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Lina20 [59]
3 years ago
12

Jayson products uses a perpetual inventory system. at year-end, the inventory account had a balance of $280,000, but a complete

year-end physical inventory indicated goods on hand costing only $273,000. jayson should:
Business
1 answer:
ioda3 years ago
5 0
<span>Jayson should : (1) Reduce the balance in its Inventory controlling account and inventory subsidiary ledger by $7,000. (2) Record a $7000 current liability. (3) Reduce the balance in its inventory controlling account and inventory subsidiary ledger by $7000 (4) Reduce the balance in the inventory controlling account and record a current liability both in the amount of $7000.</span>
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Any advice on what to do when you are expecting a baby?
Yanka [14]
Be patient, read books, relax, be healthy mentally and physically.
7 0
2 years ago
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The following table shows data on consumption, Investments, exports, imports, and government expenditures for the United States
zysi [14]

Answer:

Net export of goods and services equals -$578.4 billion(its in negative)

While Gross Domestic Product is $19,485.4 billion

Explanation:

Formula for Gross Domestic Product (GDP) using expenditure approach is

C + I + G + (X-M)

where (X-M) is the net exports of goods and services.

C is consumption

I is Investment

G is government spending or purchases

X is the total exports

M is the total imports

The first question find net exports of goods and services

Net export = export (X) - import(M)

$2,350.2 - $2,928.6

= -$578.4 billion

The second question which is calculation of GDP is

$13,321.4 + $3,368.0 + $3,374.4 + $2,350.2 - $2,928.6

=$19,485.4

7 0
3 years ago
asadena Candle Inc. budgeted production of 785,000 candles for January. Each candle requires molding. Assume that six minutes ar
Masteriza [31]

Answer:

$1,413,000

Explanation:

Asadena Candle Inc

Estimated Direct Labor Cost Budget for January

Hours required for manufacturing:

Candles (in minutes) =785,000x6

=4,710,000 minutes

Convert 4,710,000 minutes to hours (60mins)

Manufacturing Hours = 4710000/60

Manufacturing Hours =78,500 hours

Hourly rate $18

Total direct labor cost= manufacturing hours x hourly rates

=78500x18

Total direct labor cost= $1,413,000

It will cost Asadena Candle Inc $1,413,000 to produce 785,000 candles.

8 0
2 years ago
Read 2 more answers
g An investor is considering the purchase of 20 acres of land. An analysis indicates that if the land is used for cattle grazing
julia-pushkina [17]

Answer:

$10,000

Explanation:

Data given in the question

Cash flow produced = $1,000 per year

Required rate of return on investment = 10%

So the most he or she willing to pay amount is

= Cash flow produced ÷ Required rate of return on investment

= $1,000 ÷ 10%

= $10,000

By dividing the cash flow produced with the required rate of return on investment we can get the willing to pay amount

6 0
3 years ago
is preparing to pay its first dividends. It is going to pay $1.00, $2.50, and $5.00 a share over the next three years, respectiv
larisa [96]

Answer:

The answer is: share price should be $21.78.

Explanation:

The share price equals to the present value of the annual dividend stream earned from the share paid at the end of each year; discounting at the required rate of return 7%.

We have dividend stream given as follow: Y1: $1; Y2: $2.5; Y3: $5; Y4 forward: fixed at $1.25.

So share price = 1/1.07 + 2.5/1.07^2 + 5/1.07^3 + [ ( 1.25/0.07) / 1.07^3 ] = 0.94 + 2.18 + 4.08 + 14.58 = $21.78.

So, the answer is share price should be $21.78.

5 0
3 years ago
Read 2 more answers
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