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4 years ago

The balance in Unamortized Discount on Bonds Payable

Business

1 answer:

Irina-Kira [14]4 years ago

4 0

Answer:

Correct option is (a)

Explanation:

Any difference in the amount of par value of bond and the cost at which it was acquired. The organization can either choose to expense the discount or held the same as an asset that is amortized over the years till maturity of bond.

Unamortized discount is the amount that is not yet expensed. The same is reported on the balance sheet as a deduction from face value of bond.

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Just-in-time inventory (JIT) systems: a. are used only by manufacturing firms. b. provide a buffer stock of inventory for a comp

Annette [7]

Answer:

The correct answer is d. are used to reduce inventory holding costs.

Explanation:

The Just-in-time inventory (JIT) system is a stock management system where stock is received when needed for production (stock received just in time for production). This inventory strategy increases efficiency and decreases waste by receiving goods only as they need them for the production process, which reduces inventory costs. However its effectiveness lies in accurate demand forecast.

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3 years ago

Amika has a high-paying job that she loves. She works so much that she has little time for anything else, and she doesn’t have m

NISA [10]

Answer:

make money

Explanation:

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3 years ago

On March 31 a company needed to estimate its ending inventory to prepare its first quarter financial statements. The following i

lukranit [14]

Answer:

Using the gross profit method, the cost of goods sold would be:

$42,500

Explanation:

Gross margin ratio of the company is 15%. Refer the formula:

Gross margin = Gross profit/Revenue (or net sales)

= (Net sales- Cost of good sold)/Net sales

Using the gross profit method and from the formula,

Cost of good sold = Net sales - Net sales x Gross margin

= Net sales x (1 - Gross margin)

= $50,000 x (1-0.15) = $50,000 x 0.85 = $42,500

6 0

4 years ago

When Keira bought a Super Suds car wash franchise, she became a Multiple Choice franchisor. franchisee. limited stockholder. ven

11111nata11111 [884]

When Keira bought a Super Suds car wash franchise, she became a. Franchisee.

<h3>Who is a Franchisee?</h3>

Franchisee can be regarded as an individual or company that is responsible for having a

a franchise during the process of selling.

Therefore, since,Keira bought a Super Suds car wash franchise, she automatically became a Franchisee for the the sale of goods

Learn more about Franchisee at;

brainly.com/question/24448358

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2 years ago

Johnson Industries manufactures a popular interactive stuffed animal for children that requires four computer chips inside each

Sladkaya [172]

Answer:

January February March

Budgeted Materials Purchase (units) 28,600 18,400 18,000

Budgeted Materials Purchase $85,800 $55,200 $54,000

Explanation:

Direct materials budget for the first quarter

January February March

Budgeted Production 6,000 4,600 4,600

Budgeted Material 24,000 18,400 18,400

Add Budgeted Closing Inventory 4,600 4,600 4,200

Materials Needed 28,600 23,000 22,600

Less Budgeted Opening Inventory 0 (4,600) (4,600)

Budgeted Materials Purchase 28,600 18,400 18,000

Cost of computer chip $3 $3 $3

Budgeted Materials Purchase $85,800 $55,200 $54,000

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3 years ago