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sveta [45]
3 years ago
11

What did Lonnie Johnson work on in the military

Business
1 answer:
arlik [135]3 years ago
5 0

Lonnie Johnson had an illustrious career as a nuclear engineer working on the Galileo space programme and the stealth bomber - but he is best known for creating a water pistol.

Hope this helped!

Good luck :p

~Emmy <3

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Havermill Co. establishes a $330 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei
slavikrds [6]

Answer: a) Debit to Office Supplies for $81.

Explanation:

Office Supplies of $81 were used in the month of September. When replenishing the fund, this asset will be accounted for by being debited and cash will be credited to reflect the reason the cash account is being reduced.

The Journal entry for the replenishment will be;

DR Office supplies Account ......................................$81  

DR Merchandise inventory Account ........................$153  

DR Misc. expense Account........................................ $30  

CR Cash account ......................................................................$264

5 0
3 years ago
Hunt Company purchased factory equipment with an invoice price of $90,000. Other costs incurred were freight costs, $1,100; inst
saul85 [17]

Answer:

Acquisition cost of the Equipment = $94,000

Double declining depreciation rate = 25%

Explanation:

a. The computation of the acquisition cost of the equipment is shown below:-

Acquisition cost of the Equipment = Invoice cost + Freight costs + Installation wiring and foundation + Material and labor costs used in testing

= $90,000 + $1,100 + $2,200 + $700

= $94,000

b. The computation of double declining depreciation rate is  here below:-

Double declining depreciation rate = 1 ÷ Depreciation life × Times

= 1 ÷ 8 × 2

= 0.125 × 2

= 0.25

or

= 25%

8 0
3 years ago
Each day, Tasty Tortilla Company incurs total costs of $8,000 to process flour into tortillas. The company can sell the tortilla
Murljashka [212]

Answer:

c. The firm will make an additional $4200 in income per day if it sells taco shells instead of tortillas.

Explanation:

Tortilla daily revenue: $8000

Tortilla daily cost: $22500

Taco shell daily revenue: $26,700

Taco shell daily cost: $8000 + $4200 = 12200

Additional income if Taco Shells sold instead of Tortillas: $26,700 - 22,500 = $4200

3 0
3 years ago
a corporation reported cash of $15,800 and total assets of $180,100 on its balance sheet. its common-size percent for cash equal
Veseljchak [2.6K]

Its common-size percent for cash equals 8.77%.

Cash is prison gentle—currency or coins—that may be used to change items, debt, or offerings. Every so often additionally it is the value of the property that may be easily converted into coins right away, as stated through an employer.

A cash price is bills or cash paid by the recipient of products or services to the issuer. It can also contain a fee inside an enterprise to employees in compensation for their hours worked or to pay off them for minor prices which are too small to be routed thru the accounts payable device.

Coins in a bank mean the contemporary balance in checking accounts, savings accounts, or the like within the call of the enterprise/enterprise applying for a certificate. Do now not encompass retirement bills or personal bank account balances.

Percent of cash to total asset    = Cash / Total Assets

                                                 = 15800 / 180100

                                                 = 8.77%

Learn more about cash here brainly.com/question/24179665

#SPJ4

6 0
1 year ago
Giselle has $10,000. She could put it in a CD earning 2% interest, a tech stock earning an 18% return this year, a mutual fund l
Arturiano [62]
The investment with the lowest volatility is the CD.

CD stands for Certificate of Deposit. It is a savings certificate that states that the bearer of the certificate is entitled to receive interest. A Certificate of Deposit reflects the amount invested, specified interest rate, and its maturity date.

In Giselle's case, her CD will reflect a $10,000 with an interest rate of 2% compounded annually and a maturity date that is either one month up to five years from the day of opening the CD account and depositing the cash.

Regardless of what happens in the stock market, Giselle is assured of earning 2% from her $10,000 investment. For example: her term is 1 year.
$10,000 * 2% * 360/360 = 200 is the interest she will earn for the year.

4 0
3 years ago
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