Answer:
Option "C" is correct.
Explanation:
Option "C" is correct because the current assets and current liabilitites are used to find the liquidity. The current liabilities are the one that has to pay within the year. Similarly, the current assets are the ones that can be converted into cash within the year. Therefore, the evaluation of both gives the idea of the company's liquidity.
Answer:
B. $1,667
Explanation:
The computation of the depreciation expense under the straight-line method is shown below:
= (Purchase cost of a delivery van - salvage value) ÷ (estimated useful life)
= ($28,000 - $3,000) ÷ (5 years)
= ($25,000) ÷ (5 years)
= $5,000
This is a full ear depreciation
Since the delivery van is purchased on September 1 and the company recognize on December 31. So there is a difference of four months. So four months depreciation would be
= $5,000 × 4 months ÷ 12 months
= $1,667
Answer:
$82,500
Explanation:
To calculate the direct labor cost that Sperling Company must record for the month of March we must multiply the total number of units produced times the number of hours required for producing one unit times the labor cost of one hour.
= 11,000 units x 0.5 hours per unit x $15 per hour = $82,500
Answer:
The correct answer is letter "D": National Credit Union Administration (NCUA).
Explanation:
The National Credit Union Administration or NCUA supervises the operations of federal credit unions across the United States of America. The main duty of the organization is to manage the <em>National Credit Union Share Insurance Fund</em> (<em>NCUSIF</em>) which insures the deposits of the federal credit unions in front of different issues that can take place.
Leave him where you found him and have others stop any forklift traffic.
(basic cpr)