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STatiana [176]
3 years ago
9

(tco b adjusting entries: unearned rent at 1/1/10 was $5,300 and at 12/31/10 was $6,000. the records indicate cash receipts from

rental sources during 2010 amounted to $60,000, all of which was credited to the unearned rent account. you are to prepare the missing adjusting entry. for each journal entry write dr. for debit and cr. for credit
Business
1 answer:
Sveta_85 [38]3 years ago
5 0
I guessed A on plato and it was correct.
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Brooke's Boutique plans to launch a new clothing line. For this purpose, the firm first conducts a survey to understand its targ
Gekata [30.6K]

Answer:

Descriptive followed by causal is the correct answer.

Explanation:

8 0
3 years ago
Garcia Co. sells snowboards. Each snowboard requires direct materials of $100, direct labor of $30, and variable overhead of $45
jeka57 [31]

Answer:

Selling Price per unit = $287.5 per unit

Explanation:

Provided quantum of sales = 10,000 units

Cost statement for 10,000 units

Direct material = $100 \times 10,000 = $1,000,000

Direct Labor = $30 \times 10,000 = $300,000

Variable Overhead = $45 \times 10,000 = $450,000

Fixed Overhead Costs = $635,000

Fixed Selling and administrative Cost = $115,000

Total = $2,500,000

Add: Profit mark up 15% = $375,000

Total Selling Value = $2,875,000

Selling Price per unit = $2,875,000/10,000 = $287.5 per unit

6 0
3 years ago
Giselle wants to buy a condo that has a purchase price of $163,000. Giselle earns $2,986 a month and wants to spend no more than
galina1969 [7]

Answer:

<u>Giselle should purchase points</u> to lower the interest rate of the mortage, this will make the cuota decrease.

Explanation:

163000 x20% = 32,600

163,000 - 32,600 = 130,040

current mortgage cuota:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C \times \frac{1-(1+0.0625/12)^{-30*12} }{0.0625/12} = 130,040\\

C= 800.68

800.68/ 2,986 = 0.2681 = 26.81%

this cuota exeeds the desired amount Giselle wants.

her couta can be as much as 2,986 x 25% = 746.5

<u>Giselle should purchase points</u> to lower the interest rate of the mortage, this will make the cuota decrease.

3 0
3 years ago
Impact of Treasury Financing on Bond Prices The Treasury periodically issues new bonds to finance the deficit. Review recent iss
brilliants [131]

Answer:

When the treasury bonds are restricted to purchase it creates pressure on other securities and interest rates tend to move upwards.

Explanation:

When interest rates more upwards then cost of borrowing is increased. This increase in cost of borrowing creates pressure on the profits of private sector.  The public sector benefits from this increase in interest rates. When government is in trouble and financing is limited then these measures are used to run the economy.

3 0
3 years ago
What effect do rising input costs have on the price of a good.
Genrish500 [490]

Answer:

Explanation:

Inputs are the factors required for production to take place. They may include labor and raw materials. In economics, inputs are the four factors of production that include land, labor, entrepreneurship, and capital.

The final cost of a product is dependent on the costs of production. The cost of production is an aggregation of the cost of each input used in the production. For a company to stay in operation, it must meet all its production costs. These costs are spread to each unit produced.  A high production cost will result in an expensive product. Should the cost of any of the input increase, then the overall cost of the products will rise.

4 0
3 years ago
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