Answer:
b. Stock Y has a higher dividend yield than Stock X
Explanation:
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1. Accounts receivable are found on the balance sheet.
2. Notes payable are found on the balance sheet.
3. Advertising expense is found on income statement
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Logan Corporation has 30 employees, 10 in "A-line," and 20 in "B-line." Logan incurred $180,000 in fringe benefits costs last year.
First, we need to calculate the allocation rate based on number of employees:
Estimated allocation rate= total estimated fringe costs for the period/ total amount of allocation base
Estimated allocation rate= 180,000/30= $6,000 per employee.
Now, we can allocate fringe costs to the A-line:
Allocated fringe costs= Estimated Estimated allocation rate* Actual amount of allocation base
Allocated fringe costs= 6,000*10= $60,000
Answer:
1) No, the report prepared by the bookkeeper is not useful as a performance report is prepared in <em>per unit</em> <em>basis</em> not on <em>Total basis.</em>
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See performance report attached.
In an offset, <span>one party agrees to purchase goods and services with a specified percentage of the proceeds from the original sale and this party can fulfill the obligation with any firm in the country to which the sale is being made.</span>
