Answer:
me its amazing wonderful delightful and miraculous.
Answer:
the recorded value of the new truck is $135,000
Explanation:
The computation of the recorded value of the new truck is given below;
In the case when the transaction has the commercial substance so the recorded value of the new truck would be equivalent to the invoice price or the fair value i.e. $135,000
Hence, the recorded value of the new truck is $135,000
The same would be considered and relevant
And all other values are to be ignored
Answer:
<u>b) The corporation survives even if managers are dismissed.</u>
<u>c) Shareholders can sell their holdings without disrupting the business.</u>
<u>Explanation:</u>
The above statements are correct descriptions of large corporations if consider;
1. A corporation is viewed as a legal entity, and so is believed to exist (survive) even if those who manage the corporation are dismissed.
2. Put simply, a shareholder holds some owns certain decision rights of a corporation, thus, the shareholder can decide to sell their holdings to an interested party. However, the business would not be disrupted, as only the holdings of a particular shareholder were sold, and the new shareholder would normally want the best interest of the company that's why he made the deal.
Answer:
a requirement
Explanation:
state requirement that makes sence
Answer:
a. Variable cost
b. Fixed cost
c. Fixed cost
d. Mixed cost
e. Variable cost
f. Variable cost
g. Variable cost
h. Fixed cost
i. Variable cost
j. Mixed cost
k. Mixed cost
l. Mixed cost
m. Variable cost
n. Variable
o. Fixed cost
p. Fixed cost
q. Fixed cost
r. Variable cost
s. Variable cost
t. Fixed cost
Explanation:
Note the following categories of costs:
Variable cost: This are cost that are subject to change such cost includes purchase cost of supplies, bills based on usage, hourly wages expenses.
Fixed cost: are generally recognisable cost that are stable over time, such as rent, salary, specific expense that have a fixed price etc.
From the overall analysis of the cost of Seymour Clothing Co. it is noticed that most of their expenses are variable in nature with less of mixed and fixed expenses (cost).
