Answer:
Daniel Hair Stylists
Balance Sheet
For the year ended December 31, 2018
<u>Assets</u>
Current assets
- Cash $1,000
- Accounts Receivable $900
- Office Supplies <u> $600</u>
Total current assets $2,500
Non-current assets
- Equipment, net $19,700
- Accumulated depreciation <u> ($2,000) $17,700</u>
Total non-current assets <u>$17,700</u>
Total assets $20,200
<u>Liabilities</u>
Current liabilities
- Accounts Payable $900
- Interest Payable <u>$550
</u>
Total current liabilities $1,450
Total long term liabilities <u>$3,400</u>
Total liabilities $4,850
<u>Owner's Equity</u>
Owner's equity
- Retained earnings $4,700
- Common stock <u> $10,650</u>
Total owner's equity <u> $15,350</u>
Total liabilities and owner's equity $20,200
In a given condition, wherein the cost of 4 automobile tires is $112, then the cost of one automobile tire will be $28.
<h3>What is the significance of cost?</h3>
The actual cost per unit of a product can be referred to or considered as the total of total cost divided by the total number of units in an observation. From the given information, the use of formula for calculating the cost of one automobile tire will be done using the below method.
Therefore, the significance regarding the cost of one tire has been aforementioned.
Learn more about cost per unit here:
brainly.com/question/27853679
#SPJ4
Answer:
Grease payments, Option A, are payments to ensure receiving the standard treatment that a business ought to receive from a foreign government, but might not due to the obstruction of a foreign official
Explanation:
Grease payment is like a bribe which is usually small in amount and is provided to a government official or to a businessman with the aim of expediting a business decision. It may also be used in case any shipment or any transaction needs to be expedited.
Grease payments do not change the result of the foreign official's decision, under FCPA. If it changes the consequence, then it is considered a bribe. In that case, grease payments become illegal. It also depends on the amount given to the official and their frequency to decide if it is illegal.
The amount of track improvement cost that should be allocated to the Western Division is $3,200,000.
<h3>What amount should be allocated to
Western Division?</h3>
The amount that should be allocated to Western Division is a function of the miles travelled on the Western division.
The amount to be allocated to Western Division : (miles travelled on Western division / total miles travelled) x cost of the revision
- miles travelled on Western division = 800,000 miles
- total miles travelled = 1,200,000 + 800,000 = 2,000,000 miles
The amount to be allocated to Western Division : (800,000 / 2,000,000) x 8,000,000 = $3,200,000
To learn more about cost, please check: brainly.com/question/25717996
#SPJ1
