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makkiz [27]
3 years ago
10

In 2014, paxson incurred a net loss of $2,500. no dividends were declared or paid during 2014. what was paxson's retained earnin

gs balance one year earlier on december 31, 2013?
Business
1 answer:
tensa zangetsu [6.8K]3 years ago
8 0

Paxson's retained earnings balance one year earlier on December 31, 2013 was $24,500.00

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harkovskaia [24]

Answer:

Countries have a comparative advantage in production when they can produce a good or service at a lower opportunity cost than other producers.

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Which of the following items is not a current liability?
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tatuchka [14]

Answer:

The ABC overhead for a Deluxe kayak will be $170.93

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\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

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\left[\begin{array}{cccc}-&Overhead&Total&Rate\\fabric&246,000&10,000&24.6\\assembly&144,000&32,000&4.5\\setup&110,000&15&7,333.33\\\end{array}\right]

Now we apply the rate to Deluxe Kayak:

\left[\begin{array}{cccc}-&Rate&Deluxe&Overhead\\fabric&24.6&10,000&246,000\\assembly&4.5&24,000&108,000\\setup&7,333.33&10&73,333.33\\Total&-&-&427,333.33\\\end{array}\right]

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3 0
3 years ago
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3 0
3 years ago
Certain brand names, such as Kleenex or Xerox, have become _______, because they are so commonly identified with a specific prod
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