They is probably the words you are looking for. and by they i mean the large retailers
Answer:
Sheldon's financial statements for year 1 would show:
Supplies Inventory = $1,400
Supplies Expense = $3,200
Account Payable = $400
Explanation:
Supplies Account balance at beginning of the year = $1,200
Purchase during the year = 3,400
Payment during the year = $3,000
Supplies counted at end of the year = $,1400
Supplies used in the year 1 = 1200 + 3400 -1400 = $3,200
Account Payable at the end of year = 3,400 - $,3000 = $400
Explanation:
here is an explanation and solution to your question
For Euphoria:
The opportunity cost of producing a unit of rye in terms of jeans =20/5 = 4
for contente:
The opportunity cost of producing a unit of rye in terms of jeans = 16/8 = 2
opportunity cost of producing 1 unit of jean in terms of unit of rye:
for euphoria = 5/20 = 1/4
for contente = 8/16 = 1/2
1.
Euphoria's opportunity cost of producing a a bushel of rye is 4 pairs of jeans.
contentes opportunity cost of producing a bushel of rye is 2 pairs of jeans.
2.
contente has comparative advantage in producing rye
euphoria has comparative advantage in jeans production
3
contente produces 8 bushels of rye so with 4 million hours of labor = 8x4 = 32 million bushels in a week.
euphoria 20 pairs of jean in a week, using 4 million hours of labor. 20x4 = 80 pairs of jean a week
Answer:
$4,800
Explanation:
Interest Expense of the bond is calculated by multiplying Face value and Coupon rate. Any discount or premium is amortized over the life of the bond and added or deducted from the interest payment in order to record the interest expense.
As per given data
Face value of Bond = $80,000
Coupon Rate = 8%
Interest Expense = Face value x Coupon rate
As on July 1 interest of only 3 months has been accrued, so we will record the interest expense of 3 months only.
On July 1
Interest Expense = $80,000 x 8% x 3/12 = $1,600
6 month period Expense will be recorded.
On December 31
Interest Expense = $80,000 x 8% x 6/12 = $3,200
Total Expense = $1,600 + $3,200 = $4,800
The solution for the problem follows:
Expense = variable expenses * quantity of produced + fixed
expenses
= 14q + 78,490
= 14 (3500) + 78, 490
= 49000 + 78,490
= $127, 490 is the total expense for 3,500 tennis rackets
Get the per piece expense by dividing 127,490 to 3500
Expense per piece = 127,490 / 3500
= $36.43
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