All categories

3 years ago

Spain's discoveries in the new world showed other european countries that

Business

1 answer:

Ann [662]3 years ago

5 0

Spain was progressive and strong. It showed other countries that Spain was a leader

You might be interested in

Anchor Company purchased a manufacturing machine with a list price of $93,000 and received a 2% cash discount on the purchase. T

r-ruslan [8.4K]

Answer:

$100,340

Explanation:

The amount of cost recorded in the asset account would be:

List price $93,000

Less: Discount ($93,000*2%) $1,860

Add: Freight $3,800

Add: Installation&Testing $5,400

Cost of the machine $100,340

Note: Insurance cost is not included in the cost of the machine

6 0

3 years ago

Each unit requires 0.25 direct labor-hours and direct laborers are paid $14.00 per hour. In addition, the variable manufacturing

pshichka [43]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Each unit requires 0.25 direct labor-hours and direct laborers are paid $14.00 per hour. In addition, the variable manufacturing overhead rate is $1.60 per direct labor-hour. The fixed manufacturing overhead is $95,000 per quarter.

Direct labor per unit= 0.25*14= $3.5

Direct labor equation= 3.5*x

x= units produced

For example:

100 units

Direct labor= 3.5*100= $350

7 0

3 years ago

The last department in a production process shows the following information at the end of the period: Units Beginning Work in Pr

Drupady [299]

Answer:

goojnb

Explanation:

fbbkkknb. ..kkjbbvfffdbhvbbnnmmjjhbbbhhhhhhhvvbnmm

8 0

3 years ago

Accrued Revenues are a/an

mamaluj [8]

Revenues - Asset
Expenses - Liability

7 0

2 years ago

Bedeker, Inc., has an issue of preferred stock outstanding that pays a $6.55 dividend every year in perpetuity. If this issue cu

navik [9.2K]

Answer:

The required rate of return is 7.20%

Explanation:

The price of a share that pays a particular dividend amount in perpetuity is given by the below formula:

price of share=dividend/required rate of return

price of share is $91.00 per share

dividend payable in perpetuity is $6.55

required rate of return is unknown

$91=$6.55/required rate of return

required rate of return =$6.55/$91

=7.20%

to confirm the required of return,I divided the by the required rate of return as shown below:

6.55/0.0.72=$90.97 .approximately $91

That is a way to validate the computed required rate of return

4 0

3 years ago