Answers
Answer:
Interest recognized is $35,910
Explanation:
The computation of interest recognized is shown below:
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= $399,000 × 12% × (9 months ÷ 12 months)
= $35,910
The 3 months is calculated from April 1 to December 31
Hence, the interest i.e. to be recognized is $35,910
Related Questions
Which of the following illustrates economies of scale , diseconomies of scale , and constant returns to scale ?Liza's average total cost changes from $4.50 to $2.20 when she increases salad production from 7 to 9 an hour. Sam's average total cost changes from $1.30 to $2.80 when he increases smoothie production from 5 to 8 gallons an hour. Tina's average total cost remains at $3 when she increases pizza production from 12 to 13 an hour.a. Sam faces economies of scale; Liza faces diseconomies of scale; Tina faces constant returns to scale.b. Sam faces economies of scale; Tina faces diseconomies of scale; Liza faces constant returns to scale.c. Tina faces economies of scale; Sam faces diseconomies of scale; Liza faces constant returns to scale.d. Liza faces economies of scale; Sam faces diseconomies of scale; Tina faces constant returns to scal
If a seller declines to show a property to a minority he or she could be sued for violating a. HUD. b. fair housing laws.c. the Equal Opportunity Act. d. RESPA
With respect to the WBS numbering system, which of the following statements is true? A. The numbering system is a unique identifier known as the code of accounts, which is used to track the costs of the WBS elements. B. The numbering system is a unique identifier known as the code of accounts, which is used to track time and resource assignments for individual work elements. C. The numbering system is a unique identifier known as the WBS dictionary, which is used to assign quality control codes to the individual work elements. D. The numbering system is a unique identifier known as the WBS dictionary, which is used to track the descriptions of individual work elements.
Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of per day, and it uses these subcomponents at a rate of per year (of 250 working days). Holding costs are $ per item per year, and ordering costs are $ per order.Part 2a) What is the economic production quantity? enter your response here units (round your response to two decimal places).
Answers
Answer:
See below
Explanation:
Given the above information, the journal entries to record these transactions would be ;
Finished goods Dr $55,000
______ Work in process Cr $55,000
(Being record of transfer from work in process to finished goods)
Cost of goods sold Dr $61,000
__________ Finished goods Cr $61,000
(Being record of cost of goods sold)
B. Parent company retained earnings equals consolidated retained earnings.
C. Parent company total assets equals consolidated total assets.
D. Parent company dividends equals consolidated dividends.
E. Goodwill will not be recorded on the parent's books.
Answers
Answer: The correct answer is "C. Parent company total assets equals consolidated total assets".
Explanation: The statement "C. Parent company total assets equals consolidated total assets" is false before making adjustments on the consolidated worksheet when a parent uses the equity method because the parent company total assets are not equal to consolidated total assets.
Answers
Answer:
$55,800
Explanation:
The computation of the net realizable value of accounts receivable is shown below:
Net realizable value of account receivable = Account receivable - Allowance for Uncollectible Accounts
= $62,300 - $6,500
= $55,800
By deducting the allowance for uncollectible accounts from the account receivable so that the net realizable value of the account receivable
Answers
Answer:
direct labor-hours per unit
Explanation:
A labor budget is prepared to determine the business` need for planned labor in the budget period.
It can be prepaid to show :
- the number of labor hours required
- the number of workers required
- cost of hiring the required number of workers
All of this also applies for a unit production.
Answers
Individual Web pages or clusters of pages that function as supplements to a primary site are microsites.
What is a microsite?
- Microsites are brand-specific websites (or a single web page) that businesses use to advertise their particular goods, occasions, or campaigns. These have a different URL than their corporate websites and are hosted on their own domain or a subdomain of the company.
- A microsite is a branded content website, sometimes known as a "content centre," that is independent of your brand's URL and/or company website.
- Microsites can be subdomains of your main website or even a subdirectory within it; they are not required to have entirely unique URLs.
To learn more about Microsites refer,
#SPJ4
Answers
Answer:
a) 8 dollars
b) 1,640,000
2.- It should be rejected as decreases operating income to 410,000 from 1,640,000
contribution margin: $14
operating income: $ 410,000
Explanation:
68 - 60 = 8
b)
units sold x $8 contribution less fixed cost
410,000 x 8 - 1,640,000 = 1,640,000
2 contribution margin:
68 - 54 = 14
410,000 x 14 - 5,330,000 = 410,000