Answer:
interest expense = $150
Explanation:
the journal entry to record accrued interest:
December 31, 2018, accrued interest from note payable
Dr Interest expense 150
Cr Interest payable 150
interest expense = principal x interest rate x time = $5,000 x 6% x 6/12 = $150
Answer:
-2, 4 and -8
Explanation:
Given the nth term of a GP expressed as;
When n = 1
when n = 2
when n = 3
Hence the first three terms of the sequence are -2, 4 and -8
A computer worker i guess
hope that helps
plz choose me as brainiest question of alll sorry words may be wrong texting on brand new iphone 6 broke iphone 5s
Answer:
b. Only Emerald Corporation's current ratio will be increased.
Explanation:
Given that
Emerald current ratio is
= 0.5 i.e. = 0.5 ÷ 1
now in case when the current liability is doubles , so the current assets is
= 0.5 + 1 = 1.5
And, the cuurrent liabilities is
= 1 + 1
= 2
so new ratio is
= 1.5 ÷ 2
= 0.75
Now
Ruby current ratio is
= 1.5
i.e. = 1.5 ÷ 1
Now in case when the current liability is doubled,
the current assets is
= 1.5 + 1
= 2.5
And, current liabilities is
= 1 + 1
= 2
Now new ratio is
= 2.5 ÷ 2
= 1.25
Therefore the emerald current ratio is rised from 0.5 to 0.75
And, the Ruby's ratio has decline from 1.5 to 1.25
Answer:
The ABC overhead for a Deluxe kayak will be $170.93
Explanation:
We are going to divide the overhead cost over the cost driver of each activity.
![\left[\begin{array}{cccc}-&Overhead&Total&Rate\\fabric&246,000&10,000&24.6\\assembly&144,000&32,000&4.5\\setup&110,000&15&7,333.33\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D-%26Overhead%26Total%26Rate%5C%5Cfabric%26246%2C000%2610%2C000%2624.6%5C%5Cassembly%26144%2C000%2632%2C000%264.5%5C%5Csetup%26110%2C000%2615%267%2C333.33%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Now we apply the rate to Deluxe Kayak:
![\left[\begin{array}{cccc}-&Rate&Deluxe&Overhead\\fabric&24.6&10,000&246,000\\assembly&4.5&24,000&108,000\\setup&7,333.33&10&73,333.33\\Total&-&-&427,333.33\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D-%26Rate%26Deluxe%26Overhead%5C%5Cfabric%2624.6%2610%2C000%26246%2C000%5C%5Cassembly%264.5%2624%2C000%26108%2C000%5C%5Csetup%267%2C333.33%2610%2673%2C333.33%5C%5CTotal%26-%26-%26427%2C333.33%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Finally we divide the overhead for Deluxe between the units produced
427,333.33/ 2,500 = 170.933 = 170.93
