Equilibrium price because that's where they are at the same point meaning everything is equal.
Noncash items, nonoperating items, and changes in current assets and liabilities are necessary adjustments to <u>net income</u>
In accounting, noncash objects are monetary gadgets which include depreciation and amortization which can be protected inside the enterprise' internet profits, but which do now not have an effect on the coins go with the flow.
Those non-coins sports may additionally include depreciation and amortization, in addition to obsolescence. Property, plant and gadget resides on the balance sheet. Those items are taken at the earnings assertion in small increments called depreciation or amortization.
They ought to be incorporated within the assertion of coins flows in a phase classified, "Significant Noncash Transactions."
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Some of the likely things which a court would do if Tonya sues to enforce the contract are:
- 1. X not enforce the contract, because people are free to choose to whom they sell their property.
- 2. award monetary damages to Tonya.
- 3. require Shania to go through with the sale.
- 4. X grant specific performance by requiring Shania to find a comparable piece of land for Tonya at a comparable price.
<h3>What is a Contract?</h3>
This refers to the legally binding agreement which is entered by two or more parties based on terms and conditions.
With this in mind, we can see that because Shania wants to sell her lakefront to Tonya for $150,000 and they sign a contract but before they close the deal, Shania discovers that the property prices would go up and declines to sell.
In conclusion, if Tonya sues to enforce the contract, we can see that the contract would not be enforced, but Tonya would be paid monetary damages.
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Answer:
Results are below.
Explanation:
<u>To calculate the predetermined overhead rate, we need to use the following formula on each department:</u>
<u></u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
<u>Department D:</u>
Predetermined manufacturing overhead rate= 1,197,000 / 1,496,250
Predetermined manufacturing overhead rate= $0.8 per direct labor dollar
<u>Department E:</u>
Predetermined manufacturing overhead rate= 1,500,000 / 125,000
Predetermined manufacturing overhead rate= $12 per direct labor hour
<u>Department K:</u>
Predetermined manufacturing overhead rate= 720,000 / 120,000
Predetermined manufacturing overhead rate= $6 per machine hour
