_____is best described as the process of selling a prototype of a product in either a real or simulated market environment.

When an employee/shareholder receives a business incoLogan, a 50-percent shareholder in Military Gear Incorporated (MG), is comp

Delicious77 [7]

Answer:

$1346.78688588627862

5 0

3 years ago

Why might you complete a 1040 instead of a 1040ez? everfi?

Wittaler [7]

In general, if you have more types of deductions on your tax, the 1040 forms maybe more appropriate for you because it provide you with various options to claim deductions or credit.
The 1040Ez on the other hand only offer a simple format that only beneficial for taxpayers who made certain conditions.

6 0

3 years ago

Read 2 more answers

Indicate where each item should be presented in the statement of cash flows (indirect method) using these four major classificat

saw5 [17]

Answer:

a. Payment of interest on notes payable - Operating Activity

b. Exchange of land for patent - Non Cash investing activity

c. Sale of building at book value - Investing Activity

d. Payment of dividends - Financing Activity

e. Depreciation - Operating Activity

f. Receipt of interest on notes receivable - Operating Activity

g. Issuance of Capital Stock - Financing Activity

h. Amortization of patent - Operating Activity

i. Issuance of bonds for land - Non Cash investing activity

j. Purchase of land - Investing Activity

3 0

3 years ago

Barrington Mills Manufactures denim cloth from two primary raw materials, cotton and dye. Work-in-process includes lapped cotton

8_murik_8 [283]

Answer:

weeks of supply 2,7122857

Explanation:

17,500,000 / 50 weeks = 350,000 COGS per week

current finished inventory:

250 x $ 65 = 16,250

190 x $ 80 = 15,200

310 x $ 105 = 32,550

Total 64,000

cost added:

70,000 materials x $ 2.75

125,000 materials x $ 5.00

total 817500

WIP:

2,000 rolls x $ 10.50

5,000 spools x $ 6.75

500 rolls x $ 26.10

total $ 67,800

Total inventory: 817,500 + 67,800 + 64,000 = 949300

week of supply:

inventory of 949300

and 350,000 goods are consumer per week

week: 2,7122857

3 0

3 years ago

Janson Corporation Co.'s trial balance included the following account balances at December 31, 2021: Accounts receivable $14,000

11111nata11111 [884]

Answer:

$88,450 should be included in the current assets section of Janson’s December 31, 2021, balance sheet

Explanation:

Current Assets: The current assets are those assets which are converted into cash within one year.

Examples - Accounts receivable, inventory, prepaid insurance, cash, etc.

The computation of the total current assets is shown below:

= Accounts receivable + Inventory + Prepaid insurance + Short term investment

= $14,000 + $40,000 + $3,650 + $30,800

= $88,450

The amount of prepaid insurance which is given in the question is for two years. We have to compute for one year so we divide the total amount by number of years

= $7,300 ÷ 2 years

= $3,650

6 0

4 years ago