Answer:
b. 94.9
Explanation:
The computation of the number of days' sales in average inventories is shown below:
Day inventory outstanding = (Beginning inventory + ending inventory) ÷ 2 ÷ cost of goods sold × total number of days in a year
= ($672,000 + $576,000) ÷ 2 ÷ $2,400,000 × 365 days
= ($624,000 ÷ $2,400,000 ) × 365 days
= 94.90 days
Simply we take the average of inventory and divide from the costs of goods sold
All other information which is given is not relevant. Hence, ignored it
Answer:
The net impact on the income will be 2,795,000 each year
Explanation:
The purchase will generate the followng:
4.3 depreciation expense
and a tax shield, as this expense decrease the net income:
depreciation x tax-rate = tax-shield
4.3 x 35% = 1.505 millions
total impact on net income:
depreciation expense - tax shield
4.3 - 1.505 = 2.795 millions net impact
Given:
Original cost of contributed equipment : 125,000
Accumulated depreciation of contributed : 100,000
Value of similar equipment : 150,000
Agreed upon valuation of contributed equipment : 29,000
The amount that should be debited to the equipment account is 29,000.
It is the current value of the contributed equipment as agreed upon by the partners.
Answer: $125,000
Explanation: The Company usually processes 20,000 orders at a cost of $250,000. To process one order = 250,000/20,000=$12.5
Therefore if during the year 10,000 orders were proceeded. the cost will be
10,000 * $12.5 = $125,000
Answer:
Direct channel
Explanation:
A channel of distribution (also known as marketing channel) involves a group of interdependent organizations who work together to make a product or service available for use or consumption, as well as providing a means of payment to the provider.
A direct channel of distribution is a type of distribution in which product and services are made readily to the consumer by the producers without using any intermediaries.
