Answer:
The correct answer is: Operating budget.
Explanation:
An operating budget is an estimate a business make of the expenses and revenue it plans to book in its ongoing operations. Operating budgets can also be used to forecast future operating corporate periods. This type of budget mainly includes the <em>number of sales expected in dollars</em>, <em>fixed and variable costs</em> as well as <em>operating expenses</em> such as loan payments or depreciation.
Answer:
$1799280
Explanation:
EXISTING WORKFORCE = COMPLEMENT = 392 (SEE SECOND ROW, FOURTH COLUMN)
COMPANY WANT TO REDUCE THE SIZE BY 10%
SO NEW WORKFORCE = 392 -10% = 392-39.2 =352.8
SO TOTAL SEPARATION COST = NEW WORKFORCE X COST PER EMPLOYEE
TOTAL SEPARATION COST = 352.8 x (100 + 5000) =$1799280
Answer:
Option D) 1,200 shares held at a cost basis of $37.50 per share
Explanation:
Data provided in the question:
Number of shares of ABC stocks purchased by the customer = 1,000
Price per share of ABC stock = $44
Commission paid = $1.00 per share
Stock dividend declared = 20%
Now,
The Payment of a stock dividend will increase the number of shares held by the investor
also,
each share is theoretically worth less after the stock dividend is paid.
Therefore,
The number of shares customer will have = Shares purchased × (1 + Dividend declared)
= 1000 × ( 1 + 0.20)
= 1200 shares
Also,
Cost basis for the share = Selling price + Commission
= $44 + $1
= $45
Thus,
The adjusted cost basis = $45 ÷ 1.20
= $37.50 per share
Hence,
Option D) 1,200 shares held at a cost basis of $37.50 per share
Answer:
gain on disposal 30,000
Explanation:
First we do the numbers for the old truck:
Asset 140,000
Acc Dep 80,000
Book Value 60,000
Now, becuase there are commercial subtance we will recognize the dgain or loss at disposal.
Total given-up for the tow truck
bake tow truck 100,000
cash <u> (10,000) </u>
Baker valuation of our truck 90,000
book value (60,000)
gain on disposal 30,000
<u>journal entry</u>
tow truck 100,000
acc dep delivery truck 80,000
cash 10,000
delivery truck 140,000
gain on disposal 30,000
Answer:
ending finished inventory= $95,500
Explanation:
Giving the following information:
Beginning inventory= $24,500.
Purchases= $140,000
Cost of goods sold of $69,000
To calculate the ending inventory, we need to use the following formula:
COGS= beginning finished inventory + cost of goods purchased - ending finished inventory
69,000= 24,500 + 140,000 - ending finished inventory
ending finished inventory= 164,500 - 69,000
ending finished inventory= $95,500
