Answer:
$4,000
Explanation:
The computation of the cash to be required to settle the liability is shown below:
= Purchase value of inventory - returned inventory which was purchased
= $5,000 - $1,000
= $4,000
It is a net purchase plus it is the cash required to settle the liability
There is no discount applied in the question as dates are not given so we ignored it.
Answer:
$25,000
Explanation:
The computation of the adjusted balance of retained earning is shown below:
Since the depreciation expense is overstated on 2019 which decreased the earnings so it would be added
Since the depreciation expense is understated on 2020 which increased the earnings so it would be deducted
And, the ending inventory for 2020 is understated which decreased the earning so it would be added
Therefore, the adjusted balance is
= $24,000 - $4,000 + $5,000
= $25,000
Answer:
d. $2,950,000
Explanation:
The computation of amount of research and development costs charged is shown below:-
Amount of research and development costs = Direct materials + Personnel cost + Consulting fee paid to outsiders + Indirect costs + Depreciation
= $995,000 + $795,000 + $345,000 + $270,000 + $545,000
= $2,950,000
Therefore for computing the amount of research and development costs we simply applied the above formula.
Answer:
b. Develop and present financial planning recommendations.
Explanation:
Since in the question it is mentioned that there is a recommendation for buying a personal liability with respect to the umbrella policy so in the steps of the financial planning process, the step that should be considered is to develop & present the recommendation with regard to the financial planning as the financial planning is important than can save your future
hence, the correct option is B.
Answer:
Implied demand uncertainly resulting uncertainty for the supply chain given the portion of the demand, the supply chain must handle & attributes the customer desires.
Explanation:
Implied demand uncertainly resulting uncertainty for the supply chain given the portion of the demand, the supply chain must handle & attributes the customer desires.
- It is related to customer needs & product attributes.
- The level of implied demand uncertainly of jasmine rice is low, because the demand& supply of jasmine rice is predictable
- The jasmine rice has low contribute margin, accurate demand forecasts, low stock out rates and virtually no markdown.
- These characteristics match well with Fisher’s chart of characteristics for product with highly certain demand.
