Bain corporation makes and sells state-of-the-art electronics products. one of its segments produces the math machine, an inexpensive calculator. the company’s chief accountant recently prepared the following income statement showing annual revenues and expenses associated with the segment’s operating activities. the relevant range for the production and sale of the calculators is between 30,000 and 60,000 units per year.

revenue (40,000 units × $10.80) $ 432,000
unit-level variable costs
materials cost (40,000 × $2.70) (108,000 )
labor cost (40,000 × $1.20) (48,000 )
manufacturing overhead (40,000 × $1.20) (48,000 )
shipping and handling (40,000 × $0.30) (12,000 )
sales commissions (40,000 × $1.20) (48,000 )
contribution margin 168,000
fixed expenses
advertising costs (24,000 )
salary of production supervisor (72,000 )
allocated company wide facility-level expenses (96,000 )
net loss $ (24,000 )

Salvador county issued $25 million of 5% demand bonds for construction of a county maintenance building. the county has no take-out agreement related to the bonds. it estimates that 20% of the bonds would be demanded (called) by the buyers if interest rates increased at least 1%. at year-end rates on comparable debt were 7%. how should these demand bonds be reported in the government-wide financial statements at year-end? a) $25 million in the long-term liability section of the governmental activities column. b) $5 million in the current liability section of the governmental activities column and $20 million in the long-term liabilities section of the governmental activities column. c) $5 million in the governmental activities column and $20 million would be reported in the schedule of changes in long-term debt obligations. d) $25 million in the current liability section of the governmental activities column

Match the given situations to the type of risks that a business may face while taking credit.(there's not just one answer)1. beta ltd. had taken a loan from a bankfor a period of 15 years, but its salesare gradually showing a decline.2. alpha ltd. has taken a loan for increasing its production and sales,but it has not conducted any researchbefore making this decision.3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession.4. delphi ltd. has taken a short-term loanfrom the bank, but its supply chain logistics are not in place.a. foreign exchange riskb. operational riskc. term of loan riskd. revenue projections risk

While on vacation in las vegas jennifer, who is from utah, wins a progressive jackpot playing cards worth $15,875 at the casino royale. what implication does she encounter when she goes to collect her prize?