Answer:
$17,122
Explanation:
As for the details provided it is obvious that Giancarlo will either buy Suzuki XL7 or will continue with the old car.
In case of buying Szuki XL7 he will sell the old car.
And all the amount received from such sale will be utilized in buying the new car.
Initial investment = Net amount to be paid for acquisition, but do not include any future maintenance amount.
The amount shall be:
Negotiated price + Taxes - Amount from sale of old car
= $24,675 + $1,732 - $9,285 = $17,122
Answer:
Star in BCG matrix
Explanation:
BCG matrix is a system that helps the organization to decide on product sales, investment, etc. In BCG matrix, the product is divided into four types: dog, cash cows, stars and question marks.
stars - it is the type of product that makes high market share and growth. These produced large income but also require high investment
Answer: d) Dividends cause equity to decrease.
Explanation:
Dividends are payments to shareholders as a way of sharing the profit that the company made with its owners. Net profit is added to the Equity of company.
In other words, dividends cause equity to decrease because they are taken from Retained Earnings (net income) which are added to Equity. By reducing the amount of Retained earnings available therefore, dividends are reducing Equity.
Answer:
d. Work in Process 150,000 DEBIT
Wages Payable 150,000 CREDIT
Explanation:
The direct labor will the wages accrued for production orders. The general factory use will be part of the actual factory overhead. It should not be considered as direct labor. It is indirec tlabor, a component of manufactring overhead.
We debit work in process as it represent an assets, these units will be finished, sell and collected; completing the conversion cycle of assets.
While the wages are credited as thy represent an obligation to pay (liabilties)
