Answer:
B.
Explanation:
Premium is the level in which my co-workers respect. I believe it's an important factor.
I'm pretty sure t<span>he owner of the club owns all inventories of food and alcohol.</span>
Answer:
10%
Explanation:
Data provided in the question
Purchase value of the stock = $80
Number of years = 15
Times = 4
So, the return on owning this stock is
= Number of times^(1 ÷ number of years) - 1
= 4^(1÷15) - 1
= 4^0.0666666667 - 1
= 1.0968249797 - 1
= 0.0968249797
= 10% round off
All other things that are mentioned in the question is not relevant. Hence, ignored it
Answer:
The net realizable value of Accounts Receivable = 1,985,538
Explanation:
The journal entry will be: Allowance for Uncollectible Accounts (Debit - Decreased) 6,000 and Accounts Receivable (Credit - Decreased) 6,000.
After the journal entry the credit balance in the Allowance for Uncollectible Accounts will be: 2,005,000 - 6000 = 1,999,000, and the debit balance in Allowance for Uncollectible Accounts will be: 19,462 - 6,000 = 13,462.
Then net realizable value of Accounts Receivable will be: 1,999,000 - 13,462 = 1,985,538.
Answer:
$5572500
Explanation:
consolidated cost of goods sold for 2020 would be:
consolidated cost of goods sold = ( total of goods sold by bought company ) - ( intra-entity transfer ) + ( ending unrealized gross profit ) - ( beginning unrealized gross profit )
= ( 5400000 + 1200000 ) - ( 1000000 )+(1000000*20%)*20% - {(650000*15%)*(450000/650000)}
= 6600000 - 1040000 - ( 97500 * 45/65 )
= $5572500
