Answer and Explanation:
A net loss for the year. (Increase) I
A stock split effected in the form of a stock dividend. (decrease) D
A stock split in which the par per share is reduced (but not effected in the form of a stock dividend). (No effect) N
Declaration of a 5% stock dividend. (Decrease) D
Declaration of a cash dividend. (Decrease) D
Issue stock for noncash assets. (No effect) N
Payment of previously declared cash dividend. (No effect) N
Retirement of common stock at a cost greater than the original issue price. (Decrease) D
Retirement of common stock at a cost less than the original issue price. (No effect) N
Resale of treasury stock for less than carrying value assuming no previous treasury stock sales. (Decrease) D
FOB Destination describe goods whose risk will be catered by Seller until being delivered to the buyer.
FOB Destination is an acronym for "Freight on Board" Destination
- The FOB Destination is a <em>marine term</em> used to describes that legal title of goods belongs to the Seller until they are delivered to buyer.
- In other word, its means that seller of a product owns the risk of loss on a goods until its is delivered to the buyer.
In conclusion, the term states that the goods are owned by the buyer as soon as it is not delivered to the buyer.
Read more on FOB Destination here
<em>brainly.com/question/15102930</em>
The types of insurance that need to be taken by Javier concerning the installation and maintenance of elevators are as follows:
- General liability insurance
- Professional liability insurance
- Worker's compensation insurance
- Commercial property insurance
<h3>What is insurance?</h3>
Insurance is an agreement where the insurance company provides protection to the insured person in respect of the said event as written in the agreement.
The insurance policies to be taken by Javier in respect of its elevator business are as follows:
- General liability insurance: It provides indemnification from the specified risks like injuries, damage to any property, medical bills, etc.
- Professional liability insurance: It provides indemnification amounts to professionals who are good at installing and maintaining elevators.
- Worker's compensation insurance: It gives insurance cover in the form of payments of medical bills, lost wages, disability benefits, etc. to the employees in an injury or illness suffered at the workplace.
- Commercial property insurance: It provides insurance cover for all the goods or property needed to start the elevator business in case of theft, fire, or any natural calamity.
Therefore, the insurance covers relating to General liability, workers' compensation, professional liability, and commercial property have to be taken by Javier before starting the business.
Learn more about the insurance in the related link:
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Answer:
$160 overapplied
Explanation:
Icy Mocha company estimates it's factory overhead costs to be $35,000 and machine hours to be 5,000 for a period of one year.
The actual number of hours worked on job 333 and 334 equals a total of 4,980
The actual factory overhead costs are $34,700
The first step is to calculate the predetermined overhead rate
= Overhead costs/machine hours
= $35,000/5,000
= $7
The amount of either over or underapplied factory costs can be calculated as follows
= predetermined overhead rate×actual number of hours worked
= $7×4,980
= $34,860
The amount is then subtracted from the actual overhead costs
= $34,700-$34860
= -$160
= $160 overapplied
Hence the amount of overapplied factory overhead is $160
Answer:
d) 110; 180
Explanation:
Price ceilings is put in place to ensure a price does not rise above a particular level.
When a price ceiling is below the equilibrium price, the quantity demanded for will e greater than quantity supplied, and excess demand will arise.
original equilibrium of $12
180 units would be exchanged in a free market (when equilibrium price is $12), and 110 units would be exchanged with the price ceiling in effect.
