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musickatia [10]
4 years ago
6

Question 2--/1 View Policies Current Attempt in Progress This information relates to Cullumber Co.. 1. On April 5, purchased mer

chandise from Oriole Company for $27,900 on account. 2. On April 7, purchased equipment on account for $31,600. 3. On April 8, returned $3,700 of April 5 merchandise to Oriole Company. 4. On April 15, paid the amount due to Oriole Company in full. Prepare a tabular summary to record the transactions listed above for Rice Co. using a perpetual inventory system. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Business
1 answer:
Alex17521 [72]4 years ago
7 0

Answer:

             Cash    Inventory Equipment Accounts Payable

April 5th           27,900.00                      27,900.00

April 7th                            31,600.00      31,600.00

April 8th            (3,700.00)                       (3,700.00)

April 15th  (24,200.00)                              (24,200.00)

Explanation:

Instead of using a journal we record horizontally:.

We write the accounts and post under each one the values for each transactions

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When Ajax Co. produced 3 units of output per​ week, its total fixed cost was ​$100100 and total variable cost was ​$5050. When o
zimovet [89]

Answer:

$170

Explanation:

As we know that

Total cost = Total fixed cost + total variable cost

The total fixed cost would remain the same whether the production level increases or not but the case is not the same as the total variable cost. In total variable cost, the output will change as per the production level changes

When output was 4 units per week, The total cost would be

= Total fixed cost + total variable cost

= $100 + $70

= $170

8 0
3 years ago
The formula for finding the net present value of a cash outflow now, a positive cash flow in 1 year, a positive cash flow in 2 y
melamori03 [73]

The formula for finding the net present value is -C0 + [C1 / (1 + r)] + [C1 / (1 + r)²] + [C1 / (1 + r)³].

<h3>What is the net present value?</h3>

The net present value is a capital budgeting method. Net present value is the present value of after-tax cash flows from an investment less the amount invested.

Only projects with a positive net present value should be accepted. A project with a negative net present value should not be chosen because it isn't profitable. When choosing between positive  net present value projects, choose the project with the highest  net present value first because it is the most profitable.

An advantage of the net present value method of capital budgeting is that it considers the times value of money. A disadvantage of net present value is that it is difficult to estimate the accurate discount rate.

To learn more about net present value, please check: brainly.com/question/25748668

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7 0
2 years ago
Assume the sales mix consists of three units of Product A and one unit of Product B. If the sales mix shifts to four units of Pr
patriot [66]

The answer is <u>decreases per unit.</u>

You're welcome & give me brainliest

3 0
3 years ago
In the large city where Cassandra lives, many people are asking for her restaurant to deliver food to their offices. Her restaur
NISA [10]

Answer:

Value

Explanation:

Cassandra has determined that by satisfying customers they can increase their sales which is also witnessed from The VRIO analysis. This analysis shows that the product uniqueness, resources availability, internal and external analyses, etc are of the opinion that this service will bring value to the company.

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3 years ago
Pearson Motors has a target capital structure of 30% debt and 70% common equity, with no preferred stock. The yield to maturity
serg [7]

Answer: 14%

Explanation: The average rate expected by all of the security holders of a company in return of investing in it is called WACC.

formula to compute WACC :-

WACC= \left ( weight\:of\:debt\times cost\:of\:debt \right )+\:\left ( weight\:of\:equity\times cost\:of\:equity \right )

12.5\%= \left ( 30\%\times 9\% )+\:\left ( 70\%\times cost\:of\:equity \right )

so,

cost of equity = 14 %

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4 years ago
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