Answer:
Dr Equipment $60,000
Cr. Horton, capital $60,000
Explanation:
Based on the information given we were told that Both of the partners agree that the fair value of the equipment was the amount of $60,000 which means that The appropiate journal entry made by the partnership to record Horton's investment should be:
Dr Equipment $60,000
Cr. Horton, capital $60,000
When Grayson's boss praised him for job well-done, it is an example of a intrinsic reward.
An intrinsic reward refers to an award of recognition, sense of achievement, conscious satisfaction, self fulfilmenr achieved after sucessfully achieving a task.
The intrinsic reward is given to Grayson by his boss for the job well-done.
This type of intrinsic reward helps employees to gain more motivation to perform better than before.
Therefore, in conclusion, when When Grayson's boss praised him for job well-done, it is an example of a intrinsic reward.
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Answer:
The US income will be $12,201 and South Korea's income will be $21,911. US income will grow by multiple of 1.2 while South Korea's GDP will grow by multiples of 2.19.
Explanation:
Initial income of both the countries is $10,000.
Growth rate of South Korea is 4%.
Growth rate of US is 1%.
In 20 years, South Korea's income will be,
=Initial income*
=$10,000*
=$10,000*2.1911
=$21,911
Similarly, we can find US income.
=Initial income*
=$10,000*
=$10,000*1.2201
=$12,201
So, South Korea's income is $21,911 while US's income is $12,201.
South Korea's income grows by the multiples of 2.1911. While, US's income grows by the multiples of 1.2201
Answer:
See below
Explanation:
Ethtridge manufacturing company
Statement of cost of goods manufactured for the month ended, July 31
Work in process July 1
$316,400
Add: Cost of direct materials used in production
$1,150,000
Direct labor
$966,000
Total factory overhead
$490,500
Total manufacturing cost incurred
$2,606,500
Total manufacturing costs
$2,922,900
Less: Work in process July 31
($355,500)
Cost of goods manufactured
$2,567,400
Answer:
total cost for Bret in a year with 8 opening is $62400
Explanation:
given data
average cost = $300
total cost = $60000 per year
to find out
total cost for Bret in a year with 8 opening
solution
we know here no of opening is 8
so variable cost will be
variable cost = 8 × 300
variable cost = $2400
so
total cost for Bret in a year will be
total cost = variable cost + fixed cost
total cost = 2400 + 60000
total cost = $62400
so total cost for Bret in a year with 8 opening is $62400