Accounting

Question 1 (3 Marks) North Company sells a single product. The product has a selling price of $30 per unit and variable expenses are 70% of sales. If the company’s fixed expenses total $90,000 per year, then what will be its break-even point for sales? The corporate tax rate is 30%. A. $90,000. $300,000. C. […]

QUESTION Q1. In January 2023, ABC Sole Proprietorship Conducted the Following Transactions (Amounts in Saudi Riyal) Owner paid the capital for 5,000,000 in cash. It purchased equipment for 500,000 in cash. It purchased inventory for 2,000,000 in cash. It Sold inventory for 1,000,000 in cash. It Sold inventory for 200,000 on credit. It paid salaries […]

QUESTION Go to the Finance website of Yahoo.com (http://www.finance.yahoo.com). Next, select one (1) company and find the Recommendation Rating by Analysts for this company. You will then examine the most recent annual report for the same company located at the Securities and Exchange Commission website, https://www.sec.gov/edgar/searchedgar/companysearch.html, for information disclosed that supports the analysts’ recommendations. Within […]

Air Purifiers In recent years, offices, industrial workstations and even homes have adopted the use of Air purifiers for the ventilation systems. Hence, there is a high demand for these particular products and the company can fully take advantage of the product’s demand to increase its market share by producing more affordable products for its […]

QUESTION Now we are building on the second part of the presentation, write 2 pages continuing with the same topic. Include the following items in your presentation: What about special pricing for some markets or customers? Determination of customer profitability. Show effect on revenues and profitability based on stated assumptions. Potential advantages and disadvantages, both […]

QUESTION Write an e-mail (no more than 2 pages) to your coworker explaining How Ratios are Used in Business. A minimum of 2 peer-reviewed publications are required. The publications must be cited in the e-mail using APA formatting. Since you are citing sources you must have a list of References in APA format ANSWER Understanding […]