The correct answer is option (b) False.
Differentiation:
Differentiation is a technique for determining a function's derivative. Differentiation is a mathematical procedure for determining the instantaneous rate of change of a function depending on one of its variables.
Explanation:
Given:
A statement is given "If f is continuous on
[a,b], then ddx(∫baf(x)dx)=f(x)".
The objective of the question is to determine whether the statement is true or false and why.
It is known that the value of a definite integral of a function is always a constant. So, ∫baf(x)dx
is a constant.
It is also known that the derivative of a constant is always equal to 1. Therefore, the correct equation is ddx(∫baf(x)dx)=1.
Thus, the given statement is false.
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Answer:
The amount of current assets are $252,000
Explanation:
Current assets: The current assets are those assets who are converted into cash within one year. Like - accounts receivable, cash, inventory, prepaid insurance, etc.
The total amount of the current assets are shown below:
= Accounts receivable + Cash + Inventory + Short-term investments + Prepaid insurance
= $100,000 + $70,000 + $80,000 + $2,000
= $252,000
The other items represent current liabilities, long term liabilities, intangible assets, and the fixed assets so, we do not consider them in the computation part.
Answer:
Option (c) is correct.
Explanation:
Given that,
Raw materials on hand = $32,000
Purchased an additional raw materials = $78,000
During November,
Raw materials were requisitioned = $95,000
Totaled indirect materials = $3,000
The journal entry is as follows:
Work in process inventory (95,000 - 3,000) A/c Dr. $92,000
Manufacturing overhead A/c Dr. $3,000
To Raw material A/c $95,000
The work in process is debited by $92,000 and raw material is credit by $95,000.
Answer:
d. buyback
Explanation:
The scenario that is being described is a form of countertrade known as buyback. There are two reasons why this usually happens. The first is that the manufacturing company has limited access to liquid funds in the country which they are currently located and the goods provide better value. The second circumstance would be that they believe that the product being produced will increase in value and their profits will increase by holding the product as opposed to liquid funds.
The firm is probably at its early stages of development, and is struggling to break even.
