C. Stockholders. They buy parts of the company
Answer:
C. Pillar's original cost less Salt's recorded gain
Explanation:
For physical assets, that is in the form of machineries or computer hardware or in this case, equipment, we can calculate the carrying cost to be the original cost minus accumulated depreciation.
in answer to this question, the carrying amount of the equipment should be reported at <u>Pillar's original cost less Salt's recorded gain.</u>
Answer:
Ending inventory $210
Explanation:
Perpetual inventory system:
<u>Cost of Goods Sold and ending inventory are calcualte after every sale.</u>
Inventory available at the moment of sale:
Beginning inventory of 15 units at a cost of $12 = $180
June 5, Jacobs purchased 10 units at $13 per unit = $130
On June 12, it purchased 20 units at $14 per unit = $280
<em>units for sale: 45 cost of goods available for sale 590</em>
we sold 30 units. Units at ending Inventory: 45 - 30 = 15
<u>We are asked for FIFO method:</u>
first units are sold and <u>newest are inventory</u> so, ending invenotry will be compose of units fro mthe nearest purchase which is June 12th
15 units x $14 each = $ 210
This is known as Data Visualization
Interest charges on notes payable may be based on a fixed or variable interest rates.
A fixed interest rate does not change the interest amount charged over the length of the loan. With a fixed interest rate borrows can predict their payments.
A variable interest rate can change during the course of the length of the loan. The market can determine the change in interest rate and it is hard to accurately determine your payment for the length of the loan.
