It is safe to use your bright headlights if there is a car ahead of you within 300 feet. True or False?

[The following information applies to the questions displayed below.]

gavmur [86]

Answer:

sup

Explanation:

i know

3 0

3 years ago

On August 1, Greene Company purchased merchandise inventory on account with a list price of $25,000 and credit terms of 2/10, n/

Alekssandra [29.7K]

Answer:

August 1, merchandise purchased on account 2/10, n/30

Dr Merchandise inventory 25,000

Cr Accounts payable 25,000

Explanation:

If Greene paid within the discount period, the journal entry to record the payment would be:

August 2-11, payment of accounts payable

Dr Accounts payable 25,000

Cr Cash 24,500

Cr Purchase discounts 500

If Greene didn't paid within the discount period, the journal entry to record the payment would be:

August 20, payment of accounts payable

Dr Accounts payable 25,000

Cr Cash 25,000

5 0

3 years ago

Red Raider Company uses a plantwide overhead rate with direct labor hours as the allocation base. Next year, 560,000 units are e

andrew11 [14]

Answer:

d. $11.11 per unit

Explanation:

Plant wide overhead rate = Total manufacturing cotsts / Total direct labor hours

Plant wide overhead rate = ($2,530,000 + $900,000) / (168,000+110,000)

Plant wide overhead rate = $3,430,000 / 278,000

Plant wide overhead rate = $12.34 per DLH

Overhead cost per unit = Plant wide overhead rate * Direct hours per unit

Overhead cost per unit = $12.34 * 0.90

Overhead cost per unit = $11.11 per unit

7 0

3 years ago

In a merger or acquisition, an asset should be acquired if it: is a firm in the same line of business in which the acquirer has

Scorpion4ik [409]

It generates a positive net present value to the shareholders of an acquiring firm.

<h3>Why Do Companies Merge With or Acquire Other Companies?</h3>

Mergers and acquisitions (M&As) are the acts of combining two or more companies or assets in order to stimulate growth, gain a competitive advantage, increase market share, or influence supply chains.

KEY LESSONS

Mergers and acquisitions (M&As) are the acts of combining two or more companies or assets in order to stimulate growth, gain a competitive advantage, increase market share, or influence supply chains.

A merger is the joining of two companies in which one of the companies ceases to exist after being absorbed by the other.

A merger occurs when one company acquires a majority stake in the target company, which keeps its name and legal structure.

To learn more about merger and acquisition from the given link

brainly.com/question/14195407

#SPJ4

4 0

2 years ago

Sink and Tap Inc. is looking at a 4-year project for making taps. Initial investment in equipment will be $754,000. Each unit wi

podryga [215]

Answer:

the present value break-even point in units per yea is 4680 units. the option (d) is correct

Explanation:

Solution

Given that:

The initial cash flow = $754,000

The project life is = four years

Thus,

Contribution = sales - variable costs

So,

Sales = quantity * the price

Let the Quantity be Y

$230 Y - $102.40 Y

=127.60 Y

Now,

The operating income = Contribution -fixed costs

which is,

127. 60 Y- (Other depreciation or decrease + decrease)

127. 60 Y- ( $333,000 + ($754,000/4))

= 127. 60 Y- ( $333,000 + $188,500)

Thus,

127. 60 Y - $521, 500

Now,

Tax rate at 21% on operating income is =26.796 Y - 109. 515

The profit after tax = operating income - tax

(127. 60 Y - $521, 500) -(26.796 Y - 109. 515)

= 100.804 Y - 411, 985

Additional depreciation = $188, 500

The operating cash inflow per year = 100.804 Y - 411, 985 + $188, 500

Thus,

The PVAF for 12 years , 4% = 3.037349

PV of operational cash inflow = 306.18 Y - 678, 802.02

However,

For the break even point: the initaila cash flow = The PV of functioning or operational cash inflow

So,

306.18 Y - 678, 802.02 =$ 754,400

306.18 Y = 1, 432, 802.02

Y = 4680 Units

6 0

3 years ago