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jasenka [17]
3 years ago
10

A post-closing trial balance:

Business
1 answer:
OLEGan [10]3 years ago
3 0

Answer:

Answer is option C, i.e. is a list of all accounts and their balances after closing entries.

Explanation:

A post-closing trial balance is the third and last type of trial balance that contains a list of all the accounts that have been created and also all the balances even after the closing entry has been made. This is made after the closing entries have been made in the journal and posted to the ledger.

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Outside directors are defined as
Westkost [7]

Answer:

B) individuals on the board who are not employed by the board's corporation.

Explanation:

The outside director are those director who are not employee of the company they only receive their fee per meeting. These directors are also known non executive director. Their objective is to protect the interest of shareholders by supervising different fiction of business and ensure that shareholder's interest is safe.

8 0
3 years ago
A lawn maintenance company compares two ride -on mowersthe Excelsior, which has an expected working-life of six years, and the G
Fofino [41]

Answer:

A) The mower is only expected to be needed for three years.

Explanation:

Excelsior is surely more expensive than the Grassassinator, due to its longer working life. Therefore, it is essential to examine the period of use of the lawn mower. There is absolutely no need to invest in a long-running lawn mower if it is going to be needed twice less the time. In this case, it would be more financially efficient to invest in the Grassassinator.

6 0
3 years ago
2. Sunshine Bakery bakes 660 loaves of bread each day and estimates that 10% of the bread will go stale before it is
Alisiya [41]

Answer:

$0.79

Explanation:

The Bakery bakes 660 loaves of bread

The cost of baking one bread= $0.46

The total cost of baking all loaves of bread

= $0.46 x 660

=$303.60

The desired mark up is 55% of cost

=55% of $303.60

=55/100 x $303.60

=0.55 x $303.60

= $166.98

Desired revenues = $166.98 +$303.60

=$470.58

The number of sellable breads= 660 - (10% of 660)

=660-66

=594

Desired income is $470.58; sellable output is 594.

price per bread should be

=$470.58/594

=$0.79222

Price per bread = $0.79

3 0
2 years ago
An investor purchases a stock for $52 and a put for $0.60 with a strike price of $50. The investor sells a call for $0.60 with a
Nutka1998 [239]

Answer:

Maximum profit = $6

Maximum loss = -$2

Explanation:

The computation of maximum profit and loss for this position is shown below:-

Maximum profit = Strike price - Purchase of stock

= $58 - $52

= $6

Maximum loss = Strike price - Purchase of stock

= $50 - $52

= - $2

Therefore for determining the maximum profit and loss for this position we simply applied the above formulas.

6 0
3 years ago
Chipper Corporation realized $1,000,000 apportionable taxable income from the sales of its products in States X and Z. Both stat
SIZIF [17.4K]

Answer:

a. $0

Explanation:

The business would not be subject to taxation in a state until nexus is established; thus the Chipper’s Apportionable income <u><em>(which means income of any class or type or any activity, that fulfils the connection or criteria described either in the "functional test" or "transactional test,”.)</em></u>  that is taxed by X equals $0

6 0
3 years ago
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