<span>True. When there is unrest, it makes for an uncertain business climate. Businesses are averse to uncertainty and would not want to invest in nations which are experiencing infighting or other sorts of upheaval. Stability is the key for businesses and organizations to find good trading partners and investments.</span>
Answer:
Part A
1) Total amount of oats allowed = 960000*16 = 15360000 ounce
2) Total amount of labor hours allowed
= 960000*.04 = 38400 Hours
Part B :
1) Total amount of oats allowed = 750000*17 = 12750000 ounce
2) Total amount of labor hours allowed
= 750000*.04 = 30000 Hours
Explanation:
Answer:
a. relate balance sheet assets to income statement sales.
Explanation:
Asset utilization ratio measures the ability of a firm to generate revenue from each dollar of assets that it holds. It is computed using the following formula:
Asset Utilization = Revenue / Average Total Assets
Revenue is an income statement account, while average total assets is a balance sheet account, thus, the answer is a.
Answer:
February 2
Debit Inventory $60,000
Credit Cash/Accounts payable $60,000
February 5
When a return of the item purchased is done,
Debit Cash/Account payable $4,000
Credit Inventory $4,000
Explanation:
In the perpetual inventory system, any movement (sale or return or purchase) must be adjusted in the books once the item moves.
When an item is purchased, such purchase may be done by cash or on account, the entries required are
Debit Inventory
Credit Cash/Accounts payable
When a return of the item purchased is done,
Debit Cash/Account payable
Credit Inventory
Amount returned = $40 * 100
= $4,000
Y = original value • growth ^(time/period of growth)
30000000000000 = 15000000000000 • (1+0.02)^(x/1)
Divide both sides by 15 trillion
2 = (1.02)^(x)
take logarithm of both sides
log2 = log1.02^x
Bring x down using log law
log2 = xlog1.02
Divide both sides by log1.02
x = 35
35 years
