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1 year ago

A __________ is a person or organization that maintains a business relationship with, and uses service from, cloud providers.

1 answer:

3 0

A cloud consumer is a person or organization that maintains a business relationship with, and uses service from, cloud providers.

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Assume that on September 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual i

White raven [17]

Answer and Explanation:

The journal entries are shown below:

1. Merchandise Inventory $1,620

To Accounts Payable $1,620

(Being the calculators purchased on account)

2. Merchandise Inventory $50

To Cash $50

(Being freight expenses paid for cash)

3. Accounts Payable $38

To Merchandise Inventory $38

(being the returned inventory is recorded)

4. Accounts Receivable $690

To Sales Revenues $690

(Being the sales is recorded)

Cost of Goods Sold $520

To Merchandise Inventory $520

(Being the cost is recorded)

5. Sales returns $45

To Accounts Receivable $45

(being the sales return is recorded)

Merchandise Inventory $34

To Cost of Goods Sold $34

(Being the cost of returned is recorded)

6. Accounts Receivable $760

To Sales Revenues $760

(being the sale is recorded)

Cost of Goods Sold $570

To Merchandise Inventory $570

(Being the cost is recorded)

4 0

3 years ago

Bens Corporation has three service departments (Repairs, HR, and IT) and two production departments (M1 and M2). The following u

DochEvi [55]

Answer:

Bens Corporation

Allocation of Service Departments' Direct Costs:

Repairs HR IT M1 M2 Total

Direct costs $36,000 $55,600 $81,000 $172,600

Step allocation:

HR direct costs 5,560 -55,600 11,120 19,460 19,460 0

IT costs 0 0 -92,120 20,471 71,649 0

Repairs costs -41,560 0 0 16,624 24,936 0

Total costs allocated 0 0 0 $56,555 $116,045 $172,600

Explanation:

a) Data and Calculations:

Usage data:

Repairs HR IT M1 M2

Repairs 0% 0% 40% 60%

HR 10% __ 20% 35% 35%

IT 0% 10% __ 20% 70%

HR Costs = $55,600:

Repairs = $5,560 ($55,600 * 10%)

IT = $11,120 ($55,600 * 20%)

M1 = $19,460 ($55,600 * 35%)

M2 = $19,460 ($55,600 * 35%)

IT costs = $92,120:

Repairs = $0 ($92,120 * 0%)

M1 = $20,471 ($92,120 * 20/90)

m2 = $71,649 ($92,120 * 70/90)

Repair costs = $41,560:

M1 = $16,624 ($41,560 * 40%)

M2 = $24,936 ($41,560 * 60%)

4 0

3 years ago

Read 2 more answers

Project A requires a $ 385,000 initial investment for new machinery with a five year life and a salvage value of . The company u

Papessa [141]

Answer:

4.2 years

Explanation:

Here is the complete question

Project A requires a $ 385,000 initial investment for new machinery with a five year life and a salvage value of $44,000. The company uses straight - line depreciation . Project A is expected to yield annual net income of $ 23,100 per year for the next five years.

Required:

Compute Project A's payback period.

Payback = amount invested / cash flow

cash flow = net income + depreciation

depreciation = (cost of asset - salvage value) / useful life

(385,000 - 44,000) / 5 = 68,200

Cash flow = 68,200 + $ 23,100 = 91300

$ 385,000 / 91300 =4.2

6 0

3 years ago

You just won $30,000 and deposited your winnings into an account that pays 3.9 percent interest, compounded annually. how long w

ruslelena [56]

For this case we have an equation of the form:
$y = A * (b) ^ x
$
Where,
A: initial amount
b: growth rate
x: number of years
Substituting values we have:
$y = 30000 * (1,039) ^ x
$
By the time the earnings increase to 75000 we have:
$75000 = 30000 * (1,039) ^ x
$
From here, we clear x:
$(1,039) ^ x = (75000/30000)

log1.039 ((1.039) ^ x) = log1.039 ((75000/30000))

$
$x = log1.039 ((75000/30000))

x = 23.95 years$
Answer:
you will have to wait until 23.95 years your winnings are worth $ 75,000

7 0

4 years ago

The Pennsylvania Turnpike is a tolled freeway running through the state of Pennsylvania. Motorists must pay tolls at various poi

slamgirl [31]

Answer: Private good

Explanation:

According to the given scenario, the Pennsylvania Turnpike is classified the private type of good on the basis of given situation as private good is one of the type of goods that must be purchased by the customers due to its positive advantages or benefits.

The private goods are consumed by the customer in maximum amount in the market as it is one of the essential type of good as it is Rivalry and excludability.

The following are some example of the private goods are as follows:

Food
Clothes
Fresh air
Knowledge

Therefore, Private good is the correct answer.

4 0

4 years ago