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eduard
3 years ago
11

50 pts!!! up for grabs!!!

Business
1 answer:
astraxan [27]3 years ago
7 0

Answer:

thx fpr the 50 bro and can i get brainliest i need one more

Explanation:

You might be interested in
The following data represent quantities of tea leaf pluckings (tender shoots from tea plants) from sixteen different plots of te
mr_godi [17]

Answer:

Explanation:

1)H_0 : All group means equal or \mu _1=\mu _2=\mu _3=\mu _4

H_1:\mu 1=\mu 2=\mu 3\neq \mu 4

At least one of the treatment group means are different

ANOVA TABLE      

<u>Source of Variation    SS         df      MS            F          P-value        F crit </u>

Between Groups       213.5      3    71.16667   0.65 0.5975     3.490295

Within Groups          1312.5      12   109.375  

MSB = SSB / DFB = 71.16667

MSE = SSE / DFE = 109.375

F = MSB / MSE = 0.650667

3) P-value: 0.597576

The test statistic is not significant and failed to reject the null hypothesis.

4) The test statistic is not significant. So, there is no evidence to conclude that there is a difference between groups.

4 0
3 years ago
May 24 Sold merchandise on account to Old Town Cafe $18,450. The cost of goods sold was $11,000.
zubka84 [21]

Answer:

Date       General Ledger                                        Debit        Credit

May 24   Accounts Receivable-Old Town Café   $18,450

                      Sales                                                                   $18,450

              Cost of goods sold                                 $11,000

                       Inventory                                                            $11,000

Sept. 30  Cash                                                         $6,000

                      Allowance for Doubtful Accounts                      $12,450

                      Accounts Receivable-Old Town Cafe               $18,450

Dec. 7    Accounts Receivable-Old Town Cafe      $12,450

                      Allowance for Doubtful Accounts                     $12,450

              Cash                                                             $12,450

                       Accounts Receivable-Old Town Cafe               $12,450

7 0
3 years ago
Leon exchanges an office building which he held as investment property for a bowling alley. His office building has a basis of $
exis [7]

Answer:

According to Section 1031 of Internal Revenue Code, an exchange of like-kind property is referred to as like-kind exchange, if the exchange meets the following criteria:

  • The property should be exchanged only for the 'like-kind' (same class) property.
  • The 'like-kind' property that is in exchange should be either used in operations of business or held for investment purposes.
  • The exchange should be done under specific timing restrictions or requirements (for indirect exchanges through third parties).

Explanation:

A) Explanation: Since both the properties in exchange are real properties which are used in business, this is a like-kind exchange

B)  

Description                           Amount ($)

Fair market value of bowling alley   120,000

<u>Add: Mortgage value L is relieved off     40,000</u>

Amount reali7ed                      160,000

<u>Less: Adjusted basis             (175:000) </u>

<u>Realized loss by L                      (15,000) </u>

C) Explanation: Since the loss realized is due to exchange, the loss is not recognized.

D) Explanation: Since the loss is not recognized, the character of gain or loss could not be

E) Explanation: The total of realized loss, $15,000 (From Requirement (b)) is deferred.

F) Determine the basis of property acquired in exchange, bowling alley.

Description                         Amount ($)

Fair market value of bowling alley        120,000

<u>Add: Deferred loss                   15,000 </u>

<u>Basis of bowling alley                  135,000 </u>

8 0
3 years ago
The Alford Group had 320,000 shares of common stock outstanding at January 1, 2018. The following activities affected common sha
jeka57 [31]

Answer:

1. $2.5 Per Share

2. $0.9375 per share

3. $1.25

Explanation:

According to the scenario, computation of the given data are as follow:-

1. EPS 2018

Earning Per Share(EPS) = Net Income ÷ Weighted Average Outstanding Share of Common Stock

2018:- Weighted Average Outstanding Share of Common Stock = (320,000 × 12 ÷ 12) - (24,000 × 10÷12) + (24,000 × 2÷ 12) + (96000 × 1÷12)

= 320,000 - 20,000 + 4,000 + 8,000 =312,000 shares

2018 Net Income = $780,000

Earning Per Share ( EPS ) 2018 = $780,000 ÷ 312,000 = $2.5 Per Share

2. 2019 EPS:-

Common Stock Share at the Beginning of 2019 =320,000 - 24,000 + 24,000 + 96,000 = 416,000 shares

2019:- Weighted Average Outstanding Share of Common Stock = 416,000 × 2 = 832,000

2019 Net Income = $780,000

EPS = $780,000 ÷ 832,000 = $0.9375 per share

3. The 2018 EPS Be Presented in 2019 Comparative Financial Statement = Net Income ÷ (Weighted Average Outstanding Shares Of Common Stock For 2018 × Stock) )

= $780,000 ÷ (312,000 × 2)

= $780,000 ÷ 624,000

= $1.25

5 0
3 years ago
Suppose that Italy and Portugal both produce cheese and wine. Italy's opportunity cost of producing a bottle of wine is 2 pounds
Lemur [1.5K]

Answer:

The correct answer is letter "A": Neither Italy or New Zealand.

Explanation:

Comparative advantage is the ability of an individual or organization to manufacture its products at a lower opportunity cost than its competitors. The scenario does not imply the individual has an absolute advantage. It actually means it sacrifices less to achieve that goal.

Thus, <em>Portugal has a lower opportunity cost than Italy in producing a bottle of wine. Portugal's opportunity cost is 1/2 while Italy's opportunity cost is 2. Neither Italy or New Zealand (or any other country not mentioned in the example) has a comparative advantage in producing wine</em>.

5 0
3 years ago
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