I don’t know bro try English?
Answer:
trial balance
Explanation:
Based on the information provided within the question it can be said that in this scenario Audrey will prepare a trial balance. This refers to an extensive list detailing all the general ledger accounts that can be found within the ledger of a business, each of which will reveal the name and balance of that account. This is what Audrey is preparing and is one of the main tasks completed by accounting departments.
Answer:
C. Private limited company
Explanation:
Ownership in a private limited company is restricted, unlike in a public limited company. The shareholders of a private limited company are usually family members, close friends, or people with a shared interest.
A private limited company can raise capital by selling additional shares. Because becoming a shareholder in a private limited company is restricted, private companies raise capital by selling shares to existing shareholders or to invited investors.
The value of the ending inventory under variable costing is calculated to be $19,600.
To determine the value of the ending inventory under variable costing we first find out the units in the ending inventory as follows;
Units in ending inventory = Units in beginning inventory + Produced units − Sold units
Units in ending inventory = 0 + 6000 - 4600
Units in ending inventory = 1400
Now the value of the ending inventory under variable costing can be determined by multiplying units in the ending inventory by the variable production cost as follows;
Value of Ending inventory = Unit in ending inventory × Variable production cost
Value of Ending inventory = 1400 × 14
Value of Ending inventory = $19,600
Hence, the value of the ending inventory would be $19,600 under variable costing.
To learn more about ending inventory; click here:
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Answer:
Inventory Turnover Ratio for 2008= 3.223 Times
Inventory Turnover Ratio for 2009= 3.91 times
Explanation:
Inventory Turnover Ratio= Cost of Goods Sold / Average Inventories
Inventory Turnover Ratio for 2008= $632,000/ $201,000
+ 191,100/2
Inventory Turnover Ratio for 2008= $632,000/196,050
Inventory Turnover Ratio for 2008= 3.223 times
Inventory Turnover Ratio for 2009= $ 731,000/191,100
+ 182,600/2
Inventory Turnover Ratio for 2009= $ 731,000/ 186,850
Inventory Turnover Ratio for 2009= 3.91 times
