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4 years ago

RST Company uses a process cost system. The following data pertains to January.

Business

1 answer:

maks197457 [2]4 years ago

4 0

Answer:

40,500 units

Explanation:

The computation of the total number of equivalent whole units produced in January is shown below

= Beginning work in process units + Units transferred + ending work in process units × completion percentage

where,

Units transferred is

= 40,000 units - 5,000 units

= 35,000 units

So, the equivalent units is

= 3,000 units + 35,000 units + 5,000 units × 50%

= 38,000 units + 2,500 units

= 40,500 units

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Which of the following statements would be

allsm [11]

A. Business owners have their own self interests in how their company will make money is associated with the concepts of capitalism.

What is capitalism?

A system of capitalism is an economy in which the means of production are privately owned and run for profit. Capital accumulation, competitive markets, the pricing system, private property, acknowledgment of property rights, voluntary trade, and wage labour are key aspects of capitalism. In a market economy, owners of wealth, property, or the capacity to move capital or the ability to produce are the ones who decide on investments and decisions, whereas the competition in the markets for goods and services is largely responsible for setting prices and determining how things are distributed.

In their assessments of capitalism, economists, historians, political economists, and sociologists have embraced numerous viewpoints and identified many kinds of it in daily life. These include state capitalism, welfare capitalism, anarcho-capitalism, and laissez-faire or free-market capitalism. Different versions of capitalism include varied levels of public ownership, open markets, barriers to uninhibited competition, and state-approved social policies. Varied forms of capitalism have different levels of market competition, the importance of intervention and regulation, and the extent of state ownership.

To learn more about capitalism from the given link

brainly.com/question/25879591

#SPJ1

Which of the following statements would be

associated with the concepts of Capitalism?

A. Business owners have their own self interests in how their

company will make money.

B. Prices need to be fixed at a certain point because buyers and

sellers never come to an agreement.

C. The government should own all businesses to benefit the majority.

D. The government should control how private property will be

utilized for business.

8 0

1 year ago

You would like to establish a trust fund to provide $150,000 a year forever for your heirs. The expected rate of return is 4.3 p

inn [45]

Answer:

$3,488,372.09

Explanation:

Data provided in the question

Annual income provided per year = $150,000

Expected rate of return = 4.3%

So by considering the above information, the amount of money deposited today is

= Annual income provided per year ÷ Expected rate of return

= $150,000 4.3%

= $3,488,372.09

By dividing the annual income by the expected rate of return we can get the today deposited amount

6 0

4 years ago

Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 100,000 shares of common

monitta

Answer:

See the journal entries below.

Explanation:

Each of these transactions can be recorded in the journal as follows:

Date Particulars Debit ($) Credit ($)

Mar 1 Cash (50,000 * $47) 2,350,000

Common stock 50,000

Additional Paid-in Capital 2,300,000

(To record Issue of 50,000 additional shares for $47 per share.)

May 10 Treasury stock (4,500 * $50) 225,000

Cash 225,000

(To record Purchase of 4,500 shares of treasury stock)

Jun 1 Dividend (w.1) 181,875

Dividend payable 181,875

(Record dividend declared.)

Jul 1 Dividend payable 181,875

Cash 181,875

(Record dividend paid.)

Oct 21 Cash (2,250 * $55) 123,750

Treasury stock (2,250 * $50) 112,500

Additional Paid-in Capital 11,250

(To record resale of shares of treasury stock.)

Working:

w.1. Dividend = Dividend per share * (Shares of common stock outstanding as of the beginning of 2018 + Additional shares issued on March 1 - Shares of treasury stock purchased on May 10) = $1.25 * (100,000 + 50,000 - 4,500) = $181,875

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3 years ago

Does anybody know business laws and ethics

RoseWind [281]

Yes i do
step by step explanation:

6 0

3 years ago

Con artists who try to talk employees into giving up corporate secrets or passwords are known as

aksik [14]

Social Engineers This is the craft of controlling individuals so they surrender secret data. The sorts of data these hoodlums are looking for can change, however when people are focused on the offenders are normally attempting to deceive you into giving them your passwords or bank data or other sensitive information

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3 years ago