Doc's ribhouse ending equity would be $102,000 if has beginning equity of 79000 and net icome of 23000.
<h3>What is equity?</h3>
Equity is the amount of capital invested or owned by the owner of a company. The equity is evaluated by the difference between liabilities and assets recorded.
Doc's ribhouse beginning equity
= $79,000
Net income
= $23,000
Ending equity
= ?
Ending Equity
= Beginning Equity + Net Income - Dividends
= $79,000 + $2
= $102,000
Hence, Doc's ribhouse ending equity would be $102,000
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Answer:
the contribution margin per unit is $5.75 per unit
Explanation:
The computation of the contribution margin per unit is shown below:
The Contribution margin per unit is
Contribution margin per unit= Contribution margin ÷ Sales units
= ($69,000 - $46,000 ) ÷ 4,000
= $5.75 per unit
Hence, the contribution margin per unit is $5.75 per unit
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
The correct answer is A
Explanation:
Interest expense is the expense, which is defined as the non- operating expense and it is represented on the income statement. It states the interest payable on the borrowings like lines of credit, loans, convertible debts or bonds.
The interest expense is computed as the interest rates multiply the outstanding principle amount of debt.
So, the interest expense is defined as the interest rate which is effective times the amount of debt outstanding during the interest period or starting of period.
Answer:
True, To make the most of your time you should break up large projects into small pieces.
Explanation:
One way to break tasks down:
- Watch out for the large image. ...
- Review the elements of the task. ...
- Think about the relevant order of completing the pieces. ...
- Construct a timeline for accomplishing your tasks. ...
- Have a plan to support you stay on track. ...
- Complete your responsibility early enough to have some time left for a concluding review.
There are a lot of firms. Gallery Furniture is an example of a company that, among other things, has focused on improving the manufacturing frontier of innovation.
<h3>What are the frontiers of innovation?</h3>
Frontiers of Innovation (FOI) is known to be the Center's R&D Platform, that has been set up to boast the creation and adoption of science-based innovations so as to see or get breakthrough impact at a high scale.
A lot of manufacturers often divides “innovation” into three areas such as: product innovation, manufacturing innovation, and business model innovation.
Learn more about frontier of innovation from
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