The following information relates to a product produced by Faulkland Company:
Direct materials $ 9
Direct labor 6
Variable overhead 5
Fixed overhead 7
Unit cost $ 27
Fixed selling costs are $1,170,000 per year. Variable selling costs of $3 per unit sold are added to cover the transportation cost. Although production capacity is 670,000 units per year, Faulkland expects to produce only 570,000 units next year. The product normally sells for $35 each. A customer has offered to buy 77,000 units for $26 each. The customer will pay the transportation charge on the units purchased. If Faulkland accepts the special order, the effect on income would be a:
A. $231,000 increase.
B. $462,000 increase.
C. $77,000 increase.
D. $693,000 decrease.

Which part/word/phrase in the passage refers to a business’s financing activity seen in a cash flow statement? nathan works as an accountant in a footwear manufacturing company. he is currently preparing the cash flow statement for his employer. during the given accounting period, the company purchased raw materials worth $25,000. it also bought new equipment worth $75,000 to increase its production output. further, it borrowed a long-term bank loan of $100,000 to facilitate further expansion. finally, the company spent $50,000 on advertising its latest brand of footwear in the market. {lol i guessed its "it borrowed a long-term bank loan of $100,000 to facilitate further expansion" and thats correct}

Select the statement that indicates tina's company is a partnership. tina jones is a dancer specializing in latin dance styles. she always wanted to have her own dance studio where she could teach dancing to young and old alike. in 2006, she opened her first dance studio, electric diva, in madison triangle. it was a great choice as a business location because it's well-connected by highways to most places in the city. she leased the space for three years. her initial investment included a good sound system, cheerful interior design, and strong flooring. to raise capital for the business, tina turned to her brother-in-law, philip. philip made half the financial investment. he manages the accounts and social media needs of the business. he has a 30% share in trisha's business. together, they expanded the business to three dance studios in the city and plan to open franchises in other cities.

Compare the sources of consumer credit(there's not just one answer)1. consumers use a prearranged loan using special checks2. consumers use cards with no interest and non -revolving balances3. consumers pay off debt and credit is automatically renewed4. consumers take out a loan with a repayment date and have a specific purposea. travel and entertainment creditb. revolving check creditc. closed-end creditd. revolving credit