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2 years ago

Hi there !

Business

2 answers:

Zanzabum2 years ago

6 0

Answer:

Capital expenditures are typically one-time large purchases of fixed assets that will be used for revenue generation over a longer period while revenue expenditures are typically referred to as ongoing operating expenses, which are short-term expenses that are used in running the daily business operations.

Rainbow [258]2 years ago

3 0

Answer:

Capital expenditures are typically one-time large purchases of fixed assets that will be used for revenue generation over a longer period. Revenue expenditures are typically referred to as ongoing operating expenses, which are short-term expenses that are used in running the daily business operations..

Hope Helpful~

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John's Specialty Store uses a periodic inventory system. The following are some inventory transactions for the month of May 2013

jolli1 [7]

Answer:

Explanation:

The journal entries are shown below:

1. Purchase A/c Dr $5,400

To Accounts Payable $5,400

(Being merchandise is purchased on credit)

2. Freight-In A/c Dr $500

To Cash A/c $500

(Being freight charges are paid in cash)

3. Accounts Payable A/c Dr $800

To Purchase Returns A/c $800

(Being return merchandise is recorded)

4. Cash A/c Dr $5600

To Sales revenue A/c $5600

(Being merchandise is sold for cash)

5. No journal entry required

6 0

3 years ago

Using the information below for Singing Dolls, Inc., determine cost of goods manufactured for the year: Work in Process, January

MatroZZZ [7]

Answer:

The correct answer would be option E, $57,500.

Explanation:

Total manufacturing cost

= direct materials + direct labor + factory overhead + beginning work in process inventory - ending goods in process inventory.

Work in process Jan 1, $50,000;

Work in process Dec 31, $37,000;

total factory overhead, $5,500;

direct materials used, $12,500;

direct labor used, $26,500

Now substituting the values in the above formula we get:

Total Cost of Goods Manufactured=

50000 + 55000 + 5500 + 12500 + 26500 - 37000

= 94500 - 37000

= $57500

So The cost of goods manufactured during the year will be option E, $57500

5 0

3 years ago

Pharoah Company purchased $2600000 of 8%, 5-year bonds from Sheridan, Inc. on January 1, 2021, with interest payable on July 1 a

kobusy [5.1K]

Answer:

$75,260

Explanation:

Calculation for What should Pharoah Company report as other comprehensive income and as a separate component of stockholders' equity

Using this formula

Comprehensive income/separate component of stockholders' equity=Fair value-(Sales of bonds-July 1, 2021 Amortized premiums-December 31, 2021 Amortized premiums)

Let plug in the formula

Comprehensive income/separate component of stockholders' equity=$2,780,000 - ($2,724,740 - $9,820 - $10,180)

Comprehensive income/separate component of stockholders' equity=$2,780,000-$2,704,740

Comprehensive income/separate component of stockholders' equity= $75,260

Therefore What should Pharoah Company report as other comprehensive income and as a separate component of stockholders' equity is $75,260

8 0

3 years ago

Which strategy requires a high level of understanding of what consumers value? Multiple Choice Leadership-Focus Focused-Differen

dmitriy555 [2]

Answer:

The correct option is Focused-differentiation

Explanation:

Focused-differentiation is a competitive strategy that portrays a product or service as uniquely valued,hence the customers are willing to pay higher price in return for its distinguishing characteristics

Leadership-focused is about striving to be the leader in a particular market based on either cost leadership or being the leader at offering the best in class product

Cost-focus differentiation is when a producer aims at lowest cost as well as being a unique producer of best quality

Cost leadership is about being the first to reckon with when it comes offering the most competitive price.By selling at lower prices, the company is able to appeal to customers of competing brands.

8 0

3 years ago

In a free-market economic system, if consumers perceive the price for a state-of-the-art smartphone as too high for the value re

BaLLatris [955]

Answer:

c)consumer’s desired price is too low, producers may limit the amount produced

Explanation:

In a free market economy, price and quantity produced is determined by the forces of demand and supply. If there's a disequilibrium in the market, market forces bring about equilibrium.

In this question, there's a disequilibrium; there seems to be excess supply. To restore equilibrium, supply has to fall so equilibrium can be restored.

I hope my answer helps you.

5 0

4 years ago