<u>Given:</u>
Total assets before journalizing and posting the adjusting = $128,800
Expired insurance = $800
Expired rent = $2,400
Depreciation = $900
<u>To find:</u>
Total assets after journalizing and posting the adjusting
<u>Solution:</u>
To determine the value of the total assets after journalizing and posting the adjustment, we have to subtract all the given values i.e, the expired rent, expired insurance and the depreciation values from the total assets before journalizing and posting the adjusting.
The calculation is as follows,
Total assets after journalizing and posting the adjusting
Therefore, the required value of the total assets after journalizing and posting the adjusting is $124,700.
Answer:
C. Sale of goods on credit
Explanation:
The current liabilities refer to the financial obligations that a company has to pay within one year and it includes accounts payable, short term debt and wages payable. According to this, the answer is that the option that does not affect the current liabilities section of the balance sheet is sale of goods on credit.
Answer:
The correct answer is C
Explanation:
Perceived value, is the term of marketing, which is defined as the evaluation or determination of the customer merits of the service or the product and also the ability to fulfill the needs as well as expectations, specifically in comparison with the peers.
So, in this case, Nora who earlier purchased the other brand shoes and was not marginally satisfied. But this time Nora would likely to purchase the shoes of the brand and it is because it offers greater perceived value to the customer and also meet the expectations.
Answer:
Break-even point for the manual process= 281.11 unit
Explanation:
<em>Break-even point is the level of activity at which a firm must operate such that its total revenue will equal its total costs. At this point, the company makes no profit or loss because the total contribution exactly equals the total fixed costs</em>.
Break even point in units is calculated using this formula:
Break even point in units = Total general fixed cost/ (selling price - Variable cost)
Break-even point for the manual process:
Break-even point in units = $26,380/(99- 5.16) = 281.11 units
Break-even point for the manual process= 281.11 units
Answer:
The answer is "9%".
Explanation:
Please find the complete question in the attached file.
The formula for calculating the net return rate:
Therefore, the net return rate is 9%.
