Answer:
a. Debit Accounts receivable for $600
Explanation:
As Greasy catering company provided services but had not got the bill from the customer, it increases an asset. According to the revenue recognition principle, revenue has recognized whenever it is provided not when the cash is received. In that case, the journal entry to record the transaction is -
Accounts receivable (Debit) $600
Revenue (Catering) (Credit) $600
Accounts receivable is debit because the company owes the amount from the customers.
Answer:
All the options given are examples of investment.
Explanation:
Savings are what an individual has left after their spending has been deducted from their disposable income. Savings can increase income by investing the money saved. Investment is an item or asset gotten with aim of generating income. An investment simply means buying goods that are not for immediate consumption but generation of income.
All the options provided are investment examples. A certificate of deposit is given by the bank to an individual after a certain amount of money has been deposited and it generates interest. Also building a cabin , a laboratory and buying stock are investments.
Yes it is at the all the way at the end of it
Answer:
Decrease by $132,100
Explanation:
Computation of the given data are as follow:-
We can calculate the Operating Income by using following formula:-
Fixed Cost = Fixed Cost * Dropped Rate
= $193,000 * 30/100
= $57,900
So, Operating Income = Sales - Variable Cost - Fixed Cost
= $,1050,000 - $860,000 - $57,900
= $132,100
According to the Analysis, the operating income will be decrease by $132,100 if the business segment is eliminated.
Answer:
4.00
Explanation:
Given:
Upper Specification Limit, USL = 27
Lower Specification Limit, LSL = 21
Mean = 22
Standard deviation, 
= 0.25
Required:
Find the process capability index
First center the mean by taking the average of the LSL and USL.
Use formula below to find process capability index:
![C_p_i = min [(\frac{USL - X}{3*\sigma}), (\frac{X - LSL}{3*\sigma})]](https://tex.z-dn.net/?f=%20C_p_i%20%3D%20min%20%5B%28%5Cfrac%7BUSL%20-%20X%7D%7B3%2A%5Csigma%7D%29%2C%20%28%5Cfrac%7BX%20-%20LSL%7D%7B3%2A%5Csigma%7D%29%5D%20)
![C_p_i = min [(\frac{27 - 24}{3*0.25}), (\frac{24 - 21}{3*0.25})]](https://tex.z-dn.net/?f=%20C_p_i%20%3D%20min%20%5B%28%5Cfrac%7B27%20-%2024%7D%7B3%2A0.25%7D%29%2C%20%28%5Cfrac%7B24%20-%2021%7D%7B3%2A0.25%7D%29%5D%20)
![= min [(\frac{3}{0.75}), (\frac{3}{0.75})]](https://tex.z-dn.net/?f=%20%3D%20min%20%5B%28%5Cfrac%7B3%7D%7B0.75%7D%29%2C%20%28%5Cfrac%7B3%7D%7B0.75%7D%29%5D%20)
![min [ (4.00), (4.00)]](https://tex.z-dn.net/?f=%20min%20%5B%20%284.00%29%2C%20%284.00%29%5D%20)
We are sullosed to take the minimum value, but since both values are equal, our process capability index will be 4.00
Therefore, the process capability index = 4.00
