Answer:
$30,000
Explanation:
A supplemental disclosure of cash flow information requires that all the cash paid in interest during the period must be disclosed.
In Ash's case:
beginning balance interest payable account $15,000
+ interest expense during the year $20,000
<u>- ending balance interest payable account ($5,000) </u>
supplemental disclosure = $30,000
Hello!
I believe the correct answer would be: C. Comprises a group of countries that remove trade barriers among themselves.
I hope you found this helpful! c:
Answer:
The correct answer is option (b) Little capital
Explanation:
Solution
With a little capital this will help Lily to choose a sole proprietorship organization for her business. a sole proprietorship can begin with a little capital.
The option (a) is not correct as possession of a partner will not lead her to start a sole proprietorship business.
Also the option (c) is not correct the avoidance of personal liability is not the reason because in sole proprietorship, Lily will be liable for her debts.
Answer:
Company shall rework on the cell phones.
Explanation:
In the given case we will do the comparison of the rework with the scrap.
In case of rework:
Total cost = $67 of manufacturing + $90 of rework = $157 each unit
Selling price then would be = $134 each
Loss on per unit = $157 - $134 = $23 on each cell phone.
In case no rework is done and the mobile phones are sold in scrap then the cost associated = $67 each
Value for sale = $33 each
Loss per unit on such sale = $67 - $33 = $34 each unit.
Since there is plenty of idle capacity the company in order to decrease the loss from selling these defective cell phones, the company shall rework on the phones, as loss in this case will be $34 - $23 = $11 per cell phone less than the loss in case of scrap sale.