Answer:
$35,800
Explanation:
Gross Profit = Net sales - Cost of goods sold
= $268,100 - $145,500
= $122,600
Total Operating Expense:
= S, G & A Expenses + R&D expense
= $59,000 + $27,800
= $86,800
Operating Income = Gross Profit - Total Operating Expense
= $122,600 - $86,800
= $35,800
The most likely result is that there would be a general mistrust because they are disregarding what you need.
Under the double declining balance method, depreciation is twice or 200% of the straight line
depreciation rate. Its
computation is as follows:
Straight-Line Depreciation Percent = 100% /10 years = 10% /
year.
Depreciation Rate = 2
x 10%
<span> = 20% /year.</span>
Depreciation for a
Period = 20% x Book Value at Beginning of the Period of January 1
Depreciation for
Period 1 (first year) = 20% x $5,400 = $1080
Depreciation for
Period 2 (second year) = 20% x ($5,400- $1080)
<span>
= 20%($4320)</span>
<span>
= $864</span>
Answer:
b. They benefit from an expanded opportunity set.
Explanation:
Recently, financial market have become highly integrated, which help investor to diversify their portfolios internationally.
International portfolio help the investor to focus on foreign market´s securities to invest, it add exposure of portfolio to the growing and developed market. As firm is going global to expand opportunity set, so that it can earn more benefit out of diversified market, similarly, investor are going global by diversifying their investment opportunity.
Answer:
The journal entry which is to be made for the June is shown below:
Explanation:
The journal entry which is to be made for the June is as:
Supplies expense A/c..................................Dr $3,500
Supplies A/c..........................................Cr $3,500
Being record the supplies which were used by the business during operations
The supplies expense is debited against the supplies accounts which were used by the business during June.
Working Note:
Amount = Purchased amount supplies - Inventory of supplies on hand
where
Purchased amount supplies is $4,500
Inventory of supplies on hand is $1,000
So,
Amount = $4,500 - $1,000
= $3,500
