Answer:
The $160,000 will be reported on the December 31, 2016, balance sheet as accounts payable
Explanation:
Account payable: The account payable is the amount in which the purchase of an item on a credit basis is recorded and the payment is to be made at the later date. It has come under the current liabilities on the balance sheet side.
In the given question, the purchase of inventory is made for $160,000 on a credit basis. Along with it, the receipt is also taken from the supplier. So, the same amount i.e $160,000 will be recorded in accounts payable
Answer:
Comparative Advantage: A country has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity in terms of other commodity is lower in that country as compared to the other country.
For determining comparative advantage, countries compare their good's opportunity cost with the other country's goods opportunity cost.
Answer:
The interpretation of the discussion is characterized throughout the explanation segment below.
Explanation:
- Concentrate on an investigation as well as implementation or enhancement as something with a category or manner of price-free competitive advantage.
- With more than just related diversification, there is much less inflationary pressure as well as the corporation or manufacturer should start concentrating on non-price competitive advantage throughout the opportunity to expand mostly on the supply chain.
So the answer here is just the appropriate one.
Answer and Explanation:
The computation of the equivalent units of production for both material and the conversion cost is shown below:
Particulars Materials Conversion costs
Unit transferred out 9,700 9,700
Add:
Ending work in process 8,300 3,818
(8300 × 100%) (8,300 × 46%)
Total equivalent unit 18,000 13,518
Answer:
the answer is B
Explanation:
why ? most of the company's care about the customer , but it depends how big is their market and also what they are offering , so the small restaurants or even dry cleaners , their business are not without huge demand , the customer and the restaurant have a low contact, or the usually use a complaints and claims box where the customer can express your opinion of the restaurant service.
