Answer:
C. A typical industrial company's balance sheet lists the firm's assets that will be converted to cash first, and then goes on down to list the firm's longest lived assets last.
Answer:
Dec. 2.
Dr. Inventory $4,000
Cr. Troy $4,000
Dec. 3.
Dr. Rent Expense $2,600
Cr. Cash $2,600
Dec. 5.
Dr. Office Supplies $450
Cr. Rigby Supply $450
Dec. 8.
Dr. Utility Expense $590
Cr. Cash $590
Dec. 9.
Dr. Equipment $6,500
Cr. Alright Equipment $6,500
Dec. 10.
Dr. Alright Equipment $6,500
Cr. Equipment $6,500
Dec. 11.
Dr. Troy $4,000
Cr. Discount received $40
Cr. Cash $3,960
Explanation:
Dec. 11
The terms 1/10 n/30 mean there is a discount of 1% available on the payment to be made in 10 days of the purchase. The net credit period is 30 days. As the payment is made within the discount period, hence the payment will be made net of discount.
Discount on Purchase = $4,000 x 1% = $40
Payment = Total amount due - Discount = $4,000 -$40 = $3,960
Answer:
The indifference point is 50,000 units.
Explanation:
Giving the following information:
Location choice I has monthly fixed costs of $100,000 and per-unit variable costs of $10. Location choice J has monthly fixed costs of $150,000 and per-unit variable costs of $9.
First, we need to determine the total cost formula for each location:
Location I:
Total cost= 100,000 + 10x
Location J:
Total cost= 150,000 + 9x
Now, to calculate the indifference point, we need to isolate X:
100,000 + 10x= 150,000 + 9x
x= 50,000 units
The indifference point is 50,000 units.
C. John Jacob Astor.
The American business that had a monopoly on the fur trade in the far west was founded by John Jacob Astor.
The business was called American Fur Company. Since it was founded, the company grew to monopolize the fur trade in the United States by 1830. It became one of the largest and wealthiest businesses in the United States.
Answer:
The correct answer is C
Explanation:
Due process states or means the legal processes or procedure which need to take into account or consideration the legal rights of their citizens. This process is classified through providing or offering the people with fair as well as impartial process and also with the guarantees, though protecting the citizens right through law.
For example, in this case, the Centre City, they could not present the prison sentence without any trial to any person as they might be breaking the law, as everyone has the right of the due process and to be treated equally as well as fairly.
