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4 years ago

What is a duty paid on a particular class of goods?

Business

1 answer:

mina [271]4 years ago

5 0

Speed post cuier service
parcel package system goods service class

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What entry would blue make to record the sale of the machine for $30,250 cash?

nirvana33 [79]

An increase in cash would definitely placed in debit because it considered an asset and we need to place the increase of sales on the credit side.
So, in this case, the entry would be

Cash $ 30,250
Sales $ 30.250

6 0

3 years ago

Roselawn Company reported net sales of $90,000 and net income of $18,000 for the previous year ended December 31. The company re

gregori [183]

Answer:

The company’s profit margin for the current year ended December 31 (rounded to the nearest decimal point) is 20%

Explanation:

Use the following formula to calculate the Profit Margin

Profit Margin = $\frac{Net Income}{Net Sales} X 100$

Where

Net Income = $20,000

Net Sales = $100,000

Placing values in the formula

Profit Margin = $\frac{20000}{100000} X 100$

Profit Margin = 0.2 x 100

Profit Margin = 20%

5 0

3 years ago

The Marshall Company has a process cost system. All materials are added when the process is first begun. At the beginning of Sep

Mademuasel [1]

Answer:

c) 48,000 units

Explanation:

The question is to compute the equivalent units of materials in September for Marshall Company

It is computed as follows:

1) Beginning Equivalent Unit

At the beginning, Units = 0, Percent completed = 0 and Equivalent unit= $0

Equivalent Units Started ad Completed

2) Started Units= 50,000 units

Units still in process at the end of September = 5000 units

Started and Completed = 50,000 - 5,000 = 45,000

Since the Units completed is 45,000, it means 100% completed equivalent unit is 45,000

3) Closing Equivalent Units

In process = 5,000 units and percent completed is 3/5

Equivalent unit is 3/5 x 5000 = 3000 units

Finally, total equivalent units for conversion costs in September

= 0 + 45,000 + 3,000

=48,000 units

4 0

3 years ago

Under what circumstances might stockholders be displeased with a corporation's performance?

Minchanka [31]

I would say the shareholders could disapprove of the performance of their company if it was to consistently to lose money over say several quarters with no signs of improvement or no encouragement by management that this was a temporary situation,

6 0

3 years ago

(a) What factors determine a

Snezhnost [94]

Answer:

(a) What factors determine a company's total revenue?

Sales.

(b) Do higher lead to increased revenues for a company?

Yes, a <u><em>Lead</em></u> is a person or company that might finally become a client, and drive the sales up.

6 0

3 years ago