Answer:
Explanation:
The journal entry is shown below:
Unrealized holding gain or loss A/c Dr $45,500
To Estimated liability on purchase commitments A/c $45,500
(Being the unrealized gain or loss is recorded)
The computation of the unrealized gain or loss is shown below:
= Purchase price of raw material - market value
= $1,024,100 - $978,600
= $45,500
Answer:
See below
Explanation:
The percentage allocated to each socially responsible action
1. pollution control
Pollution control has been allocated is $37,000
As a percentage
= $37,000/$750,000 x 100
=0.0493333 x 100
=4.933%
2. Community project
community project has been allocated $22,500
As a percentage
= 22,500/750,000 x 100
=0.03 x 100
=3%
3. Employee fitness
The amount allocated to employee fitness is $7500
As a percentage
=$7500/$750,000 x 100
=0/01 x 100
=1%
4. The total amount spent is
=, $37,000 +$22,500 +$7,500.
=$67,000
<span>Your second sentence is indeed the claim, "A maker of frozen meals claim that the average caloric content of its meals Is not 400."
Now you can talk about your null and alternative hypotheses (H0 and Ha respectively). Since your null must contain an equals sign it will be H0 = 400. Your alternative will be testing the claim and therefor read Ha ≠400</span>
<u>Explanation:</u>
Given
Consumption = (10 x 30) = 300
Investment = (100 x 2) = 200
Government Spending = (500 x 1) =500
13. Total GDP for this economy = Consumption + Investment+ Government spending
=(10 x 30) + (100 x 2) + (500 x 1)
=$1000
14. Consumption % on GDP
= Consumption/ Total GDP x 100
=(300/1000) x 100
= 30%
15. Investment % in GDP
= Investment / Total GDP x 100
=(200/ 1000) x 100
=20%
16. Government spending % on GDP
=Government spending/ Total GDP x 100
=(500/1000) x 100
=50%
Answer:
$130,000
Explanation:
Sarah is making use of the needs approach to determine how much life insurance to buy
The first step is to calculate the total amount of life insurance
Total amount of life insurance = Total needs - total assets
Total need = income needs + cash needs + special needs
= $140,000 + $30,000 + $100,000
= $270,000
Total assets= retirement plan + bank account + investment account
= $30,000 + $20,000 + $40,000
= $90,000
Total amount of life insurance = $270,000-$90,000
= $180,000
Since Sarah is covered by $50,000 group insurance by her employer then the additional life insurance that should be purchased can be calculated as follows
= $180,000 - $50,000
= $130,000
