Answer:
Alternative D
Explanation:
Because proprietorships are usually huge organizations that in a quantitive way is a few
Answer:
Assets= 15,000
Liabilities= 10,000
Owner's equity= 5,000
Explanation:
When he invests 5,000 of his own money that 5,000 is an asset as it is cash and the 10,000 he borrows is also an asset as it is cash. The liabilities are 10,000 as he has to pay 10,000 back and it is a loan so it is a liability also.
The owners equity is 5,000 as he invested 5,000 of his own money in the business and that is owners equity.
Global trade is trade that happens across international borders. Rather than one country buying and selling things, goods and services are traded between countries across the globe.
Answer:
True
Explanation:
The plant wide overhead cost allocation rate is the rate that comes after dividing the estimated total manufacturing overhead by the total estimated cost allocation base i.e estimated machine hours or estimated machine labors
In mathematically,
Plant wide overhead cost allocation rate equals to
= (Estimated total manufacturing overhead) ÷ (Total estimated cost allocation rate)
Answer:
Sell by $2 per unit before assembly, the company would be better off.
Explanation:
The decision of Concord with the help of computation is shown below:-
Profit = Selling price - Cost
= $45 - $24
= $21
Assembled product:-
Cost = $24 + $8
= $32
Profit = Selling price - Cost
= $51 - $32
= $19
Therefore, Sell by $2 per unit before assembly, the company would be better off.
