Answer:
Explanation:
April 2
Dr Cash 34,830
Dr Equipment 15,540
Cr Owner's capital 50,370
April 2
no entry
April 3
Dr Supplies 830
Cr Accounts payable 830
April 7
Dr Rent expense 630
Cr Cash 630
April 11
Dr Accaunts receivable 1360
Cr Service Revenue 1360
April 12
Dr Cash 3940
Cr Unearned service revenue 3940
April 17
Dr Cash 2950
Cr Service Revenue 2950
April 21
Dr Insurance expense 150.30
Cr Cash 150.30
April 21
Dr wages expense 1280
Cr Cash 1280
April 30
Dr Supplies expense 130
Cr Supplies 130
April 30
Dr Equipment 7000
Cr Owner's capital 7000
Answer:
$200 million
Explanation:
Data provided in the question
Number of granted restricted stock = 40 million at $1 par common shares
The market price per share = $5
So, the total compensation cost is
= Number of granted restricted stock × market price per share
= 40 million × $5 per share
= $200 million
Basically we multiplied the number of granted restricted stock with the market price per share
Answer:
Sales less variable production, variable selling, and variable administrative expenses.
Explanation:
On a contribution margin income statement the variable administrative and variable selling are considered as variable cost and used to determinate the contribution margin.
Contribution margin =
sales revenue - total variable cost
the fixed cost are listed below the contriution,
once subtracted from the contribution, the rest is the net income.
Answer:
TRUE
Explanation:
The integration of countries from the same region into a trade bloc has the purpose of free movement of goods and services among lower-priced member countries. This is because from integration, countries give up tariffs and customs barriers, allowing products to be marketed to everyone at a lower cost, aiming at the common good. If countries use the same currency, the benefits of integration are even greater as they eliminate currency conversion costs.An example of this type of integration is the European Union, where products move freely between member countries and are sold in the same currency, the euro.
