Answer:
260 million. The answer is not in the available options.
Explanation:
Projected benefit obligation as at January 01, 2018 250
Add: Service cost 30
Add: Interest Cost (250*6%) 15
Less: Retiree benefits paid 35
Projected benefit obligation as at December 31, 2018 260
Answer:
ROQ will be 32863 gallons
So option (a) will be the correct answer
Explanation:
We have given that company uses 150000 gallons of hydrochloric acid per month
Ordering cost = $150
And the holding cost = $0.5
We know that 1 year = 12 month
So annual demand = 12 ×150000 = 1800000
We have to fond the economic order quantity EOQ
We know that EOQ is give by
So option (a) will be correct answer
Answer:
No net effect on the accounting equation.
Explanation:
Given that,
On January 1, Products sold to a customer on account = $30,000
On January 10, Cash collected from a customer = $30,000
Accounting equation is as follows:
Assets = Liabilities + Stockholder's equity
On January 10,
The cash of $30,000 is received from the customer which increases the assets by $30,000 and reduces the accounts receivable by $30,000 which is also a part of assets. Therefore, there is no change or impact on the accounting equation.
Answer:
595,000
Explanation:
add all that up ad get your answer because it addition
Answer:
Grady's gain = $6,000
Grady's stock basis = $18,000
Explanation:
This transaction does not qualify as a Section 351 (a) transfer of property in exchanged for a corporation's stock, therefore Grady must recognize a gain.
Gain = fair market value - basis = $18,000 - $12,000 = $6,000
Grady's basis on Eadie Corp. stock is $18,000
In order to qualify as a Section 351 (a) transfer and not recognize any gain or loss, the transfer must result in an immediate control over the corporation and that doesn't happen here. Control over a corporation as defined by Section 368(c) represents at least 80% of all voting power and at least 80% of all common stock. In this case the transfer resulted in a 60% ownership, it was 20% short.
