Answer:
$4,000
Explanation:
The computation of the cash to be required to settle the liability is shown below:
= Purchase value of inventory - returned inventory which was purchased
= $5,000 - $1,000
= $4,000
It is a net purchase plus it is the cash required to settle the liability
There is no discount applied in the question as dates are not given so we ignored it.
Answer:
7.69%
Explanation:
The official unemployment rate includes people who do not have a job but are able to take a job and are currently seeking one.
People with part time jobs are considered employed.
Littleville has 1,000 residents, 600 are employed = 400 do not work but how many are considered unemployed:
400 - 240 (under age 16) - 10 (institutionalized) - 100 (are not looking for work, including students and homemakers) = 50 unemployed
Littleville's unemployment rate = number of unemployed / total labor force = 50 / (600 + 50) = 50 / 650 = 7.69%
The answer to this question is: <span>additional costs and benefits.
</span><span> is an examination of the additional benefits that received from doing an activity compared to the cost that must be incurred in order to do that activity.
</span>This analysis will help companies to determine what operations that they should maintain in the future in order to keep the profit margin of the company.
<span>We know that Profit = Earnings - Cost</span>
Case 1: Sold as is
Profit = (300 fans* $20/fan) - (300 fans*
$55/fan)
Profit = - $10, 500 (deficit)
Case 2: Processed further then sell
Profit = (300 fans* $90/fan) – [(300 fans*
$55/fan)
+ (300 fans* $40/fan)]
Profit = - $1, 500 (deficit)
<span>Since Case 2 has lower deficit, then it is better to
process the fans further then sell to normal selling price.</span>
Answer:
A balance sheet for Weismuller publishing for December 31 2021 was prepared and recorded in the explanation section below
Explanation:
Solution
COMPANY: WEISMULLER PUBLISHING Balance Sheet At December 31 2021 Assets
Current assets:
Cash and cash equivalents ($91,000 + $43000) $134000
Short term investments ($166,000 - $43000) $123000
The net accounts receivable ($186,000 =$29,000) $175,000
Inventory $298,000
Prepaid expense [174,000-(14600/2)] $101,000
The total current assets $813,000
Note: Kindly find an attached copy of the [art of the complete solution to this question below
