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3 years ago

What does the credit balance in the accumulated depreciation account represent?

1 answer:

3 0

The credit balance in the accumulated depreciation account represent: <span> the amount of depreciation taken in past years
In accounting, we must reduce the value every year we held an asset in order to show the true amount of the total asset values. This occurence is called a depreciation. If the amount of depreciation is add-up for several years, this account is called accumulated depreciation
</span>

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Donald and Charlene are married and do not have any children. They plan to ensure that the other will not be unduly burdened by

Bas_tet [7]

They are using the Dual income and no kids method

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3 years ago

Aberwald Corporation expects to sell 90,000 bags of lawn fertilizer annually. The optimal safety stock (which is on hand initial

UNO [17]

Answer:

Annual demand (U) = 90.000 bags

Cost of each bag = $1.50

Inventory carrying cost per unit(C) = $1.50 × 20% = 0 30

Ordering cost per unit (O) = $15

Part A)

$EOQ = \sqrt{\frac{2UO}{C}}$

$EOQ = \sqrt{\frac{2 * 90000 * 15}{0.30}}$

$EOQ = \sqrt{9000000}$

EOQ = 3,000

Part B)

Maximum inventory = EOQ + Safety inventory on hand

Maximum inventory = 3000 + 1000

Maximum inventory = 4.000

Part C)

Average inventory = Maximum inventory + Minimum or Safety /2

Average inventory = 4,000 + 1,000 / 2

Average inventory =2,500

Part D)

How often company order = Annual demand / EOQ

How often company order = 90,000 / 3.000

How often company order = 30

4 0

3 years ago

You are the newly assigned project manager for the James Madison construction project. To what document should you look for auth

Ipatiy [6.2K]

Answer:

The project Charter.

Explanation:

A project charter is a structured, generally short documents that outlines the project as a whole — including what the goals are, how it will be implemented, and who are the stakeholders. It is a crucial ingredient of project planning, since it is used throughout the life cycle of the project.

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3 years ago

A newspaper story on the effect of higher milk prices on the market for ice cream contained the following: "As a result [of the

antoniya [11.8K]

Answer:

The price elasticity of demand for icecream is -0.75, that means that is inelastic.

Explanation:

Price elasticity of demand measures the porcentage of the change in the demand when there is a change in the price. If the change in porcentage of the demand is less than the pocentage of change in the price we talk about inelastic demand. An increase in the price of inelastic goods will result in bigger revenues, as the porcentage in the drop of sales is less than the porcentage of increase in the price.

The formula is: % in change demand/% in change of price

-3%/4= -0.75

The minus symbol indicates that when the price rises the demand decrease.

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3 years ago

Suppose on august 27, there were 1,455 stocks that advanced on the nyse and 1,553 that declined. the volume in advancing issues

butalik [34]

Answer:

trim ratio = 1.15 and bearish

Explanation:

given data

stock = 1,455

decline = 1,553

volume in advancing issues = 852581

volume in declining issues = 1,058312

solution

we get here the trim ration is express here as

trim ratio = (stock ÷ decline) ÷ ( advancing issues ÷ declining issues ) ...............................1

put here value and we get trim ratio

trim ratio = $\frac{\frac{1455}{1553} }{\frac{852581}{1058312} }$

solve it we get '

trim ratio = 1.15

and here we see trim is greater than 1 so

it is bearish

4 0

3 years ago