You have just started a program of selling gift certificates at your store. In the first month, you sold $7,000 worth and customers redeemed $2,300 of these certificates for merchandise. Your average gross profit percentage is 38%. What should you report as gift certificate revenue, and how much gross margin related to the gift certificates will appear in the income statement?
The duct system shown is one branch of a complete low-velocity air distribution system. The system is a perimeter type, located below the finished floor. The diffuser boo...Jun 15 2020
The net income of Green plc is £65,000. The company has 25,000 shares outstanding and pays out all of its income as cash dividends. Green has an expected firm value of £1...Aug 31 2020
It will cost $3,000 to acquire a small ice cream cart. Cart sales are expected to be $1,400 a year for three years. After the three years, the cart is expected to be wort...Dec 04 2019
Explain in one paragraph what Peter Manuel understands for Creolization and why some Caribbean countries’ cultural production are considered more “creolized” that othersMar 24 2020
Company X has the following bonds outstanding: Initially, both bonds sold at $1,000 with yields to maturity of 8 percent. a) After two years, the interest rate on compa...Apr 01 2020
1.What are the common pitfalls while implementing organizational change? Discuss in detail.2.How is organizational change different from organizational development? Discu...May 16 2020
Bountiful Manufacturing produces two types of bike frames (Frame X and Frame Y). Frame X passes through four processes: cutting, welding, polishing, and painting. Frame Y...May 30 2020
his problem will introduce the learner into a technique called Analysis of Variance. For this course we will only conduct a simple One-Way ANOVA and touch briefly on the ...Aug 04 2020
A manufacturer of colored candies states that 13% of the candies in a bag should be brown, 14% yellow, 13% red, 24% blue, 20% orange, and 16% green. A student randomly se...Apr 08 2020
Harris Manufacturing produces white sauce. It uses units as the cost driver for overhead. The following information was provided concerning its standard cost system for 2...Jan 24 2020
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