Answer:
1.
Cash + Supplies = Accounts Payable + Pat Glen Capital - drawings + sales commission - Salaries Expense - Rent expense - automobile expense - supplies expense - misc expense
$25,000 + $1,850 = $1,850 - $1,200 + $25,000 - $4,000 + $41,500 - $5,000 - $3,600 - $3,050 - $900 - $1,600
Explanation:
Income Statement :
Sales Commission $41,500
Rent expense $3,050
Misc Expense $1,600
Supplies expense $900
Salaries Expense $5,000
automobile expense $3,600
Expense Total $14,150
Net income $27,350
The average 6 year old weighs about 44 pounds
Answer:
62,400 units
Explanation:
The computation of the equivalent units for conversion cost is shown below:
= Started and completed units × completion percentage + closing inventory units × completion percentage
where,
Started and completed units is
= 65,000 units - 6,500 units
= 58,500 units
So the equivalent units is
= 58,500 units × 100 + 6,500 units × 60%
= 58,500 units + 3,900 units
= 62,400 units
The 3/5 finished means 60% is finished
Answer:
Therefore, the UK pound is at a discount against the U.S. dollar, because it is worth less in the One-month forward market than in the spot market.
Explanation:
Given:
Selling price = $1.5137
Spot price = $1.5139
We'll calculate how much pound is worth in the forward market.
We'll use the formula:
(selling - spot price )/spot price * 12/months of contract
= -0.0015853
Therefore, the UK pound is at a discount against the U.S. dollar, because it is worth less in the One-month forward market than in the spot market.
Answer: all the above steps are considered when evaluating financial planning except OPTION C how all small projects are added up for one big project.
Explanation:
financial is delicate aspect of any b business and company. financing a project companies need to follow some steps. the financial planning of a company of business must consider the following: i. the planning horizon which is the time frame of the planning process.
ii. the project horizon which explain the feasibility time of the project.
iii. identifying the total need of the investment. this explain the importance of the project at that particular time
iv. sets of assumptions for various scenarios. this explain various alternative courses of action concerning the said project.
the above listed steps are the only considered steps. there are others such as identifying the current financial position of the company,reviewing and revising the plan,creating and implementation of the financial action and many more
