Answer:
$60,000
Explanation:
The movement in finished goods balance between the beginning and end of a period is due to the cost of goods sold and goods manufactured. This may be expressed mathematically as;
Opening balance + manufactured goods - cost of goods sold - other write-offs = closing balance.
where there are no other write-offs,
$10,000 + $200,000 - cost of goods sold = $150,000
Cost of goods sold = $10,000 + $200,000 - $150,000
= $60,000
Net change in assets = 15,000+ 75,000
= $90,000
<h3>1-Receive payment of $12,000 owed by a customer</h3>
- No effect on asset
- No effect on liability
- No effect on equity
<h3>2-Buy $15,000 worth of manufacturing supplies on credit</h3>
- Assets increase by $15,000
- Liabilities increase by $15,000
- No effect on equity
<h3>3-. Purchase equipment for $44,000 in cash</h3>
- No effect on asset
- No effect on liability
- No effect on equity
<h3>4-Issue $75,000 in stock</h3>
- Assets increase by $75,000
- No effect on liability
- Equity increases by $75,000
To learn more about assets visit the link-
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Answer:
In response to this call, the bondholders should Accept the call as call price exceeds the conversion value
Explanation:
Number of shares (if bonds are converted) = par value/conversion price = 1,000/33.33 = 30 shares
Current value of 30 shares = 30*current share price = 30*33.10 = $993.10
Call price of $1,025 is greater than the current value of converted bonds, so bondholders should accept the call
Answer:
Letter c is correct!
Explanation:
This question addresses the hierarchy of an organization, which is the structure of task distribution in a company for business success. In the case exemplified in the question, Blue company is at the top of the company hierarchy because it was she who had the authority to name Gage. as an agent and authorized him to appoint Vond, a subagent to assist with car sales. Therefore Vond in Blue's hierarchical structure, owes a fiduciary duty to Blue and Gage.
