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noname [10]
3 years ago
7

My company is Walt Disney. I’m suppose to record down the prices 2x a week so can u guys give me an example of how to calculate

it for an example of day 1

Business
1 answer:
Sedbober [7]3 years ago
8 0

The stock code for the Walt Disney Corporation is "DIS." If you search the internet for DIS you will see the current stock rate.

Today, the price closed at $116.86 per share.

Multiply this price by the number of shares you are buying to find the total cost. To find the percentage change, divide the new price by the old price and multiply that decimal by 100.

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Chipper Corporation realized $1,000,000 apportionable taxable income from the sales of its products in States X and Z. Both stat
SIZIF [17.4K]

Answer:

a. $0

Explanation:

The business would not be subject to taxation in a state until nexus is established; thus the Chipper’s Apportionable income <u><em>(which means income of any class or type or any activity, that fulfils the connection or criteria described either in the "functional test" or "transactional test,”.)</em></u>  that is taxed by X equals $0

6 0
3 years ago
Analyzing Adjusting Journal Entries, Prepaid Asset and Deferred Revenue Voss Inc., an accounting firm, adjusts and closes its ac
Gennadij [26K]

Answer:

a. Case A-the $1,125 was debited to Supplies Expense. What is the balance of Supplies at year-end?

The previous balance was Supplies $225

If the following was made:

Dr Supplies expense 1,125

    Cr Supplies 1,125

Then the ending balance of Supplies would be = -$900

b. Case B the $1,125 was debited to supplies. What is the balance of Supplies at year-end?

The previous balance was Supplies $225

If the following was made:

Dr Supplies 1,125

    Cr Supplies expense 1,125

Then the ending balance of Supplies would be = $1,350

Explanation:

During the current year, supplies were purchased for $1,125 cash. The inventory of supplies at the prior year-end was $225.

Adjusting entry to record supplies expense = $1,125 + $225 - $360

Dr Supplies expense 990

    Cr Supplies 990

Ending balance of supplies inventory = $360

4 0
3 years ago
You are considering opening a donut restaurant aimed primarily at the breakfast market. You plan to sell donuts, coffee, and oth
stich3 [128]

Answer:

Donuts= 28,571

Explanation:

<u>First, we need to determine the sale proportion of each product:</u>

Other items= 2/5= 0.4

Coffe= 2/5= 0.4

Donut= 1/5= 0.2

<u>Now, we can calculate the break-even point in units for the company as a whole:</u>

Break-even point (units)= Total fixed costs / Weighted average contribution margin

Break-even point (units)= 100,000 / (0.5*0.2 + 0.5*0.4 + 1*0.4)

Break-even point (units)= 100,000 / 0.7

Break-even point (units)= 142,857 units

<u>Now, the number of donuts:</u>

<u />

Donuts= 0.2*142,857

Donuts= 28,571

3 0
3 years ago
Toby’s current marginal utility from consuming peanuts is 100 utils per ounce and his marginal utility from consuming cashews is
statuscvo [17]

Answer:

a. Toby is not maximizing his utility

b. Toby should reduce his spending on cashew and increase his spending on peanuts.

Explanation:

a. Is Toby maximizing his total utility from the kinds of nuts? If so, explain how you know.

Toby will maximize his utility when we have:

MUp/Pp = MUc/Pc

Where;

MUp/Pp = Marginal utility of peanut divided by price of peanut = 100/10 = 10

MUc/Pc = Marginal utility of cashew divided by price of cash = 200/25 = 8

From the above, Toby is not maximizing his utility. I am able to know this because MUp/Pp > MUc/Pc (i.e. 10 > 8). An Toby will only maximize his utility when MUp/Pp = MUc/Pc.

b. If not, how should he rearrange his spending?

Since MUp/Pp > MUc/Pc (i.e. 10 > 8), Toby should reduce his spending on cashew in order to increase MUc and increase his spending on peanuts reduce MUp until MUp/Pp = MUc/Pc.

3 0
3 years ago
Walker Company prepares monthly budgets. The current budget plans for a September ending merchandise inventory of 30,000 units.
agasfer [191]

Answer:

Preparation of merchandise purchases budgets for the months of July, August, and September is shown below:-

Explanation:

                                  Walker Company

                       Merchandises Purchase Budget

                        For July, August , September

                                                             July        August      September

Budgeted ending inventory units        47,250  40,500      30,000

Add: Budgeted unit sales for month  180,000  315,000    270,000

Required units available inventory     227,250  355,500   300,000

Less: Beginning inventory units          27,000   47,250      40,500

Units to be purchased                         200,250  308,250   259,500

Working Note 1

September required units

Ending inventory                         30,000

Add: Budgeted sales                  270,000

Total required in September      300,000

Working Note 2

September Beginning inventory

Total required                               300,000

Less: Budgeted purchases          259,500

September beginning inventory  40,500

Working Note 3

Beginning inventory of September = Ending inventory of August

Working Note 4

August required units

Ending inventory           40,500

Add: Budgeted sales    315,000

Total required in August 355,500

Working Note 5

August beginning inventory

Total required                        355,500

Less: Budgeted purchases 308,250

August beginning inventory  47,250

Working Note 6

Beginning inventory of August = Ending inventory of July

Working Note 7

July required units

Ending inventory           47,250

Add: Budgeted sales     180,000

Total required in July      227,250

Working Note 8

July beginning inventory

Total required                         227,250

Less: Budgeted purchases    200,250

July beginning inventory        27,000

8 0
3 years ago
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