D) as closing entries are apart og the accounting cycle, and only temporary accounts like expenses are closed.
Answer:
what amount of Raxston’s liability should be eliminated? d.$500,000
Explanation:
At different levels of the consolidation, certain intercompany payables and receivables balances must be eliminated. Eliminations are only required in the context of a consolidation where the trading parties are both included in a given consolidation.
Answer:
<u>Macro-environment:</u>
- Media: The low positioning of the Colorado School framework is getting a great deal of inclusion in predominant press and online life
- GenX: GenX's posterity are starting to enter auxiliary schools. This age requests a tech-rich encounter for it's youngsters
- Monetary Downturn: As the economy eases back, less families can bear to send their children to tuition based school, bringing about expanded government funded school enlistments
<u>Micro-environment:</u>
- Bring your own tech More schools are urging their understudies to cell phones and tablets to class which permits students to discover data online instead of in reading material.
- Finance Department: Financial investigators propose that a 10% cut in costs is vital one year from now to expand Gerfachs return on deals
- Contenders: Gerfach faces expanding rivalry from firms that produce digital books as it were
Answer:
65%
Explanation:
Calculation to determine its predetermined overhead rate for the next period should be:
Using this formula
OH rate = Estimated overhead next period/direct labor
Let plug in the formula
OH rate = $65,000/$100,000
OH rate = 65%
Therefore If CWN bases applied overhead on direct labor cost, its predetermined overhead rate for the next period should be: 65%
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Hope this helps, Happy Valentines day (:
