Given:
Inventory: $820
Fixed Assets: $3,200
Accounts receivable: $1,210
Accounts payable: $$890
Cash: $360
The amount of net working capital is
Cash and cash equivalents ($360)
+ Receivables ($1,210)
+ Inventory ($820)
+ Marketable investments ($3,200)
- Accounts payable ($890)
= $4,700
Answer: $4,700
Answer:
Option B is the answer
Explanation:
Avoidable costs = 20,000+55,000+45,000 + (8*5000)+30,000
= 190,000
= 190,000/5,000 units
= $38 Option B is the answer
Answer:
Given:
Income before income taxes = $225,000
Book depreciation = $25,000
Nondeductible book expenses = $10,000
Tax rate = 40%
Enacted rate = 35%
Deferred income tax liability is computed as:
Deferred income tax liability = Book depreciation × Enacted rate
= $25,000 × 35%
= $8,750
Answer:
increase; decrease.
Explanation:
Technology can be defined as a branch of knowledge which typically involves the process of applying, creating and managing practical or scientific knowledge to solve problems and improve human life. Technologies are applied to many fields in the world such as medicine, information technology, cybersecurity, engineering, environmental etc.
Generally, technology has impacted the world significantly and positively as it has helped to automate processes, increased efficiency and level of output with little or no human effort.
Assuming advances in computer technology led to a surge in the level of productivity by the workers working in a company. In the long run, output will increase and the price level will decrease.
Answer:
$24,000 gain
Explanation:
Dr Cash 3,120,000
Cr Bonds payable 3,000,000
Cr Premium on bonds payable 120,000
premium amortization per coupon = $120,000 / 20 periods = $6,000
a total of 11 coupons were paid = $6,000 x 11 = $66,000
carrying value of the bonds = $3,054,000
gain/loss on retirement of bonds = carrying value - retirement value = $3,054,000 - $3,030,000 = $24,000 gain