Answer:
The ending balance of retained earnings for the company $ 140.000
Explanation:
Retained Earnings increase the balance with the Net Income of each year that it's not withdrawalled by the owner or because are not paid dividends, to this case the owner only withdraw $10.000 of $50.000 generated during the year.
Answer:
The correct answer is $20,369.65.
Explanation:
According to the scenario, the computation of the given data are as follows:
Payment (pmt) = $2,025
Discount rate ( rate) = 7%
Time period ( Nper) ( 6 -23 years) = 18 years
So, we can calculate the Present value by using financial calculator.
Attachment is attached below.
So, Present Value = $20,369.65
Answer:
$60,000
Explanation:
Given that,
Direct materials = $42,900
Direct labor = $29,500
Manufacturing overhead = $30,500
Selling expenses = $21,700
Administrative expenses = $35,800
Conversion costs:
= Direct labor + Manufacturing overhead
= $29,500 + $30,500
= $60,000
Therefore, the conversion costs for September is $60,000.
The answer is D. Physical or cultural difference; subordination.
