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3 years ago

The chance of receiving an actual return that differs from the one that is expected is called _____.

1 answer:

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The answer in the space provided is risk. The risk that is received is considered by variability that may vary from a negative outcome or positive outcome in which are being assessed and are being evaluated in order to know them.

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Doyle Company issued $226,000 of 10-year, 5 percent bonds on January 1, Year 1. The bonds were issued at face value. Interest is

Thepotemich [5.8K]

Answer:

Dr cash $226,000

Cr Bonds payable $226,000

31st December year 1

Dr cash $74,000

Cr Lease revenue $74,000

Dr interest expense $11,300

Cr Cash $11,300

31st December year 2

Dr cash $74,000

Cr Lease revenue $74,000

Dr interest expense $11,300

Cr Cash $11,300

Explanation:

Upon the receipt of $226,000 from bond issue,cash acount would be debited with $226,000 and bonds payable account would be credited with the same amount.

When land purchased,the land account is debited with $226,000 and cash is credited with $226,000.

The receipt of $74,000 from lease rental means that cash is debited and the lease revenue is credited.

The coupon interest on the bonds=$226,000*5%=$11,300

The coupon interest is debited to interest expense and credited to cash in each of the two years.

find attached t accounts.

Download xlsx

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3 years ago

Nico Corporation has cost of goods sold of $300,000 and inventory of $30,000, then the inventory turnover is ________ and the av

Xelga [282]

Answer:

Invnetory TurnOver 10

Average inventory 36.5

Explanation:

$\frac{COGS}{Inventory} = $TO Inventory\\$

300,000 / 30,000 = 10

The company sales his inventory 10 times per year

In some cases, we are given with a beginning and ending inventory.

For those, we calculate the average inventory:

(beginning + ending)/2

$\frac{365}{Inventory \: TO} =$average age$

365/10 = 36.5

The average the inventory age is 36.5 days

365 are the days of the year, and the inventory Turnover are the times per year the inventory is being sold.

we divide one fro manother to get a metric in days of how much the invneotry is in store before being sold.

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3 years ago

Bike Atlanta currently produces 1,000 axles per month. The following per unit data apply for sales to regular customers: Direct

Ad libitum [116K]

Answer:

The total cost of producing 3,000 axles is $255,000

Explanation:

The computation of the total cost is shown below:

= Total per unit manufacturing costs × total number of axles produced

= $85 × 3,000 axles

= $255,000

The total manufacturing includes all costs such as Direct materials, direct manufacturing labor, Variable manufacturing overhead and, Fixed manufacturing overhead.

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3 years ago

As a judge in France, Maurice is not allowed to interpret the law but relies on a strict set of codes to determine the outcome o

alexdok [17]

Answer:

The correct answer is: Civil law system.

Explanation:

A civil law system is the type of legal regime in which the laws set must be literally followed in front of Court and cannot be modified in any sense by the judges. The role of judges under this regime is to dictate the facts of the trial and to come to a decision found in the civil law system.

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3 years ago

Concord Corporation has beginning work in process inventory of $164000 and total manufacturing costs of $486000. If cost of good

bazaltina [42]

Answer:

a. $190000.

Explanation:

begining WIP 164,000

Total cost added during the period <u> 486,000 </u>

total cost to be accounted for: 650,000

cost of goods manufactured <u> (460,000) </u>

ending Work In process 190,000

The ending WIP will be the cost of the unfinished goods.

The beginning and the cost added during the period, will be the total cost to be accounted for.

Then the cost of goods manufactured is subtracted as, these are transferred-out to finished goods.

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3 years ago