Answer:
Explanation:
1. Calculate ending inventory Rate per unit Total cost
number of units ($) ($)
Beg bal (April1) 450 2.19 985.50
Add:purchases
April 20 410 2.69 1102.90
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Total goods
av for sale 860 2088.40
Less: Sales:
During April 590
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Ending inventory 270
2. Cost of ending inventory = 270*2.19=$591.3
Answer: (A) Assistant project managers
Explanation:
The main role of the assistant project manager is that it basically assisting the project managers by coordinating, analyzing and planning the specific project.
The main responsibility of the assistant project managers is to supporting the given function of the project and execute the given project.
According to the given question, a typical project office is basically responsible for managing the large projects which include both the project manger and the assistant project managers.
Therefore, Option (A) is correct answer.
Answer:
offering a wide range of products
Explanation:
A 10-story office building is owned by a bank. This would be an example of a chequable deposit on the bank's balance sheet.
An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. One of the three primary financial statements used to assess a company is the balance sheet. It offers a snapshot of the assets and liabilities of a corporation as of the publication date.
A balance sheet is a summary of the financial positions of a person or an organization in financial accounting, regardless of whether they are a sole proprietorship, a business partnership, a corporation, a private limited company, or some other type of entity like a government or not-for-profit entity.
Learn more about balance sheet here
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Answer:
(a) $210,000
(b) $351,500
Explanation:
(a) Given that,
Fair value of equipment = $1,440,000
Face Amount of the note = $1,230,000
Gain on sale:
= Fair value of equipment - Face Amount of the note
= $1,440,000 - $1,230,000
= $210,000
(b) Given that,
Accrued Interest Payable = $290,000
Interest rate = 5%
Gain on the partial settlement and restructure of the debt:
= Accrued Interest Payable + (Face amount of note × Interest rate)
= $290,000 + ($1,230,000 × 5%)
= $290,000 + $61,500
= $351,500