Answer:
B
Explanation:
In comparison to standards that apply to consumers, the UCC imposes on merchants Special business standards.
The adjusting entry required for unearned rent on December 31, 20Y1 is: Debit Unearned rental revenue $16,296;Credit Rental revenue $16,296.
<h3 /><h3>Unearned rent</h3>
Based on the information given the appropriate adjusting entry required for unearned rent on December 31, 20Y1 is:
31 December
Debit Unearned rental revenue $16,296
Credit Rental revenue $16,296
($39,110×5/12)
(To record unearned rent)
Inconclusion the adjusting entry required for unearned rent on December 31, 20Y1 is: Debit Unearned rental revenue $16,296;Credit Rental revenue $16,296.
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Answer:
40%
Explanation:
The Dean company have a sales of $500,000
The break-even point in sales dollar is $300,000
Therefore, the company's margin of safety can be calculated as follows
Margin of safety= Sales-break-even sales/sales
= $500,000-$300,000/$500,000
= $200,000/$500,000
= 0.4×100
= 40%
Hencethe company's margin of safety percentage is 40%
<span>18 x .6 = $10.80 US
18 x .5 = $9.00 US
9/10.80 = .83
1 - .83 = 17% change
You first multiply the price in pounds by the exchange rate to find out how much the product would cost in US dollars. Then the same calculation is done with the lower exchange rate. You create an equation with the 2 US dollar amounts. Then to get the percent change, you subtract that answer from 1.</span>