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Svetach [21]
4 years ago
13

The raw materials used in manufacturing during the year totaled $1,018,000. Raw materials purchased during the year amount to

Business
1 answer:
Margaret [11]4 years ago
5 0

Answer:

1,081,000

Explanation:

Here we will use the formula

Material Purchase = Beginning raw material - (Ending raw material + raw material used)

by applying this formula we can calculate Material purchased.

= 547,000 - (610,000+1,018,000)

= 1,081,000

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Public-opinion polls in a small city have revealed that citizens want more resources spent on public safety, an annual fireworks
Gre4nikov [31]

Answer:

The correct answer is Community swimming pools.

Explanation:

Taking into account the duties of public entities that are not susceptible of being assigned to individuals, within the three requests only that of community pools can be privatized due to the low relationship they have with the responsibilities of a public entity of this type. The other two requests are of a different nature, and, despite having involvement with other forces or interests, the local government must ensure proper management of public resources that is evident in the citizens.

3 0
3 years ago
Other things being equal, an increase in the number of sellers of a good will _____ for that good.
Ahat [919]

Answer:

The correct answer is letter "C": decrease equilibrium price and increase equilibrium quantity .

Explanation:

An increase in the number of sellers in a market of a certain good implies the quantity demanded for that good will increase, thus the equilibrium quantity will be higher. According to the demand law, if the quantity demanded goes up, the price is likely to decrease, so, the equilibrium price will be lower.

Thus, <em>the increase in sellers will raise the equilibrium quantity decreasing the equilibrium price.</em>

5 0
4 years ago
A corporation issued 5,000 shares of its no par common stock that was assigned a $1 stated value per share. The issue price was
ad-work [718]

Answer and Explanation:

The Journal entry is shown below:-

Cash account Dr. $50,000

        To Paid in Capital in Excess of Stated Value account $45,000

        To Common Stock account $5,000

(Stated Value 1 × $5,000)

Being common stock issued is recorded)

For recording the common stock issued we simply debited the cash account as it is increasing assets while we credited the paid in capital in Excess of Stated Value and common stock as equity is increasing.

4 0
4 years ago
What is the return on common stockholdersâ equity based on the following: Beginning Common Stockholdersâ Equity: $10,317,000 End
Slav-nsk [51]

Answer:

13.28%

Explanation:

return on stockholders' equity = net income after taxes and preferred stock dividends / average stockholders' equity

  • net income = $1,429,000
  • preferred stocks dividends = 8,000 stocks x $75 x 6% = $36,000
  • average stockholders' equity = ($10,317,000 + $10,662,000) / 2 = $10,489,500

return on stockholders' equity = ($1,429,000 - $36,000) / $10,489,500 = 13.28%

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4 years ago
What is meant by pie - chart? Discuss the process of its formation??<br>​
Rus_ich [418]

A pie chart (or a circle chart) is a circular statistical graphic, which is divided into slices to illustrate numerical proportion. In a pie chart, the arc length of each slice (and consequently its central angle and area), is proportional to the quantity it represents.

6 0
2 years ago
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