Question 1 1. The following is Addison Corporation’s contribution format income statement for last month: Sales $1‚000‚000 Less: Variable Expenses $ 700‚000 Contribution Margin $ 300‚000 Less: Fixed Expenses $ 180‚000 Operating Income $ 120‚000 The company has no beginning or ending inventories. A total of 20‚000 units were produced and sold last month. What is the company’s margin of safety in dollars? $400 000 10
Premium Contribution margin Variable cost Operating leverage
sources of longer and more detailed cases include the Deloitte Trueblood cases and cases provided by various other firms. Topical Index of Student Cases INTERMEDIATE ACCOUNTING Case 1: Reporting acquisition and repayment transactions in the Statement of Cash Flows Case 2: Recording a forfeited payment Case 3: Revenue and expense recognition associated extended warranties Case 4: Accounting for “due on demand” note payable Case 5: Purchase of a controlling interest with a greenmail premium
Premium Financial statements Income statement Cash flow
Small Business affected by Financial Crisis The purpose of this research study is to review how small businesses are affected by economic crisis‚ to assess the effects of marketing strategies on business performance and to identify strategies that can help small businesses grow in troubled times. The following 5 literature reviews attempt to demonstrate and support the hypothesis. In a research article by Jeffries (2011) stated how there are four ways to bounce back after a recession. The four
Premium Marketing Small business Business
Ashville North Carolina When you are planning a vacation to Ashville North Carolina‚ there are several things you need to consider and compare before booking your trip. Depending on the season and weather conditions‚ you should plan your lodging accommodations and activities according to the local weather reports during the time you are planning to visit. In the summer season‚ one of the most popular and affordable lodging options in Ashville is camping on the Blue Ridge Parkway. However‚
Premium Storm Wind Tropical cyclone
Paper #3 Tanesha Dennis Professor Butchy ENG105 M03 September 15‚ 2013 “Two Kinds by Amy Tan and “Everything that Rises must converge” by Flannery O’Connor had a lot of comparison and contrast. Between the two short stories they both set logic examples of how life can really be amongst families today. Amy Tan story “Two Kinds” reminds a young reader how parents will do anything for their children to become famous. Where a mother always believed that you could be anything you
Premium Short story
Munirat Kaffo Cralle EN 102 Oct. 31‚ 2013 Rhetorical Paper Compare and Contrast: King vs. Truth A speech‚ or formal address delivered to an audience‚ has many purposes. It can be used to inform people and increase awareness on topics or to teach and demonstrate things. Speeches can also persuade people to make a change and can be entertaining. Martin Luther King’s “I Have a Dream” speech and Sojourner Truth’s”Ain’t I a Woman” speech both appeal to their audience through the art of persuasion through
Premium African American Martin Luther King, Jr.
illegal activity occurs. The first factor an auditor should consider is how the occurrence effects the financial statement and the penalty‚ if any‚ for the issue. The second factor to be considered is the integrity of the management staff and their reaction to the illegal occurrence. The last factor for an auditor to consider when an illegal occurrence happens is the internal controls over the financial reporting. “Smuggling” money into the US can result in fines. “Smuggling” from the Caribbean
Premium Financial statements Balance sheet Economics
Conclusion This Project has been very useful to me because I learned how to prepare cash flow statements and ratio analysis. This has improved my knowledge on financial statements which is very useful in business and commerce ever day. The work I did in this project has helped me to understand the techniques‚ applications and usefulness of financial statements to understand the performance of a particular company or enterprise without much difficulty and also understand how to prepare them in future
Free Economics Financial statements Debt
Compare and Contrast (The Snyper & The Most Dangerous Game) The story The Sniper takes place during the civil war in Dublin‚ where a single sniper waits on a roof top to eliminate any threat from the oposing forces. This story is very tense right from the beginning as soon as he noticed the enemys watching him and a bullet comes close to hitting him. This story’s opening is one that catches your attention and gets you really focused on the story. The Most Dangerous Game on the other hand starts
Premium The Most Dangerous Game
6ds Dear Mr Han ‚ I am writing this letter to explain to you the component of your financial statement‚ this includes the Balance sheet at 31st of March 2011 and the profit and loss account for the year ended in 31st of March 2011 ‚ hope you have a b etter understanding after reading my letter. The Profit and Loss account shows whether your business has made profit or loss ‚ over your financial year. This also shows how much sales you’ve made and how much loss‚ it helps you make decisions
Premium Generally Accepted Accounting Principles