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IrinaVladis [17]

4 years ago

9

"in which type of operations are you likely to see, at most, only minor variations in the product or service being produced usin

g the same process and the same equipment?"

1 answer:

Pani-rosa [81]4 years ago

8 0

Repetitive production

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What amount would you have if you deposited 1800 a year for 30 years at 8% compounded annually

Bezzdna [24]

Yes so good indeed queen keep it up

6 0

3 years ago

The major consideration when considering lettering on a presentation aid should be how fancy and expensive it looks.

Brut [27]

<span>This depends on the audience as well as the presenter and if it is a formal or informal presentation. The age of the audience would play a role in the visual art of the presentation. There are many stipulations that would play a role in this.</span>

3 0

3 years ago

Use the following information to answer the next question. Total Asset = $40 million Depreciation = $1.0 million. Basic earning

Marizza181 [45]

Answer:

a. $8.0 million; $1.22 million

Explanation:

The computation is shown below:

As we know that

Basic earnings power = EBIT ÷ total assets

So,

EBIT = Basic earnings power × total assets

= 0.20 × 40 million

= $8 million

Now

Times interest earned = EBIT ÷ interest expense

So,

Interest expense = EBIT ÷ Times interest earned

= $8 million ÷ 6.55

= $1.22 million

5 0

3 years ago

On January 1, 2019, Smith, Inc., has the following balances for accounts receivable and allowance for doubtful accounts: Account

slava [35]

Answer:

1. $372,150

2. $650

Explanation:

1. Smith's preadjustment balance in accounts receivable on December 31, 2019:

= Accounts Receivable on January 1, 2019 + Credit sales - Collected accounts receivable - uncollectible accounts receivable

= $386,000 + $2,895,000 - $2,905,000 - $3,850

= $372,150

2. Smith's preadjustment balance in allowance for doubtful accounts on December 31, 2019:

= Allowance for Doubtful Accounts (a credit balance) on January 1, 2019 - uncollectible accounts receivable

= $4,500 - $3,850

= $650

3. The Journal entry is as follows:

Bad Debt Expense ($3,800 - $650) A/c Dr. $3,150

To Allowance for Doubtful Accounts $3,150

(Record adjusting entry for bad debt expense estimate)

5 0

3 years ago

Aikman Company paid dividends of $2,420, $0, $1,440 and $1,010 over the first four years of the company's existence, respectivel

natima [27]

Answer:

$3,642.50

Explanation:

For computing the average annual amount of net income (loss), first we have to compute the net income which is shown below:

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

$9,700 = $0 + Net income - ($2,420 + $0 + $1,440 + $1,010)

$9,700 = $0 + Net income - $4,870

So, the net income is

= $9,700 + $4,870

= $14,570

Now the average annual amount of net income is

= $\frac{Net\ income}{Number\ of\ years}$

= $\frac{\$14,570}{4}$

= $3,642.50

5 0

3 years ago