Answer:
508,000 units
Explanation:
The computation of the number of finished goods produced is shown below:
Finished goods produced during the year = Closing inventory + sales - opening inventory
= 2,600 units + 506,000 units - 600 units
= 508,000 units
We simply added the closing inventory into sales and deducted the opening inventory so that the finished goods produced during the year could come
The amount of accrued interest payable should B report in its September 30, 2021, balance sheet is: $27,000.
<h3>Accrued interest payable</h3>
Using this formula
Accrued interest payable=(Face value×Bond percentage)/Number of months
Let plug in the formula
Accrued interest payable=($900,000×12%)/12×3 months
Accrued interest payable=$27,000
(July 01 to September 31=3 months)
Inconclusion the amount of accrued interest payable should B report in its September 30, 2021, balance sheet is: $27,000.
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Answer:
2,500,000 million dollars to break even
Explanation:
Answer:
b. One advantage to forming a corporation is that the owners of the firm have limited liability.
Explanation:
Every equity shareholder has this advantage that he cannot be called off, in case of any liability in the company, as the company stands liable and not the shareholder, whereas in partnership or proprietorship even all the partners can be called off to meet the liability personally, in case of any failure from the firm.
Though firms have tax advantage, but this is the disadvantage to the firm that the liabilities are unlimited.
A The lender may refuse the mortgage.