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Ymorist [56]
3 years ago
12

Which of the following is the top peanut producing county in alabama

Business
1 answer:
Nadusha1986 [10]3 years ago
6 0
I hate to break it to ya but no of those are the answers the top peanut producing counties in Alabama are Houston, Baldwin, Henry, and Geneva counties. Look it up for more info
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The balance in the prepaid insurance account before adjustment at the end of the year is $27,000. Journalize the adjusting entry
Radda [10]

Answer:

(A)  Debit Insurance expense $20,250

     Credit Prepaid insurance $20,250

     Being entries to recognize insurance amortization expense for the year.

(B)  Debit Insurance expense $20,250

     Credit Prepaid insurance $20,250

     Being entries to recognize insurance amortization expense for the year.

Explanation:

Prepaid insurance account before adjustment = $27,000

(A) the amount of insurance expired during the year is $20,250

To account  for the expired amount,

Debit Insurance expense $20,250

Credit Prepaid insurance $20,250

Being entries to recognize insurance amortization expense for the year.

(B) the amount of unexpired insurance applicable to future periods is $6,750

Amount expired = $27,000 - $6,750

                           = $20,250

To account  for the expired amount such that the amount of unexpired insurance applicable to future periods is $6,750,

Debit Insurance expense $20,250

Credit Prepaid insurance $20,250

Being entries to recognize insurance amortization expense for the year.

4 0
3 years ago
Classify this form of business:
Viktor [21]

Answer:

Limited Liability Partnership / Limited Liability Company.

Explanation:

  • Limited Liability Partnership: A limited liability relationship is a company in which certain or all members have defined obligations, based on the law. Consequently, it can show collaboration and organizational features. Each partner in an LLP is not accountable or liable for any wrongdoing or incompetence of another party.
  • Limited Liability Company: A limited liability company is a management structure whose proprietors are not personally responsible for the obligations or responsibilities of the business. Limited liability corporations are hybrid organizations that combine a company's features with that of a partnership or sole business entity.
7 0
2 years ago
angston Labs has an overall (composite) WACC of 10%, which reflects the cost of capital for its average asset. Its assets vary w
masya89 [10]

Answer:

The correct answer is project A, B and D.

Explanation:

According to the given scenario, the given data are as follows:

Low risk WACC project = 8%

Average risk WACC project = 10%

High risk WACC project = 12%

As the company always prefer the projects that exceeds the WACC projects.

So,

  • Project A has 15% which exceeds the high risk WACC project.
  • Project B has 12% which exceeds the average risk WACC project
  • Project C has 11% which does not exceeds the high risk WACC project, hence it is not the correct answer.
  • Project D has 9% which exceeds the low risk WACC project.
4 0
3 years ago
The higher the number of business units in a company's portfolio, the more difficult it is for corporate managers to remain info
Ira Lisetskai [31]

Answer:

True

Explanation:

When a  company increases the amount of business units it is harder to be informed about each business unit. When the manager try to understand and review all the information about the business units the time is not enough, in that case the sustainability of a multiple units business model is a challenge. When this happens, the manager can empower a business unit manager, so the corporate manager just needs to know the basic information and be informed about the decisions and results obtained evaluating the results of the business unit.

7 0
3 years ago
Which statement is true?
gulaghasi [49]

the statement that is true is c

7 0
3 years ago
Read 2 more answers
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