Answer:
The answer is $75
Explanation:
The formula to reach out value addition is
Value Addition=Sales Value-Cost of manufacture or input added
In our Case
Sales Price=$450
Cost of Manufacture or Input=200+75=$275
So by entering above numbers in Value Addition formula we get
Value Addition=$450-$275
Value Addition=$175
Answer:
FV= $1,181.62
Explanation:
Giving the following information:
Your bank offers a savings account that pays 3.5% interest, compounded annually. How much will $500 invested today be worth at the end of 25 years?
We need to use the following formula:
FV= PV*(1+i)^n
FV= 500*(1+0.035)^25
FV= $1,181.62
Answer:
The correct answer is letter "B": Internal customers.
Explanation:
Internal customers are not necessarily employees or customers who work inside the organizations, but they usually do. These people have a certain relationship with the firm and one need from another so their jobs can be done. In the case of employees, they rely on others' roles so their responsibilities can be performed.
The correct answer is a I a, typing to get the answer right
Answer and Explanation:
a. The Journal entry is shown below:-
Lawsuit loss Dr, $900,000
To Lawsuit liability $900,000
(Being lawsuit loss is recorded)
Here we debited the lawsuit loss as it increased the losses and we credited the lawsuit liability as it also increased the liabilities because the losses contains normal debit balance and the liability contains normal credit balance
b. No Journal entry is required as The loss is not accrued as it is not expected that a liability has been spent at Dec 31, 2020