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3 years ago

All of the following would be listed as surplus items on the U.S. balance of payments international accounts except

Business

1 answer:

allochka39001 [22]3 years ago

7 0

Answer:

The correct answer is B: U.S. tourists' expenditures in foreign countries.

Explanation:

To be listed as a surplus in the U.S. balance of payments, it needs to be an entry of money to the economy. The option B is the only one that does not meet the requirements. U.S. tourists' expenditures in foreign countries mean an exist of money to other countries.

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The postponement of a project until conditions are more favorable: I. is a valuable option. II. is referred to as the option to

Bezzdna [24]

Answer:

The postponement of a project until conditions are more favorable:

III. could cause a negative net present value project to become a positive net present value project.

Explanation:

With the favorable project conditions, the negative NPV will be revised to a positive NPV because the positive conditions will ensure the generation of positive cash inflows. The result is that the project will be assessed as acceptable since the net present value will become positive. Generally, favorable project conditions create outcomes that are positive for the cash flows, thereby generating more positive cash inflows and reducing the impact of cash outflows.

8 0

3 years ago

Dobles Corporation has provided the following data from its activity-based costing system: Activity Cost Pools Estimated Overhea

Sati [7]

Answer:

Dobles Corporation

The unit product cost of product D28K is:

$144.01

Explanation:

a) Data and Calculations:

Activity Cost Pools Estimated Overhead Cost Expected Activity

Assembly $228,060 18,000 machine hours

Processing orders $34,068 1,200 orders

Inspection $125,560 1,720 inspection hours

Units of D28K produced per year = 420 units

D28K requirements:

Machine hours 460

Orders 80

Inspections 10

Direct materials cost per unit = $48.96

Direct labor cost per unit = $25.36

Activity rate:

Assembly $228,060/18,000 = $12.67 per machine hour

Processing orders $34,068/1,200 = $28.39 per order

Inspection $125,560/1,720 = $73 per inspection-hour

Cost of D28K:

Machine hours 460 * $12.67 = $5,828

Orders 80 * $28.39 = $22,712

Inspections 10 * $73 = $730

Total overhead costs = $29,270

Overhead cost per unit = $69.69 ($29,270/420)

Unit Cost of D28K:

Direct materials cost per unit = $48.96

Direct labor cost per unit = $25.36

Overhead cost per unit = $69,69

Total unit cost = $144.01

7 0

3 years ago

Splish Brothers Inc. uses a perpetual inventory system. Data for product E2-D2 include the following purchases.

harkovskaia [24]

Answer:

Splish Brothers Inc.

Perpetual Inventory Schedule using moving average costs:

Date Description Number Average Cost Total Cost Cost

of Units Balance

May 7 Purchase 105 $7 $735 $735

June 1 Sales (55) $7 385 350

July 28 Purchase 63 $18 1,134 1,484

August 27 Sales (84) $13.1327 1,103 381

Explanation:

a) Data and Calculations:

Date Number of Units Unit Price Total Costs

May 7 Purchase 105 $7 $735

June 1 Sales (55) $7 385

July 28 Purchase 63 $18 1,134

August 27 Sales (84) $13.1327 1,103

Cost of goods sold = $1,488 ($385 + $1,103)

Ending inventory = $381

8 0

3 years ago

The following are selected 2017 transactions of Sean Astin Corporation.

Vadim26 [7]

Answer and Explanation:

The Journal entries are shown below:-

A. a. Purchase Dr, $50,000

To Accounts payable $50,000

(Being purchase of inventory is recorded)

b.Accounts payable Dr, $50,000

To Notes payable $50,000

(Being issuance of notes is recorded)

c.Cash Dr, $50,000

Discount on notes payable Dr, $4,000

To Notes payable $54,000

(Being amount borrowed from bank and issued notes is recorded)

B. a. Interest expenses Dr, $1,000 ($50,000 × 8% × 3 ÷ 12)

To Interest payable $1,000

(Being interest expenses is recorded)

b. Interest expenses Dr, $1,000 ($4,000 × 3 ÷ 12)

To Discount on notes payable $1,000

(Being interest expenses is recorded)

C. The Computation of interest-bearing note and the zero-interest-bearing note is shown below:-

Interest-bearing note = Note payable + Interest payable

= $50,000 + $1,000

= $51,000

Zero-interest-bearing note = Note payable - Discount

= $54,000 - ($4,000 - $1,000)

= $54,000 - $3,000

= $51,000

8 0

3 years ago

Jorgensen High Tech Inc. is a calendar-year, accrual-method taxpayer. At the end of year 1, Jorgensen accrued and deducted the f

Wittaler [7]

Answer:

$100,000

Explanation:

Based on the information given Jorgensen may lessen the amount of $100,000 in the second year which is year 2 reason been that the amount are NOT FIXED amount at the end of the year 1 because the employees are qualified to receive the bonus amount only in a situation where the employees are been employed on the date the bonuses amount were been paid.

Employees Deductible Year 1 Deductible Year 2

Ken $0 $40,000

Jayne $0 $30,000

Jill $0 $20,000

Justin $0 $10,000

Total $100,000

4 0

3 years ago