, T = 6 months, r = 5% p.a. a. What would you do to exploit these quotes? (List the transactions.) What would be your riskless arbitrage profit? b. How could you synthetically short-sell stock using only options on the stock and borrowing or lending at the risk-free rate? Would you be better off actually short-selling the stock, or synthetically short-selling it using options? A standard policy of title insurance will provide coverage for which of the followingA. codemnation of the insured propertyB. encroachmentsC. forgeryD. Both B and C the ________ is an important source area for u.s. folk house types. Decide if each statement is true or false. The paper record of a seismic event is called a SEISMOGRAPH. *Your answer An accountant of an audit client made the following statement: It is important to read the notes to financial statements, even though they are presented in technical language and are incomprehensible. Auditors may reduce their exposure to third-party liability by stating some-thing in the notes that contradicts completely what the client has presented in the balance sheet or income statement.Evaluate the above statement and indicatea. Areas of agreement, if any.b. Areas of misconception, incompleteness, or fallacious reasoning included in the statement. why is Carbon found between the region of extreme Positivity and negativity in the periodic table: college questions PLS HELP MEEEEEEEEE :( use synthetic division to divide the polynomial and find p(x) Mary is 21 years old. She buys 50/100/25 liability insurance, and collision andcomprehensive insurance, each with $500 deductibles. What is her total annualpremium? Round to the nearest dollar. Do not state the units. Be sure to show work. Liability InsuranceType Amount Premium25/50 $24050/100 $385100/300 $450Property damage 25 $210 50 $150 100 $140Collision and comprehensive premiums $250 $172 $112$500 $102 $87$750 $85 $52Rating factor Age 17-20 male Female 3.1 1.64 21-24. 2.53. 1.2225-29 1.73 1.0 using laws of logarithims, write the expression below as a asingle logarithimIn x^4-In(x+5) pand he four comers of the hundamentalrectangle of the hyperton. x^2/25 - y^2/100 = 1 Greatyear Tires orders 50 tons of rubber from a Bill, a rubber broker. The broker has a number of rubber plantations that it can deal with but does almost all of its business with Ritchie's Rubber Farm. The delivery of the rubber is due on September 1st. On August 1, a fire destroys Ritchie's Rubber Farm. A Bill's performance is excused due to impossibility of performance. C. Bill's performance is excused if he can show that dealing with another plantation will be extremely difficult and very inconvenient. D. Bill's performance will not be excused if he can get the rubber from another source even if a higher cost cuts his profit margin. 25. When a party intentionally relinquishes a right to enforce a contract, this is called a: A. Let loose agreement. B. Waiver C. Emancipation agreement. D. Surrender. Why do people buy stock/invest in Exxon Mobil Corp. and TeslaInc.?300+ words each please Find the general solution to the given system. X' = (12 -9)X(4 0) you want to implement an access control list in which only the users you specifically authorize have access to the resource. anyone not on the list should be prevented from having access. which of the following methods of access control should the access list use? answerA. implicit allow,explicit denyB. explicit allow, implicit denyC. explicit allow,explicit denyD. implicit allow, implicit deny Why do you think wars happen? Which of the theories or perspectives discussed in the lesson do you think best explains war?What do you think is the biggest cost of war? Why do you think countries continue to fight in spite of the costs?What do you think societies and countries should do to reduce war and violent conflict? If you were in charge of an organization like the UN, what would you do to promote peace?What do you think we should do to reduce terrorist acts around the world?What do you think is the most dangerous terrorist weapon? Why? What effects could it have on people and countries? what government entity is responsible for monitoring the u.s. money supply? When we use impression management?.Please try to make your answer comprehensive and brief and notto exceed 300 words