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horrorfan [7]
2 years ago
8

Taraneh wants to create a tutoring center for high school students. She develops a precise statement of the rationale for her bu

siness and a step-by-step explanation of how the business will achieve its goals. This is known as a(n)
Business
1 answer:
Mumz [18]2 years ago
4 0

Answer:

Business Plan

Explanation:

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Carr Corporation retires its $100,000 face value bonds at 105 on January 1, following the payment of interest. The carrying valu
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Answer: A. debit of $3,745 to Premium on Bonds Payable.

Explanation:

The carrying value of the bonds at redemption date is $103,745.

The bonds retired however, had a face value of $100,000.

The company therefore paid a premium on these bonds which is:

= 103,745 - 100,000

= $3,745

This amount will be debited to the Premium on Bonds Payable account.

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3 years ago
What are some of the benefits of establishing a minimum wage?
lapo4ka [179]

it can help certain families

it serves as an employment incentive

it is a common reference with hiring in other jobs

it can also be helpful depending on the type of market

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3 years ago
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The fiscal 2016 financial statements of nike inc. shows net operating profit margin (nopm) of 11.4%, net operating asset turnove
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<span>E, there is not enough information without actually having the Return on Equity from which we can subtract the operating return. With only percentages, we cannot extract this answer.</span>
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3 years ago
If the price of gasoline increases significantly, then we’d expect the price for hybrid and electric cars to.
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7 0
2 years ago
Damon Industries manufactures 30,000 components per year. The manufacturing costs of the components was determined as follows:
Oksanka [162]

Answer:

The correct answer is:

$19,000 decrease (a)

Explanation:

To calculate this, we have to calculate the total cost involved, when the product was manufactured and when it was purchased and calculate the difference in cost.

Note also that when calculating cost for manufacturing, you do not add fixed overhead costs because they are not costs associated with the direct manufacture of a product, rather, they are costs associated with the day to day running of the business, example here may be the electricity used in the factory.

Total manufacturing cost ($);

Direct materials =           150,000

Direct labor        =           170,000  

variable overhead =         70,000

Total                   =           $390,000

Total purchase cost ($)

1 component = $14

∴ 30,000 components = 30,000 × 14 = 420,000

if the facilities are rented out for $11,000, Damon could use the money for the purchase too, therefore effective cost for purchase;

= 420,000 - 11, 0000 = $409,000.

Now finding the difference between the two costs;

cost of purchase       = $ 409,000

Cost of manufacture = $ 390,000

difference                  = $19,000

since the cost of purchase of the components is more than the cost of manufacturing by $19,000, it means that the operating profits will reduce by  $19,000 if Damon chooses to purchase the components

8 0
3 years ago
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