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2 years ago

What account form needs to balance before you can move forward with the Accounting Cycle?

Business

1 answer:

zhannawk [14.2K]2 years ago

8 0

Answer:

Clyde's Well Servicing has the following financial statements. The balance sheet items, profit margin, and dividend payout have maintained the same ...

Explanation:

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Is the national interest a reliable source

timurjin [86]

Not all of the time because it can be very biased

3 0

3 years ago

You are taking a $5000 loan. You will pay it back in four equal amounts, paid every 6 months starting 5 years from now. The inte

mr Goodwill [35]

Answer:

Following are the solution to the given point:

Explanation:

Calculating the value of the effective interest rate:

Formula:

$\text{Effective interest rate} =\frac{\text{annual nominal rate of interest}}{\text{compound year}}$

$=\frac{12}{2} \\\\ =6\%$

Calculating the value of Effective annual rate of interest:

$=(1+ \text{The effective rate})^{\text{(compound number )}} -1$

$=(1+0.06)^2 -1\\\\=(1.06)^2 -1\\\\=1.1236-1\\\\=0.1236\\\\=12.36 \%$

Calculating the Amount in each semiannual payment:

$= 5000 \times (\frac{F}{P}, 6\% ,9) \times (\frac{A}{P}, 6\%,4)\\\\= 5000 \times 1.689479 \times 0.288591\\\\= 2437.85$

Calculating the value of the total interest paid:

$= 2437.85 \times 4 - 5000\\\\= 9751.40-5000\\\\ = 4751.40$

4 0

3 years ago

What role does a project manager in an e-learning program play? bringing content to life and making it accessible tracking progr

olga55 [171]

Answer:

Tracking progress from kickoff to completion

Explanation:

The role of a project manager in an e-learning program play is tracking progress from kickoff to completion.

The project manager ensures all the highlighted steps are diligently followed from the start to the finish, so as to make the project successful and achieving its aims and objectives.

6 0

3 years ago

A manufacturing department completed and transferred to finished goods a total of 50,000 units. They also had 2,500 units in end

Alinara [238K]

Answer:

The cost of units completed this period is $ 350,000

Explanation:

Units Out of the Process Were:

Finished Goods = 50,000

Ending Work In Progress = 2500

1.) Finished Goods Equivalent Units

Materials : Finished Goods are 100% complete in terms of materials hence 50000 equivalent units

Conversion : Finished Goods are 100% complete in terms of conversion costs hence 50000 equivalent units

2.) Cost of units completed Units

Materials : 50000 × 5.75 =287500

Conversion : 50000×1.25 =62500

Total = 287500 + 62500 = $ 350,000

*Note Ending Inventory is not relevant for this question

3 0

3 years ago

I’m Sorry if this is hard to read but help me please it’s very important!!!!

Archy [21]

The answer is to know the reliability of the informationa

8 0

3 years ago