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3 years ago

In one or two sentences, describe why decisions are based on expected costs and benefits.

1 answer:

7 0

<span>Generally, man wants to engage in feasible business or investment that will bring profits or benefits. Because of this, before engaging in the business or purchasing of a product, he usually weights the costs and the benefits that will be derived. If the benefits are higher than the costs, he will usually be ready to engage in the business or buy the product, but if the reverse is the case, he will see no reason for engaging in such a business.</span><span />

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Panjim's 2005 cash flow from operations is:________.

nignag [31]

Answer:

I think it is D I hope this helps if it didn't tell me

8 0

3 years ago

Lance Brothers Enterprises acquired $515,000 of 3% bonds, dated July 1, on July 1, 2018, as a long-term investment. Management h

Dmitriy789 [7]

Answer:

1st July,2018

investment in bond $515,000 ( debit)

discount on bond investment $80000 (credit)

Lance Brothers paid $435,000 ( credit)

31st, December 2018

cash $7725 (debit)

discount on bond 975 ( debit )

interest revenue is $8700 (credit )

Explanation:

Given data

investment = $515,000

bond = 3%

interest rate = 4%

Lance Brothers paid = $435,000

to find out

investment in the bonds on July 1 and interest on December 31

solution

we know here

on 1st July,2018

investment in bond that is = $515,000 ( debit)

and we know Lance Brothers paid = $435,000 ( credit)

so discount on bond investment = 515000 - 435000 = $80000 (credit)

and

on 31st, December 2018

cash will be = investment in bond × 3% /2

cash = 515,000 × 3% /2

cash = 15450 /2 = $7725 (debit)

interest revenue = Lance Brothers paid × 4% / 2

interest revenue = 435,000 × 4% / 2

interest revenue is 17400 /2 = $8700 (credit )

so and discount on bond = interest - cash

discount on bond = 8700 - 7725 = 975 ( debit )

5 0

3 years ago

At the end of the year, Super Shipping has calculated its federal income tax amount for the year to be $10,000. Super Shipping h

Hitman42 [59]

Answer and Explanation:

The journal entry to record the federal income tax expense is shown below:

Federal income tax expense ($10,000 - $4,000) $6,000

To Federal income tax payable $6,000

(being the federal income tax expense is recorded)

Here the federal income tax expense is debited as it increased the expense and credited the federal income tax payable as it increased the liabilities

5 0

3 years ago

Why is it important to take a college entrance exam

Anton [14]

You may know college admission tests by name — the SAT, SAT Subject Tests and the ACT. These tests, also called college entrance exams, are designed to measure students' skills and help colleges evaluate how ready students are for college-level work.

4 0

3 years ago

The March 1 inventory of finished units at the Kay Company is 5,000. During March the company plans to sell 40,000 units and des

nordsb [41]

Answer:

C. 45,000 units

Explanation:

Inventory of finished units at March 31

10,000

Add:

Sales units

40,000

Total units

50,000

Less:

Inventory of finished units March 1

(5,000)

Balance

45,000

Therefore, the number of units that the company should plan on producing in March is 45,000 units

5 0

3 years ago