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9966 [12]
2 years ago
14

Describe an example of a company that manufactures a product.

Business
1 answer:
qaws [65]2 years ago
5 0
  <span>In the current generations, a lot of companies are competing in the market.
Here are some examples of Companies and their product:
Nestle – A manufacturing company that produce consumables.
                => Milo
                => coffee
                => milk

Microsoft – an IT manufacturing company that produce different technology
                => Operating systems
                => software
                => hardware
Apple – another  IT manufacturing company that produce technology and gadgets
                => phones
                => IPhone
                => tablets
NCR – a research and development company that produce product like:
                => ATM machines
                => Point on sales
                => Printers, inks</span>



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The following account balances appear in the 2018 adjusted trial balance of Blue Devils Corporation: Cash, $4,800; Accounts Rece
lbvjy [14]

Answer:

Cash                            4,800

Accounts Receivable 8,800

Supplies                      18,800

Total Current              32,200

Equipment                  118,000

Acc Depreciation       (44,000)

Total non-current          74,000

Total assets                  106,200

Accounts Payable        25,800

Salaries Payable           15,800

Total Liabilities              41,600

Common Stock            58,000

Retained Earnins            6,400

<em>Total Equity                 64,600</em>

Total Assets + Liab     106,200

Explanation:

We solve this by appling the basic accounting equation:

Assets = Liabilties + Equity

First we solve for total assets.

Then we solve for the total amount of equity

and finally we clear for retained earnigns.

Cash                            4,800

Accounts Receivable 8,800

Supplies                      18,800

Total Current              32,200

Equipment                  118,000

Acc Depreciation       (44,000)

Total non-current          74,000

Total assets                  106,200

Accounts Payable        25,800

Salaries Payable           15,800

Total Liabilities              41,600

Common Stock            58,000

Retained Earnins     (64,600 - 58,000) = 6,400

<em>Total Equity (106,200 - 41,600) = 64,600</em>

Total Assets + Liab     106,200

8 0
3 years ago
What is the advantage to spending less money than is earned?
tamaranim1 [39]
Pretty much saving up money. if you can save up enough you can treat yourself later in life
8 0
3 years ago
Read 2 more answers
Question 9 The Sunland, Inc. sold 9,120 season tickets at $2,100 each. By December 31, 2017, 16 of the 40 home games had been pl
MissTica

Answer:

The current liability at December 31st 2017 is $ 11,491,200.00

Explanation:

The total amount realized from the sale of tickets is  $19,152,000.00  

($2100*9120) which is a revenue received in advance , a current liability,however only 16 out of 40 games have been played at 31st December 2017, which implies that Sunland Inc is now entitled to recognize revenue for 16 games.

The revenue for 16 games is computed below:

$19,152,000.00  *16/40=$ 7,660,800.00  

The necessary entries for this is shown below:

Dr Deferred revenue         $7,660,800.00  

Cr Sales revenue                                           $7,660,800.00

This leaves a balance of $ 11,491,200.00  ($19,152,000.00  -$7,660,800.00) in the deferred revenue account, by implication the current liability at December 31st 2017 is $ 11,491,200.00

 

6 0
3 years ago
Earthquake, drought, fire, economic famine, flood, and a pestilence of TV court reporters have caused an exodus from the City of
Len [333]

Answer:

Buy

Explanation:

First, we need to find out what is the cost incurred by the company in building the power station and after that, we will compare that cost with the selling price of the power from Tri-county G&T. the lower-priced option will be considered as best option.

Cost incurred by the company in building the power station = $10,000,000 + (150,000 x $35)

Cost incurred by the company in building the power station = $10,000,000 + $5,250,000

Cost incurred by the company in building the power station = $15,250,000

Selling price of the power from Tri-county G&T = 150,000 x $75

Selling price of the power from Tri-county G&T = 11,250,000

Decision: It would be a wise option for the company to buy it. From buying the power the company will save $4m.

3 0
3 years ago
Ceteris paribus​, in a closed​ economy, if consumers become more optimistic​ ________.
alexandr402 [8]

Ceteris paribus​, in a closed​ economy, if consumers become more optimistic​ the equilibrium interest rate should increase .

So the answer is the equilibrium interest rate should increase

5 0
3 years ago
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