Answer and Explanation:
The presentation of the retained earnings statement for the year is presented below:
<u> Pina Colada Corp</u>
<u> Retained Earnings Statement
</u>
<u> For the year Ended December 31, 2017
</u>
Retained Earnings, as on January 1 $16,700
Add: Net Income $10,400
Less: Dividend paid -$4,700
Retained Earnings, as on December 31 $22,400
Answer:
The cost per month is increasing at a rate $365.
Explanation:
Differentiation Formula
Given that,
A manufacturer of handcrafted wine racks has determined that the cost to produce x units per month is given by
.
Again given that,
the rate of changing production is 13 unit per month
i.e 
To find the cost per month, we need to find out the value
when production is changing at the rate 13 units per month and the production is 70 units.

Differentiating with respect to t




Plugging 


[ plugging x=70]
=364
[ The unit of c is not given. Assume that the unit of c is dollar.]
The cost per month is increasing at a rate $365.
Answer:
The appropriate solution is "764".
Explanation:
Given:
Demand per month,
D = 405
or,
= 
= 
Ordering cost,
S = $15
Holding cost,
H = $0.25
As we know,
⇒ 
⇒ 
⇒ 
⇒ 
⇒ 
or,
⇒ 
Answer:
Cost Method
Explanation:
1. When considering whether to account for its investment in Marlon under the equity method, Miller’s management should apply 'Cost Method' because 'equity accounting method' is should only be used when the company has a significant interest in Marlon which is assumed to be 20% of its shareholding.
2. If we assume the use of equity method then.
investment to be reported in its 2018:
A. Income statement
: This will be a single line to show the '<u>share of associate's profit</u>' which is derived by multiplying the percentage ownweship by the investee's profit amount: 16.67%* 12 = $2million
B. Balance sheet
: This will show the carrying value of the investment under long term assets, after fixed assets before current assets. The value will be:
1. The purchase consideration of $19m
(+)
2. The share of associate's profit of $2m
(-)
3. The amount of dividends received of $6m
Therefore the carrying value of the investment in the balance sheet will be $15 million
C. Statement of cash flows: The statement of cashflows will only show the receipt of cash for the dividend of $6million from Marlon, in the 'investing activities' section, as an inflow.
Answer: After 50 minutes the bell is at a depth of 2000 ft so we can find the average rate by
2000/50 =40 ft per minute.
We ignore the 400 ft in 12 minutes because that is included when we take out the average at 50 minutes and adding it in would be an error of doubly entry.
Explanation: