Motorcycle Manufacturers, Inc. projected sales of 59,700 machines for the year. The estimated January 1 inventory is 6,410 units, and the desired December 31 inventory is 7,450 units. What is the budgeted production (in units) for the year? a.60,740 b.59,700 c.45,840 d.58,660

Answers

Answer 1

Answer:

Production= 60,740

Explanation:

Giving the following information:

Sales= 59,700

Beginning inventory= 6,410

Desired Ending inventory= 7,450

To calculate the production for the year, we need to use the following formula:

Production= sales + desired ending inventory - beginning inventory

Production=  59,700 + 7,450 - 6,410

Production= 60,740


Related Questions

Department G had 2,280 units 25% completed at the beginning of the period, 13,200 units were completed during the period, 1,900 units were 20% completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: Work in process, beginning of period $29,400 Costs added during period: Direct materials (12,820 units at $9) 115,380 Direct labor 77,400 Factory overhead 25,800 All direct materials are placed in process at the beginning of production, and the first-in, first-out method of inventory costing is used. What is the total cost of the units started and completed during the period (round unit cost calculations to whole dollars and round your final answer to the nearest dollar)?

Answers

Answer:

Department G

The total cost of the units started and completed during the period is:

= $184,717.

Explanation:

a) Data and Calculations:

FIFO Inventory costing method is used

                                           Units       Materials     Conversion

Beginning inventory        2,280          100%             25%  

Cost of beginning inventory  = $29,400

Units started                  12,820

Total units available       15,100

Units completed            13,200

Ending inventory             1,900           100%              20%

Started and completed 10,920 (13,200 - 2,280)

Equivalent units of production

                                                   Units       Materials         Conversion

Units in Beginning inventory    2,280              0 (0%)        1,710 (75%)

Units started and completed  10,920      10,920 (100%)  10,920 (100%)

Ending inventory                       1,900         1,900 (100%)       380 (20%)

Equivalent units                                         12,820               13,010

Costs added during the period          $115,380         $103,200

Equivalent units                                      12,820               13,010

Cost per equivalent unit                         $9.00                $7.93

Costs assigned to:

Beginning inventory                            $0             $13,603     $13,603

Cost of units started and completed 98,280       86,437       184,717

Ending inventory                                   17,100         3,013         20,113

Coronado Industries can produce 100 units of a component part with the following costs: Direct Materials $24000 Direct Labor 8500 Variable Overhead 22000 Fixed Overhead 11000 If Coronado Industries can purchase the units externally for $60000, by what amount will its total costs change

Answers

Answer:

Increase of $5,500

Explanation:

The computation of the change in the total cost is given below:

Total cost at the time of producing is

= Direct material + direct labor + variable overhead

= $24,000 + $8,500 + $22,000

= $54,500

And, the cost of purchasing the unit is $60,000

So, there is an increase of

= $60,000 - $54,500

= $5,500

The same should be relevant

Which of the following is not an appropriate member of an audit committee?
A А.
An academic specializing in business administration
B
The organization's vice president of operations.
С.
A retired executive of a firm that had been associated with the organization
D
The vice president of the local bank used by the organization

Answers

It’s B, have a good day☀️

On January 22, Zentric Corporation issued for cash 160,000 shares of no-par common stock at $8. On February 14, Zentric issued at par value 45,000 shares of preferred 2% stock, $50 par for cash. On August 30, Zentric issued for cash 10,000 shares of preferred 2% stock, $50 par at $56.

Required:
Journalize the entries to record the January 22, February 14, and August 30 transactions.

Answers

Answer:

Zentric Corporation

Journal Entries:

January 22

Debit Cash $1,280,000

Credit Common Stock $1,280,000

To record the issuance of 160,000 shares, no-par at $8.

February 14

Debit Cash $2,250,000

Credit 2% Preferred Stock $2,250,000

To record the issuance of 45,000 shares , $50 par for cash.

August 30

Debit Cash $560,000

Credit 2% Preferred Stock $500,000

Credit  Additional Paid-in Capital - Preferred $60,000

To record the issuance of 10,000 shares, $50 par at $56.

Explanation:

a) Data and Analysis:

January 22 Cash $1,280,000 Common Stock $1,280,000

Issuance of 160,000 shares at $8

February 14: Cash $2,250,000 2% Preferred Stock $2,250,000

Issuance of 45,000 shares , $50 par for cash.

August 30: Cash $560,000 2% Preferred Stock $500,000 Additional Paid-in Capital - Preferred $60,000

Issuance of 10,000 shares, $50 par at $56.

Why should you rotate food when thawing it

Answers

Answer: So it thaws more evenly, also to prevent bacteria

Explanation:

team skills do not require the ability to communicate effectively.
true or false

Answers

Answer:

I think false .

Explanation:

I think so because while working in a team the most important thing that we need is communication skill.

_______ generates ideas for quality improvements by comparing specific project practices or product characteristics to those of other projects or products within or outside the performing organization. Group of answer choices Benchmarking

Answers

Answer:

the word is Benchmarking

Zooey is a single mother of two young children whose husband died in a tragic car accident. She earns $20,000 per year working as a cashier at a grocery store. The government uses a negative income tax system in which Taxes owed = (1/4 of income) - $15,000.

How much does Zooey owe or receive from the government?

a. She owes $5,000
b. She receives $10,000.
c. She owes $10,000.
d. She receives $15,000.

Answers

Answer:

b. She receives $10,000

Explanation:

Taxes owed = (1/4 of income) - $15,000.

Taxes owed = (1/4 x 20,000) - $15,000.

= 5,000 - 15,000 => -10,000

Hence, she receives $10,000 from the government.

A negative income tax is a system where people earning below a certain amount receive supplemental pay from the government instead of paying taxes to the government.

Which of the following is not a component of internal control?
A
Integration
B
Control activities
С
Control environment.
D
Risk assessment

Answers

Answer:

D is not component of internal control

Internal control is implemented to improve the integrity of economic and accounting information within the organization. Risk assessment is not a component of internal control. Therefore, D is the correct option.

What is risk assessment?

Risk assessment is a method to identify the risks and challenges which can hamper the project or goal of the organization. The process includes some steps, such as identifying the risk, evaluating it, managing it, recording the findings, and reviewing the controls. There are many types of risk assessment. They are qualitative, quantitative, generic, site-specific, and dynamic risk assessments.

The purpose of risk assessment is to create and maintain health and safety conditions within the organization.

Internal control is implemented to improve the integrity of economic and accounting information within the organization. Risk assessment is not a component of internal control. Therefore, D is the correct option.

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Profit Center Responsibility Reporting for a Service Company
Thomas Railroad Company organizes its three divisions, the North (N), South (S), and West (W) regions, as profit centers. The chief executive officer (CEO) evaluates divisional performance, using income from operations as a percent of revenues. The following quarterly income and expense accounts were provided from the trial balance as of December 31:
Revenues—N Region $1,039,000
Revenues—S Region 1,281,400
Revenues—W Region 2,205,700
Operating Expenses—N Region 658,400
Operating Expenses—S Region 762,600
Operating Expenses—W Region 1,333,900
Corporate Expenses—Dispatching 518,400
Corporate Expenses—Equipment Management 259,700
Corporate Expenses—Treasurer’s 158,000
General Corporate Officers’ Salaries 349,000
The company operates three service departments: the Dispatching Department, the Equipment Management Department, and the Treasurer’s Department. The Dispatching Department manages the scheduling and releasing of completed trains. The Equipment Management Department manages the railroad cars inventories. It makes sure the right freight cars are at the right place at the right time. The Treasurer’s Department conducts a variety of services for the company as a whole. The following additional information has been gathered:
North South West
Number of scheduled trains 5,400 6,500 9,700
Number of railroad cars in inventory 1,200 2,000 1,700

Answers

Question Completion:

1. Prepare quarterly income statements showing income from operations for the three regions. Use three column headings: North, South, and West. Do not round your interim calculations Thomas Railroad Company Divisional Income Statements For the Quarter Ended December 3:1 North South West Revenues Operating expenses Income from operations before service department charges Service department charges: Dispatching Equipment Management Total service department charges Income from operations

2. What is the profit margin of each division? Round to one decimal place Region North Region South Region West Region Identify the most successful region according to the profit margin Profit Margin 0%6

3. What would you include in a recommendation to the CEO for a better method for evaluating the performance of the divisions?

a. The method used to evaluate the performance of the divisions should be reevaluated

b. A better divisional performance measure would be the rate of return on investment (income from operations divided by divisional assets).

c. A better divisional performance measure would be the residual income (income from operations less a minimal return on divisional assets).

d. None of these choices would be Included

e. All of these choices (a, b & c) would be included.

Answer:

Thomas Railroad Company

1. Thomas Railroad Company

Divisional Income Statements

For the Quarter Ended December 3:

Divisions                          North (N)       South (S)         West (W)

Revenues                     $1,039,000    $1,281,400    $2,205,700

Operating expenses        658,400       762,600        1,333,900

Income from operations

before service

department charges     $380,600      $518,800        $871,800

Service department charges:

Dispatching                     $63,600      $106,000         $90,100

Equipment management 39,500          47,550           70,950

Total service

department charges     $103,100      $153,548       $161,050

Income from operations 277,500    $365,252       $710,750

2. Profit margin ratio      26.7%           28.5%             32.2%

West's performance is above all the rest, with a profit margin of 32.2%.

3. e. All of these choices (a, b & c) would be included.

Explanation:

Divisions                      North (N)       South (S)         West (W)

Revenues                $1,039,000    $1,281,400    $2,205,700

Operating expenses   658,400       762,600        1,333,900

Corporate Expenses—Equipment Management 259,700

Corporate Expenses—Treasurer’s 158,000

General Corporate Officers’ Salaries 349,000

Additional data:

Divisions                                           North (N)   South (S)     West (W)  Total

Number of scheduled trains              5,400        6,500         9,700   21,600

Number of railroad cars in inventory 1,200        2,000          1,700    4,900

Corporate Expenses—Equipment Management 259,700/4,900 = $53

Corporate Expenses—Treasurer’s 158,000/21,600 = $7.315

                                               North (N)   South (S)     West (W)  Total

Service departments costs:  

Dispatching                           $63,600   $106,000    $90,100  $259,700

Equipment management       39,500       47,550      70,950     158,000

General Corporate Officers’ Salaries 349,000

Check My Work Which of the following moves the pizza market up along a given supply curve? a. a decrease in the price of cheese, an input to pizza b. a kitchen fire that destroys a popular pizza joint c. an increase in the price of pizza d. an increase in the price of root beer, a complement to pizza

Answers

Answer: c. an increase in the price of pizza

Explanation:

When there is a movement along the supply curve of a given commodity, it means that the commodity simply went through a price change because the supply curve is meant to depict the quantity supplied at various prices.

If there is an increase in the price of pizza therefore, the pizza market would be moved along the given supply curve.

The other options would cause a shift in the supply and demand curves instead of a movement along.

On November 1, Bahama National Bank lends $3.7 million and accepts a six-month, 9% note receivable. Interest is due at maturity. Record the acceptance of the note and the appropriate adjustment for interest revenue at December 31, the end of the reporting period.

Answers

Answer:

11/01

Dr Cash $3.7 million

Cr Notes Payable $3.7 million

12/31

Dr Interest expense $55,500

Cr Interest payable $55,500

Explanation:

Preparation of the journal entries to Record the issuance of the note and the appropriate adjustment for interest expense at December 31, the end of the reporting period.

11/01

Dr Cash $3.7 million

Cr Notes Payable $3.7 million

(To record issuance of the note)

12/31

Dr Interest expense $55,500

Cr Interest payable $55,500

(To record adjustment for interest expense)

Interest Expense = Face Amount x Interest Rate x Time Period

Interest Expense= $3.7 million x .09x 2/12 Interest Expense=$55,500

Sofia bought a couch that required a $60 down payment and $60 per month for the next eight months. Which type of liability does this describe?
a) a long term liability
b) a non liquid liability
c) a consumer liability
d) a current liability

Answers

answer should be d) a current liability

Assuming Sofia bought a couch that required a $60 down payment. This liability describe:d) a current liability.

What is current liability?

Current liability can be defined as the amount owe or debt amount a person is expected to pay back within a stipulated period of time.

Since Sonia is expected to pay $60 per month for eight months which means that Sonia has a debt to pay within a year.

Therefore this liability describe:d) a current liability.

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Business Finance 344 Homework You plan to retire in 39 years. You are debating whether to deposit $69,931 into an account earning 9 percent annually today or waiting 14 years before making the deposit. How much more will be in the account when you retire in 39 years if you make the deposit today as opposed to waiting 14 years to make the first deposit

Answers

Answer:

If you made the deposits now, you would have $1,412,109.77 more than waiting 14 years.

Explanation:

Giving the following information:

Initial investment (PV)= $69,931

Interest rate (i)= 9%

Number of periods= 39 or 25

To calculate the future value, we need to use the following formula:

FV= PV*(1 + i)^n

Wait 14 years:

FV= 69,931*(1.09^25)

FV= $603,020.65

Deposit now:

FV= 69,931*(1.09^39)

FV= $2,015,130.42

If you made the deposits now, you would have $1,412,109.77 more than waiting 14 years.

Aztec Inc. produces soft drinks. Mixing is the first department, and its output is measured in gallons. Aztec uses the FIFO method. All manufacturing costs are added uniformly. For July, the mixing department provided the following information:

Production:
Units in process, July 1, 60% complete 18,000 gallons
Units completed and transferred out 141,000 gallons
Units in process, July 31, 45% complete 16,000 gallons
Costs:
Work in process, July 1 $36,000
Costs added during July 398,460

Required:
Prepare a production report.

Answers

Answer:

Aztec Inc.

Mixing Department

Production Report

For the month of July

Equivalent units of production:

Beginning work in process       18,000                  7,200 (40%)

Units started and completed 139,000               139,000 (100%)

Ending work in process           16,000                   7,200 (45%)

Total equivalent units of production                 153,400

Cost per equivalent unit:

Costs added during July $398,460

Equivalent units                 153,400

Cost per equivalent unit = $2.60 ($398,460/153,400)

Cost to be accounted for:

Work in process, July 1                  $36,000

Costs added during July               398,460

Total costs to be accounted for $434,460

Costs assigned:

Beginning work in process = $18,720 (7,200 * $2.60)

Units started and completed = $361,400 (139,000 * $2.60)

Ending work in process =  $18,720 (7,200 * $2.60)

Costs assigned to:

Units completed and transferred out:

 Beginning work in process costs:

   60% completion =     $36,000

   40% completion =        18,720

 Units started and

  completed in July =   361,400

Total costs assigned to

 units transferred out =                 $416,120

Cost of ending work in process =    18,720

Total costs assigned =                 $434,840

Explanation:

a) Data and Calculations:

FIFO Method

                                                      Units       Degree of Completion

July 1 work in process                 18,000                   60%

Units transferred out                 141,000

July 31 work in process              16,000                    45%

Production units available       157,000

Beginning work in process       18,000                   40% to be completed

Units started and completed 139,000                   100%

On November 1, 2021, Vinfast Co. receives $3,600 cash from FPT Co. for consulting services to be provided evenly over the period November 1, 2021, to April 30, 2022—at which time Vinfast credited $3,600 to Unearned Consulting Fees. The adjusting entry on December 31, 2021 would include a
a. Debit to Unearned Consulting Fees for $1,200
b. Debit to Unearned Consulting Fees for $2,400.
c. Credit to Consulting Fees Earned for $2,400.
d. Debit to Consulting Fees Earned for $1,200.

Answers

Answer: A. Debit to Unearned Consulting Fees for $1,200

Explanation:

Following the information given in the question, Vinfast Co. receives $3,600 cash from FPT Co. for consulting services to be provided evenly over the period November 1, 2021, to April 30, 2022.

Since we want to know the adjusting entry on December 31, 2021, a period form November 1, 2021 to December 31, 2021 is a period of two months out of the 6 months period. Therefore, the unearned consultancy fee will be:

= $3600 × 2/6

= $1200

Therefore, there'll be a debit to the unearned consulting Fees for $1,200. Also, there'll be a credit to the consulting fees earned account by $1200.

Should we, as Americans, be concerned with the economies and standard of living of other countries?

Answers

Answer: No the economy and standard of living should be american's focus.

Explanation: If we as american's can't find a solution to our own problem's then it's unlikely that we would be able to solve another countries problems.

No, If we as Americans can't find a solution to our own problem because there exist many differences in the levels of living between various countries.

What is the standard of living?

Standards of living can concern multiple aspects of a population, including satisfaction and productivity. This stands significant because the more significant productivity and happiness exist, the more suitable an economy grows to be as a whole.

The real cause for the dissimilarities in the levels of living between various countries exists the dissimilarity in their levels of national income. The group of national income relies upon the entire volume of an exhibition in the country.

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The managerial accountant at Fast and Mean Manufacturing reported that the organization contains an automated production line to manufacture and produce its products for consumers to enjoy in the marketplace. The managerial accountant reported that the company uses the high-low method to estimate the costs in the new budget. The managerial accountant reported the following information: Month Total Machine-Hours Total Costs January 250,000 $5,500,000 February 248,000 $5,260,000 March 249,000 $5,400,000 April 248,000 $5,220,000 May 238,000 $5,180,000 June 230,000 $5,130,000 Compute the slope of the mixed cost, or the variable cost per unit of activity. Compute the vertical intercept, or the fixed cost component of the mixed cost. What is the mixed cost equation

Answers

Answer: See explanation

Explanation:

1. Compute the slope of the mixed cost, or the variable cost per unit of activity.

Variable cost per unit will be:

= (Total Cost at the highest level-l - total cost at the lowest level) / (Highest activity level - lowest activity level)

= (5500000 - 5130000)/(250000 - 230000)

= 370000/20000

= $18.50

2. Compute the vertical intercept, or the fixed cost component of the mixed cost.

The fixed cost will be:

= Total cost - Variable cost

= $5,500,000 - (25,000 × $18.50)

= $5,500,000 - $4,625,000

= $875,000

3. What is the mixed cost equation

Mixed Cost equation will be:

= Fixed Cost + (Variable cost per unit × Total Units of activity )

= 875000 + (18.75 × x)

Y = 875000 + 18.75x

Dawson Electronic Services had revenues of $80,000 and expenses of $50,000 for the year. Its assets at the beginning of the year were $400,000. At the end of the year assets were worth $450,000. Calculate its return on assets.

Answers

Answer:

See below

Explanation:

Given the above information

Return on assets = Net income / Average total assets

Net income = $98,000

Average total assets = ($409,000 + $459,000) / 2 = $434,000

= $98,000 / $434,000

= 22.58%

Therefore, return on assets = 22.58%

ình hình tài sản của Cty SAO KIM, số 7, Lê VănTám , phường 9, Quận 10 tính đến ngày 31/12/2020 như sau :

Đvt: triệu đồng.
Tiền mặt 1,000
Tiền gửi ngân hàng 79,000
Phải trả người bán 110,000
1399Nguyên vật liệu 225,000
Vay ngắn hạn ngân hàng 120,000
Công cụ dụng cụ 5,000
Nguồn vốn kinh doanh 965,000
Lãi chưa phân phối 203,500
Xe tải 100,000
Dây chuyền công nghệ 500,000
Máy móc thiết bị 389,000
Phải thu khách hàng 100,000
Phải trả người lao động X


Yêu cầu:
1. Tìm X.

Answers

Can you put this in English so I can help

When a company records depreciation it debits:_____.
A. Depreciation Expense and credits a contra-asset account.
B. Depreciation Expense and credits Cash.
C. a long-lived tangible asset account and credits Depreciation Expense.
D. a liability account and credits Depreciation Expense.

Answers

Answer: A. Depreciation Expense and credits a contra-asset account.

Explanation:

Depreciation is an expense which means that when it is incurred, it will be debited because expenses are debited to show that they have increased.

Depreciation reduces the value of an asset so the asset needs to be credited which is what is done when an asset reduces. The full entry would therefore involved a debit to the Depreciation account and a credit to the asset account that is being depreciated.

Fiat announces its intention to build an all-electric car plant in Belvidere, Illinois. Fiat also announces it intends to sell one million vehicles per year. It hires 3000 additional workers - enough to keep the plant operating at full capacity. Fiat also signs contracts with its unions committing to pay all of its workers at this plant for 2 full years whether or not the production at the plant reaches capacity. Is this a strong strategic commitment by Fiat?

Answers

Answer:

Yes, this is Fiat's strong strategic commitment, as a company's strategy corresponds to the set of actions that a company plans to achieve its long-term goals and objectives.

When the company then announces to stakeholders its intention to build an electric car plant in Illinois, as well as its plans to sell one million vehicles a year, hire 3,000 additional workers, and sign workers' pay contracts for 2 full years, it is assuming to its target audience a commitment to comply with their declarations, which means that the new investments and launching of new products will impact the company as a whole, its profitability, market value and competitiveness, which can then be understood. as a strong strategic commitment by Fiat.

Following are selected accounts for a manufacturing company. For each account, indicate whether it will appear on a budgeted income statement (BIS) or a budgeted balance sheet (BBS). If an item will not appear on either budgeted financial statement, write it NA.

a. Sales
b. Administrative salaries paid
c. Accumulated depreciation
d. Depreciation expense
e. Interest paid on bank loan
f. Cash dividends paid
g. Bank loan owed
h. Cost of goods sold

Answers

Answer: See explanation

Explanation:

The budgeted income statement is a financial report that lists the estimated revenue, expenses as well as the profit for a given period.

The budgeted balance sheet simply shows the predicted amounts for the assets, liabilities and the equity of a company at the end of the budgeting period.

a. Sales = Budgeted income statement

b. Administrative salaries paid = Budgeted income statement

c. Accumulated depreciation =

Budgeted balance sheet

d. Depreciation expense = Budgeted income statement

e. Interest paid on bank loan = Budgeted income statement

f. Cash dividends paid = N/A

g. Bank loan owed = Budgeted balance sheet

h. Cost of goods sold = Budgeted income statement

M. Poirot wishes to sell a bond that has a face value of $1,000. The bond bears an interest rate of 11.28% with bond interest payable semiannually. Six years ago, $979 was paid for the bond. At least a 12% return (yield) on the investment is desired. The minimum selling price must be: Enter your answer as follow: 1234.56

Answers

Answer:

M. Poirot

The minimum selling price must be:

= $2,065.09.

Explanation:

a) Data and Calculations:

Face value of bond = $1,000

Interest rate = 11.28%

Interest payment = semiannually

Price of bond six years ago = $979

Desired return (yield) rate = 12%

Minimum selling price can be determined as follows:

N (# of periods)  12

I/Y (Interest per year)  12

PV (Present Value)  979

PMT (Periodic Payment)  5.64

Results

FV = $2,065.09

Sum of all periodic payments $67.68

Total Interest $1,018.41

Chico Company paid $950,000 for a basket purchase that included office furniture, a building and land. An appraiser provided the following estimates of the market values of the assets if they had been purchased separately: Office furniture, $190,000; Building, $740,000; and Land, $132,000. Based on this information, what is the cost that should be allocated to the office furniture

Answers

Answer:

$171,000

Explanation:

The company psid $950,000 for office furniture, building and land

The market value of the assets is

Office furniture= $190,000

Building= $740,000

Land= $132,000

Therefore the cost that should be allocated to the office furniture can be calculated as follows

= 18/100 × 950,000

= 0.18×950,000

= 171,000

Prepare the December 31 adjusting entries for the following transactions.

a. Fees accrued but not billed, $6,300.
b. The Supplies account balance on December 31, $4,750.
c. Supplies on hand, $960
d. Wages accrued but not paid, $2,700
e. Depreciation of office equipment, $1,650
f. Rent expired during year, $10,800.

Answers

Answer and Explanation:

The journal entries are shown below:

a. Account receivable Dr $6,300

           To Fees Revenue   $6,300

(Being fees accrued is recorded)  

b Supplies Expense  $3,790 ($4,750 - $960)

       To Supplies $3,790

(being supplies expense is recorded)

d. Wages Expense $2,700

       To Wages Payable $2,700

(being wages expense is recorded)

e. Depreciation Expense     $1,650

        To Accumulated Depreciation             $1,650

(being depreciation expense is recorded)

f. Rent Expense $10,800

        To Prepaid Rent  $10,800

(being rent expense is recorded)

Sleep Cheap is a private camping ground near the Boulder Peak Recreation Area. It has compiled the following financial information as of December 31, 2022.

Services revenues (from camping fees) $132,000
Dividends $8,000
Sales revenues (from general store) 25,000
Notes payable 50,000
Accounts payable 13,000
Administrative expenses 133,000
Cash 13,500
Supplies 2,500
Equipment 108,000
Common stock 40,000
Retained earnings (1/1/2022) 5,000

Required:
a. Determine net income from Sleep Cheap for 2022.
b. Prepare a retained earnings statement and a balance sheet for Sleep Cheap as of December 31, 2022.

Answers

Answer and Explanation:

a. The net income should be

Service Revenue $132,000  

Sales Revenue $25,000  

Total revenues $157,000  

Less: Total expense -$133,000  

Net income $24,000  

b.  

The preparation of the retained earning statement is presented below:

Retained Earnings Statement  

For the year ended December 31,2022  

Retained Earnings, January 1 $5,000  

Add: Net income $24,000  

Less: Dividends -$8,000  

Retained Earnings, December 31 $21,000  

The preparation of the balance sheet is presented below:

Balance Sheet  

December 31,2022

Assets  

Cash $13,500

Supplies  $2,500

Equipment $108,000

Total Assets $124,000

Liabilities and Stockholders' Equity  

Liabilities  

Accounts Payable $13,000  

Notes Payable $50,000  

Total Liabilities $63,000

Stockholders' Equity  

Common Stock $40,000  

Retained Earnings $21,000  

Total Stockholders' Equity  $61,000

Total Liabilities and Stockholders' Equity $124,000

When you compose a message, you want your audience to find the information it needs quickly and to understand what it finds. Your message should be easy to read and to comprehend. Well-designed documents enhance readability and comprehension. Understanding and employing the various design techniques that can be used to improve readability will make your messages more effective.

_______________ define the shape of text characters.

a. Headings
b. Fonts
c. Typefaces

Answers

B.


it defines the shape of text characters

multinational company specialised food processing sector ? case study ​

Answers

Answer:

yes its good multitional objects where not eating

Initially this seen as a temporary crop until the colonists learned that they could diversify it wine and other food crops. Colonists wanted to grow this crop because it made them money in short time with little investment. What was this crop?

Answers

Answer:

Tobacco

Explanation:

Tobacco, grown from seeds stolen from the Spanish, was the cash crop that saved the colonists in the New World. Because growing tobacco required lots of hard work and labor, more people were needed to work in the fields. The more workers one had, the more tobacco they could grow and the greater the profit they could gain.

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