What broadway play holds the record for highest single-week sales?

[preparing trial balance] I am suppose to be preparing a trial balance but base on the accounts and information I have, I have t

LuckyWell [14K]

[preparing trial balance] I am suppose to be preparing a trial balance but base on the accounts and information I have, I have the cost amounts for two years. How would I do that?

3 0

2 years ago

On December 31 of the current year, Pilozzi Company has the following information available:

Aleksandr [31]

Answer:

On December 31 of the current year, can the Board of Directors declare and pay a cash dividend of $ 2 million

If the company don´'t have enough cash on hand to distribute the previously announced sum to shareholders, it may have to borrow funds to honor the dividend payment.

Explanation:

Companies can pay dividends in cash or additional shares.

If the company don´'t have enough cash on hand to distribute the previously announced sum to shareholders, it may have to borrow funds to honor the dividend payment.

6 0

2 years ago

Bank reconciliations are normally prepared on a monthly basis to identify adjustments needed in the depositor's records and to i

joja [24]

Answer:

B.

Explanation:

The benefits of bank reconciliation is to detect errors such as double payments, missed payments, calculation errors etc.

Therefore they will be no need for adjustment to be recorded for bank errors, outstanding checks, and deposits in transit.

4 0

2 years ago

Company A uses the FIFO method to account for inventory and Company B uses the LIFO method. The two companies are exactly alike

alexandr1967 [171]

Company A uses the FIFO method to account for inventory and Company B uses the LIFO method. The two companies are exactly alike except for the difference in inventory cost flow assumptions. The debt-to-equity ratio measures your company's total debt relative to the amount originally invested by the owners and the earnings that have been retained over time.

The debt to equity ratio using the book value of equity in 2019 would be 2.29.

Finding the debt-to-equity ratio.

This can be found by the formula:

= Interest bearing Debt / Book value of equity

= (Notes payable + Current maturities of long term debt + Long term debt) / Book value of equity

= (10.5 + 39.9 + 239.7) / 126.6

= 2.29

Learn more about debt-to-equity here

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7 0

1 year ago

Suppose that Par, Inc., management encounters the following situations:

Anna11 [10]

Answer:

[a]. 10560, [b]. 14160, [c]. 7668.

Explanation:

[a]. In order to be able to solve this particular question we have to consider what is known as LINEAR PROGRAMMING.

We have the assumption that the function to be equals to 10A + 9B. The first step that we need to take here is to find the constraint for the linear programming relaxation which is;

1/2A + 5/6B $\leq$ 600.

1/10A + 1/4B $\leq$ 135. Thus, A $\geq$ 0 and B

With the help of excel solver and graphs, that we have the profit at $18 we are going have the value of A =300 and B =420. Therefore, the optimal solution = [300,420].

Thus, we have the objective function value to be = 10,560. [that is 10 * 300 + 420 * 18}.

[b]. For option b, where the profit increases to $20, the optimal solution lies on A =708 and B =0. Hence, objective function value = 14,160[ that is 20 * 708 + 0].

[c]. Here, there is increase in the sewing operation capacity to 750 hours. Therefore, we will have the value of A = 540 and B = 252.

Thus, the objective function value = 7668.

8 0

2 years ago