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3 years ago

11

Lydia works at a medical facility in which all employees are required to wear white shoes. lydia does not agree with this rule.

what should lydia do?

1 answer:

Juli2301 [7.4K]3 years ago

8 0

Lydia could take lots of people's signatures that agrees with her. is there even a medically reason why they have to wear white shoes?

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Answer:

What is the amount of gross profit realized during 2020?

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What is the amount of inventory of unsold straight chairs on December 31, 2020?

[(920 - 460) x $56.70] + [(690 - 230) x $50.40] + [(1,610 - 276) x $31.50] = $26,082 + $23,184 + $42,021 = $91,287

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Type Chairs Selling Price Each Total

Lounge chairs 920 $90 $82,800

Armchairs 690 $80 $55,20

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total 3,220 $218,500

if we allocate costs based on resale, then each chair should cost:

Lounge chairs $90 x ($137,655 / $218,500) = $56.70

Armchairs $80 x ($137,655 / $218,500) = $50.40

Straight chairs $50 x ($137,655 / $218,500) = $31.50

contribution margin per chair:

Lounge chairs $90 - $56.70 = $33.30

Armchairs $80 - $50.40 = $29.60

Straight chairs $50 - $31.50 = $18.50

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Suppose that a bank has loaned money to two businesses: a trustworthy computer manufacturer and a risky mining venture. Unfortun

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Answer:

The situation is called insolvency. bank is unable to pay to depositor.

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Insolvency is refer to that critical condition when debtor unable to pay amount to depositor. In the above given case even if bank want to sell its all assets it cannot cover its liabilities.

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Explanation:

The effects are as follows:

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The journal entry is shown below:

Retained earning A/c Dr XXXXX

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And, since the dividend is declared that increases the balance of dividend

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