Answer:
60,300 Units
Explanation:
Given:
Beginning work in process = 5,000 (units)
Units in production = 68,500 (units)
Ending work in process = 33,000 (units)
Weighted-average method
Units Transferred = Beginning work in process + Units in production - Ending work in process
= 5,000 + 68,500 - 33,000 = 40,500 (Units)
Conversion Units
Ending work in process × 60%
Conversion Units = 33,000 × 60%
19,800 (Units)
Equivalent units of production
= Units Transferred + Conversion Units
= 40,500 (Units) + 19,800 (Units)
= 60,300 Units
Answer:
They create the money they lend to borrowers.
Explanation:
:) Let me know if this helps!
(Are you talking about commercial banks?)
Answer:
The five areas of modern business and the role ICT play in achieving business success is discussed below in complete details.
Explanation:
ICT incorporates all digital technology that supports people, businesses, and establishments in managing messages and information. ICT helps by making a business more productive, efficient, and quickly react to customers' requirements. ICT can serve business ventures including layouts, production, Research and development, shipping and commerce, and feedback.
Answer:
b. C
Explanation:
It is the rate at which the net present value of all cash flows will be zero. As we know that the higher the discount rate lower will be the present value. The benefit of Higher IRR is company would expect higher rate of return from that project.
Project A has an Internal rate of return(IRR) of 21%.
Project B an IRR of 7%
Project C and IRR of 31%
and Project D an IRR of 19%
Project C will be best because it has highest IRR.
Answer:
The income statement, statement of stockholders' equity, and balance sheet for Longhorn Corporation is given below.
<u><em>The income statement</em></u>
Sales Revenue $ 67,700
COGS ($ 53,400)
Delivery expenses ($ 2,600)
Salary expenses ($ 5,500)
Net profit $ 6,200
<u><em></em></u>
<u><em>Balance Sheet</em></u>
Asset
Cash $ 1,200
Equipment $ 29,000
Building $ 40,000
Supplies $ 3,400
Total Assets $ 73,600
Equity
Common Stock $ 44,000
Retain earning $ 24,400
(18,200 + 6,200)
Liability
Account Payable $ 4,400
Salaries payable $ 8,00
Total Liabilities $ 73,600
<u><em>Statement of Stockholders</em></u>
Opening common Stock $ 40,000
Addition $ 4,000
Closing common Stock $ 44,000
Retain earning Opening $ 18,200
Net profit $ 6,200
Retain profit Closing $ 24,400
Total Equity $ 68,400
