Answer:
a. 4,000
Explanation:
Units in ending inventory
= Units in beginning work in process + Units started into production - Units transferred to the next department
= 2,400 + 10,500 - 8,900
= 4,000 units
Answer:
1) A: Gross wages do not represent a decrease in net cash received on an employees paycheck. The gross wage s what the employee would have earned if no deductions were made.
2) C: Year to date summaries on a paycheck stub accumulate salaries and deductions in the same way an income statement accumulates revenues and expenses over a period.
3) B: At the end of each accounting period temporary accounts have to be set to zero. Their balances are transferred to permanent accounts.
The total amount accrued, principal plus interest, with compound interest on a principal of $400.00 at a rate of 12% per year compounded 4 times per year over 8 years is $1,030.03.
<h3>What is
compound interest ?</h3>
Compound interest is the addition of interest to the principal sum of a loan or deposit, or interest on interest plus interest.
Compound interest is when you earn interest on both your savings and your interest earnings. Assume you invest $1,000 (your principal) and earn 5% (interest rate or earnings) once a year (the compounding frequency).
Compound interest works by adding accumulated interest to your principal (the amount you put into the savings account), which then begins earning interest. Essentially, your interest begins to earn its own interest.
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Dividend discount model (DDM) is used in valuing stocks of a company with basing on the value of the future net present dividends. It rests on the assumption that the stock's worth is equivalent to future dividends including discounted values of the present. Corporation valuation models on the other hand, is for loan qualifications, setting prices upon selling one's company.