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3 years ago

Santiago Company has provided data for the year-end adjustments as follows:

Business

1 answer:

avanturin [10]3 years ago

8 0

Answer:

Work In Process $14,687 (debit)

Overheads $14,687 (credit)

Interest receivable $1,554 (debit)

Interest Income $1,554 (credit)

Office supplies $ 5,807 (debit)

Cash $ 5,807 (credit)

Work In Process $8,611 (debit)

Cash $8,611 (credit)

Bad Debts 11,734 (debit)

Allowance for Doubtful Debts 11,734 (credit)

Work In Process: Insurance $2,734 (debit)

Cash $2,734 (credit)

Depreciation : factory building 16,490 (debit)

Accumulated Depreciation : factory building 16,490 (credit)

Depreciation : factory equipment 6,608 (debit)

Accumulated Depreciation : factory equipment 6,608 (credit)

Explanation:

Record the Journal Entries appropriately in the Work In Process Account.

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______ effect happens when the place a product was manufactured influences how consumers perceive the product.

stiks02 [169]

Effect happens when the place a product was manufactured influences how consumers perceive the product. Country of Origin

What benefits do consumer product firms derive by marketing internationally?

Competition with other companies can be maintained. Sales and profits can be enhanced. Life cycles of products can be extended.

Country of origin:

Country of origin represents the country or countries of manufacture, production, design, or brand origin where an article or product comes from. For multinational brands, CO may include multiple countries within the value-creation process.

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2 years ago

Product deletion can best be described as the process of deleting a product from the product mix when it a. no longer responds t

Mamont248 [21]

Answer:

(c). no longer satisfies a sufficient number of customers

Explanation:

Product deletion refers to removal or discontinuance of a product from the product line when such a product has been consistently incurring losses since a number of years and it's further continuation would adversely affect the other products and profitability.

A product is usually deleted from the product line on the grounds of it's failure in satisfying a sufficient number of customers.

Hence, the correct option is (c). no longer satisfies a sufficient number of customers.

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4 years ago

us suppose that you open a savings account at the campus credit union. Into this savings account, you place $100 in savings. The

BartSMP [9]

Answer:

the future value in two years is $110.25

Explanation:

The computation of the future value in two years is shown below:

As we know that

Future value = Present value × (1 + rate of interest)^number of years

= $100 × (1 + .05)^2

= $100 × (1.1025)

= $110.25

Hence, the future value in two years is $110.25

The same should be considered and relevant

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3 years ago

Select the correct answer.

Lapatulllka [165]

Answer:

B. equity financing

Explanation:

Equity financing involves giving up part of the company because it will have to be shared with the partners of the organization who are usually the investors.

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3 years ago

Suppose the current price of a good is $195. At this price, the quantity supplied is 160 units, and the quantity demanded is 200

KonstantinChe [14]

• eqm Q = 175

• eqm P = $ 190

<u>Explanation:</u>

At current price, Quantity Demanded is less than Quantity supplied

As Qd = 200, Qs = 160

• so market is currently experiencing a deficiency, as Qd > Qs

•so to adjust, market price will incraese,

so that Quantity Demanded decrease & Quantity supplied increases, till Qd = Qs

• eqm Q = 175

• eqm P = $ 190

As if P falls by 1, then P = 194

Qd = 200 minus 5= 195

Qs = 160 plus 3= 163

If P = 193, Qd = 190, Qs = 166

If P = 191, Qd = 180, Qs = 172

P = 190, Qd = 175, Qs = 175

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3 years ago