Control limits come from :_________

Lara Technologies is considering a cash outlay of $227,000 for the purchase of land, which it could lease out for $36,150 per ye

HACTEHA [7]

Answer:

the opportunity cost of the land purchase is $34,050

Explanation:

The computation of the opportunity cost of the land purchase is shown below;

= Cash outlay × return percentage

= $227,000 × 15%

= $34,050

Hence the opportunity cost of the land purchase is $34,050

We simply multiplied the cash outlay with the return percentage so the same would be calculated

6 0

2 years ago

The Azuza Company owns no plant assets and had the following income statement for the year:

Nutka1998 [239]

Answer:Please see answer below

Explanation:

Solving

Net income= $16,000

Change in asset and liabilities

Accounts receivable Increased $67,000- $59,000 =- -8000

Inventory Decreased 62,000- 86,000=24,000

Prepaid rent --Increased 9,000- 7,000 = -2000

Accounts payable ---decreased 22,000 -30,000 = -8000

Wages payable ----Increased 9,000- 7,000=2000

Net cash provided by operating activity.=24,000+ 2000-(8000+2000+8000)

= $24,000

Net income= $16,000

Change in asset and liabilities

Accounts receivable--Increase -$8,000

Inventory--Decreased-- $24,000

Prepaid rent --Increased -$2,000

Accounts payable ---decreased-$8,000

Wages payable ----Increased $2,000

Net cash provided by operating activities,= $24,000

6 0

3 years ago

Estimated expenses of liquidation were $10,000. Henry, Isaac, and Jacobs shared profits and losses in a ratio of 2:4:4. Before l

stealth61 [152]

<u>Solution and Explanation:</u>

The total amount of cash available for safe payments would be $25,000 (90,000 - 60,000 - 5,000). This amount will be distributed between Henry and Jacobs in the ratio of 6:4 meaning that $15,000 (25,000*60%) will be given to Henry and $10,000 (25,000*40%) will be given to Jacobs.

The value of $120,000 will be distributed to the partners as follows:

Henry Issac Jacobs

Equity 80,000 110,000 140,000

Less Loss on Assets 36,000 72,000 72,000

Liquidation Expenses 1,000 2,000 2,000

Balances 43,000 36,000 66,000

Less Distribution

of Safe Payments to Partners 15,000 0 10,000

Net Balances $28,000 $36,000 $56,000

4 0

3 years ago

Supply chain management refers to a set of approaches and techniques firms employ to efficiently and effectively integrate their

gizmo_the_mogwai [7]

Answer:

suppliers (or vendors)

Explanation:

Supply chain management refers to how the company manages:

the distribution and storing of materials needed to manufacture a product (upstream)
the inventory management of materials, components and final goods
the distribution of finished goods to final customers using different downstream channels (wholesalers, retailers, etc.)

4 0

3 years ago

Dilution Solutions, Inc. repurchased 500 shares of its $2 par value common stock for $10,000. The effect of this transaction on

Sedbober [7]

Answer: $10,000 increase in Treasury Stock

Explanation:

Treasury stock, is also known refered to as the treasury shares and it occurs when stock is bought buy the issuing company back from the stockholders.

This results in the reduction in the total number of outstanding shares that can be found on the open market. In the above scenario, since Dilution Solutions, Inc. repurchased 500 shares of its $2 par value common stock for $10,000, this will bring about a $10,000 increase in the treasury stock.

3 0

2 years ago

Control limits come from :__________