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maria [59]
2 years ago
7

Acme enterprises began the new year owing its suppliers $3,000 for merchandise purchased last year. Acme then sold half of this

merchandise for $5,000 on account. Two weeks later, acme paid its suppliers $1,000 and bought another $4,000 of merchandise on account. Acme now has an accounts payable balance of ______.
Business
1 answer:
Zanzabum2 years ago
4 0

Answer:

$8500

Explanation:

Beg AP bal = 3000

Sold 1/2 of merch on acct = add 2500

Paid suppliers = subtract 1000

Bought more merch on acct = add 4000

3000 + 2500 - 1000 + 4000 = 8500

Ending AP bal = 8500

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Which of the four main methods of international entry did Assan Motors employ to expand into the U.S.
kirill115 [55]

Answer: Foreign direct investment

Explanation:

The method of international entry that Assan Motors employed to expand into the United States is the foreign direct investment.

Foreign direct investment is regarded as the investment by a company in another country apart from the country where the entity is based. FDI is an aggressive way regarding international expansion, and has a high level of control.

5 0
2 years ago
The manufacturing overhead budget at Pendley Corporation is based on budgeted direct labor-hours. The direct labor budget indica
postnew [5]

Answer:

Correct option is B) $17.10

Total overhead rate per hour = $17.10

Explanation:

Overhead rates are based on cash outflow, they are not allocated and computed based on non cash items.

Total direct labor hours = 8,900

Thus total variable overhead rate = $5.50

Total cash fixed cost = $133,500 - $30,260 = $103,240

Fixed cost overhead rate = $103,240/8,900 = $11.60

Total overhead cost per hour = Variable overhead + Fixed Overhead = $5.50 + $11.60 = $17.10

5 0
3 years ago
Bill wants to increase his herd of cattle on his farm. Right now, he his herd numbers around 100, and he has 100 acres of his fa
NISA [10]

Answer: Bill should analyze his current situation and evaluate the level of resources he has in present.

Explanation: In the given case, Bill has 100 herd and 100 acres of his farm for pasturisation, since the question is asking the advice from the aspect of a sociologist so the cost - profit analysis will not be taken into consideration.

As per a sociology approach of decision making, Bill should evaluate the capacity of his land for carrying out the operations and should set aside more land if he wants to increase the level of his activities.

5 0
3 years ago
The accounting and tax departments are the responsibility of the _____. a. ​inventory manager b. ​controller c. ​vice president
wel

Answer: Controller

         

Explanation: Controller refer to the accounting officer of the company whose job is to analyze and interpret the transactions related to accounting and fiance.

The duties of controller include conducting internal audit, updating financial statements, filing tax applications on time etc.

Thus, from the above we can conclude that the correct option is B.

4 0
2 years ago
In a market there is a shortage of a good. What change would cause the market to come to an equilibrium?
Oksi-84 [34.3K]

Answer:

D) a rise in price

Explanation:

At the equilibrium point, the quantity demanded and the quantity supplied are the same. There is no excess shortage or supply in both demand and supply.

A shortage occurs when suppliers are not able to meet the market demand. Here, demand is the quantity that buyers are willing to buys at a specific price over time.  As per the law of demand, high product price causes demand to decrease while low price results in increased demand.

A shortage of a product means its demand is high. Many buyers are willing to buy the commodity at the current price.  As per the law of demand, a price increase will result in reduced demand and achieve equilibrium.

3 0
3 years ago
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