Answer:
true
Explanation:
Retained earnings and the return on stocks should always have the same cost because they both represent the return on stockholders' equity. When a firm earns a profit, it can either distribute the money as dividends or hold it in retained earnings for investing in future or current projects. But retained earnings is basically equity.
Answer:
Investments
Explanation:
If the note receivable is expected to be received in 12 then it is listed as a Current Asset else as Investments.
For further detail in how you can recognize Financial instrument ,please refer to the accounting rules for this type of accounts in https://www.iasplus.com/en/standards/ias/ias39
The price of gummy bears rises from $2.45 to $2.85, what is the price elasticity of demand of (i) sugar-free gummy bears and of (ii) ordinary gummy bears? Use the midpoint method and specify answers to one decimal place. Be sure to use the absolute value for the elasticity of demand.
Answer:
78,100 units
Explanation:
Calculation for the number of equivalent units produced by Department B
Using this formula
Department B Number of equivalent units =
Units finished and transferred from Department B to Department C + (Units that were started in Department B × Percentage completed)
Let plug in the formula
Department B Number of equivalent units= 67,000 units + (18,500 units × 60%)
Department B Number of equivalent units= 67,000 units + 11,100 units
Department B Number of equivalent units= 78,100 units
Therefore The number of equivalent units produced by Department B during the period was 78,100 units
