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3 years ago

What are supply chain

Business

1 answer:

Yuri [45]3 years ago

3 0

Processes involved in the production & distribution of a commodity

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Which function is one that pertains to the Federal Reserve System?I. conducting fiscal policy.II. examining and supervising comm

Over [174]

Answer: yo mama

Explanation:

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3 years ago

Beta Company leased equipment from Summer Industries. The lease agreement qualifies as a finance lease and requires annual lease

Tamiku [17]

Answer:

Total increase in pretax earnings on Summer’s December 31, 2019, income statement is $20,253

Explanation:

Fair value of asset sold on lease = Present value of lease payments = $50,000 * Cumulative PV factor at 6% for 8 periods of annuity due

= $50,000 * 6.20979

= $310,490

Interest income for 2019 = ($310490 - $50,000) * 6% = $15,629

Total increase in pretax earnings on Summer’s December 31, 2019, income statement = $310490 - $300,000 + $15,629 - 5866 = $20,253

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2 years ago

anufacturers consider selling and administrative costs to be A. prime costs. B. conversion costs. C. inventoriable costs. D. per

malfutka [58]

Answer:

D. period costs.

Explanation:

The period cost is the cost which is incurred during the passage of time. It includes the major part of the ling and administrative expenses of the income statement. This cost is not capitalized. It is to be allocated based on the expenses that are against the revenue.

Example - Depreciation on delivery trucks, advertising expense, etc

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3 years ago

On which group will a progressive tax place a greater tax burden?

Furkat [3]

Poor citizens will be greatly affected by a increase in taxes,nobody takes into account there day to day living,rent,utilities,food and that's just to name a few.

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3 years ago

Read 2 more answers

For each of the following (1) identify the type of account as an asset, liability, equity, revenue, or expense, (2) identify the

romanna [79]

Answer:

Please see explanation.

Explanation:

1. and 2.

Type of accounts Normal balance

a. Cash asset Debit

b. Legal Expense expense Debit

c. Prepaid Insurance asset Debit

d. Land asset Debit

e. Accounts Receivable asset Debit

f. Dividends equity Debit

g. License Fee Revenue revenue Credit

h. Unearned Revenue liability Credit

i. Fees Earned revenue Credit

j. Equipment asset Debit

k. Notes Payable liability Credit

l. Common Stock equity Credit

Journal entries to increase the balance:

Dr Cr

a. Cash Cash Revenue

b. Legal Expense Legal expenses Cash

c. Prepaid Insurance Prepaid Insurance Cash

d. Land Land Cash

e. Accounts Receivable Accounts receivable Revenue

f. Dividends Retained earnings cash

g. License Fee Revenue Cash License Fee Revenue

h. Unearned Revenue Cash Unearned revenue

i. Fees Earned Cash Fees Earned

j. Equipment Equipment Cash

k. Notes Payable Cash Notes Payable

l. Common Stock Cash Common Stock

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3 years ago