Answer and Explanation:
The journal entries are as follows;
a. On Jan 1
No journal entry is required
b. On Feb 5
Contra asset Dr $1,320
To Sales revenue $1,320
(being sales revenue is recorded)
Cost of goods sold Dr $670
To Inventory $670
(being cost of goods sold is recorded)
c. On Feb 25
Cash $3,300
Contra asset Dr $1,320
To Sales revenue $1,980
(being sales revenue is recorded)
Cost of goods sold Dr $300
To Inventory $300
(being cost of goods sold is recorded)
<span>The corporation was trying to determine the price that would bring in the most money.
The pricing of the product will be determined by several main factors such as the total cost to create the products , the situation with competitors, the rarity of the products, and the predicted average earnings that their target consumers had,</span>
Answer and Explanation:
In the given situation, it is mentioned that while travelling to another country you have two choices for paying at the time of booking or at the time of checking out. Now at Jan the person made a reservation for staying at Italy and completed the stay as on April 30th so here the change in inflation would be matters whether it is increasing or decreasing. It is better to pay off at advances as there is a chances that the price could rise in near future
Answer:
A. dividendsminus−received deduction.
Explanation:
This allows companies to avoid mostly third taxes on the same earnings.
It is explained to be a federal tax deduction in the U.S. that is given to certain corporations that get dividends from related entities. The amount of the dividend that a company can deduct from its income tax is tied to how much ownership the company has in the dividend-paying company. However, there are criteria that must be met in order to qualify for a DRD.
The dividends received deduction allows a company that receives a dividend from another company to deduct that dividend from its income and reduce its income tax accordingly.
Answer:
0.8
Explanation:
Given:
Number of chips contained in each box = 10
Weight of each packet of chips = 3 ounce
Average weight per box = 853 grams
Upper specification limit of the weight = 846 + 12 grams = 858 grams
Lower specification limit of the weight = 846 - 12 grams = 834 grams
Standard deviation, σ = 5 grams
Now,
Capability index =
or
Capability index =
or
Capability index = 0.8