Answer:
Dr Unearned revenue, $20,000
Cr Revenue, $20,000
Explanation:
Based On the information given if on June 30, the company paid Denver Insurance Company the amount of $40,000 for one year’s worth of insurance. Which means that adjusting entry that should be recorded by Denver Insurance Company on December 31 will be
Dr Unearned revenue, $20,000
Cr Revenue, $20,000
($40,000*6/12)
Answer:
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Explanation:
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Answer:
C) 200 percent profit; 100 percent loss.
Explanation:
There is a 50% chance that the company will make profit (20% profit) and 50% chance that it will lose money (20% loss).
Balin borrows $90 and invests $10 from his own money.
50% profit chance = $120 - $90 = $30 (200% profit)
50% loss chance = $80 - $90 = -$10 (100% loss)
Answer:
C. retailers, manufacturers, or distribution specialists.
Explanation:
A distribution center is part of the supply chain system but inclines more on the value delivery network side. Unlike a warehouse, whose primary function is storage, a distribution center will do storing and perform other value-added services. A distribution center does packaging, product mixing, and order fulfillment.
Retailers, distribution specialists, wholesalers, and manufacturers operate the distribution center. A distribution center is more focused on serving the customer and hence forms a bridge between a manufacturer and his customers. They add value by meeting customer requirements effectively. As part of the logistics system, the center is owned by other entities other than producers. Larger scale retailers and wholesalers run the majority of distribution centers. However, some producers do run their distribution centers.
Answer:
The production capacity the manufacturer should reserve for the last day = 206.00 units.
Explanation:
Normal production = 1000 X $ 10
Normal production = $ 10,000
Spot production = 1,000 X $ 15
Spot production = $ 15,000
p* = 15,000 - 10,000 / 15,000
p* = 0.33
Q = norminv(0.33,250,100)
The production capacity the manufacturer should reserve for the last day = 206.00 units