Cost Principle,
<span>requires that assets be recorded at the cash amount (or its equivalent) at the time that an asset is acquired.</span>
Answer:
The correct answer is A
Explanation:
Transfer of value is the term which is defined or described as the rule that stipulate when any interest in the policy or the life insurance policy is transferred for something of value such as property and money. A portion of the death advantage is subject to be taxed on the ordinary income.
So, when the money or amount of money is paid if the change of ownership in the life insurance policy happen or occur, then it is usually known as the transfer of the value.
Given
$1.37 = share month
2.8 % increase
11.6 % returned
Find how much pay to purchase one share of this stock
$1.37 x 0.028 = 0.03836
$1.37+0.03836 = 1.40836
$<span>1.40836 x .116 = 0.16336976
$</span>1.40836+<span>0.16336976 = $1.57
The answer is $1.57 to purchase one share of this stock today.</span>
Your answer is...............d. If you were starting college all over again, what courses would you take?
Answer:
Actual overhead= $153,400
Explanation:
Giving the following information:
During the year the company's Finished Goods inventory account was debited for $360,000 and credited for $338,800. The ending balance in the Finished Goods inventory account was $36,600.
At the end of the year:
Manufacturing overhead was overapplied by $15,900.
If the applied manufacturing overhead was $169,300.
Because the manufacturing overhead was overapplied, we need to subtract from the applied overhead to determine the actual overhead.
Actual overhead= applied overhead - overapplied overhead
Actual overhead= 169300 - 15900= $153,400
