Answer:
(A) Navy contract= 1.0
Army contract= 0.8
(B) Navy contract
Explanation:
(A) The productivity for navy can be calculated as follows
= 28 × 2× 40
= 2240
Since the navy contract was for 2266 devices then productivity is
= 2266/2240
= 1.0 labor hour
The productivity for army can be calculated as follows
= 29×6×40
= 6960
Since the army contract was for 5510 devices then productivity is
= 5510/6960
= 0.8 labor hour
(B) The workers were more productive on the navy contract
Answer:
$54.17 per bond
Explanation:
the journal entry to record the issuance of the bond:
Dr Cash 1,100
Cr Bonds payable 1,000
Cr Premium on bonds payable 100
The bond premium amortization using straight line amortization:
$100 / 30 = $3.33 per coupon payment
journal entry to record coupon payment:
Dr Interest expense 41.67
Dr Premium on bonds payable 3.33
Cr Cash 45
the yearly interest expense = $41.67 x 2 = $83.34 x (1 - tax rate) = $83.34 x 0.65 = $54.17
Answer: intermediaries
Explanation: In simple words, channel of distributions refs to the chain of business activities and intermediaries who prof rm the function of transferring the product from the producer to its final customer.
This channel of distribution consists of intermediaries such as agents, brokers , wholesalers and retailers who deals with each other at different levels and earn their margin of profit from the product while transferring it to next stage.
These are important parties to the market as without them producer has to perform all the ruination by himself which can result in delay or unstable supply in the market.
Answer:
Easton Co.'s adjusted book balance June 30 = $72,724
Explanation:
Bank balance June 30: $68,349 Book balance June 30: $72,709
Deposit in transit: $7,550 Interest earned: $55
<u>Outstanding checks: ($3,175) </u> <u>Check printing fees: ($40) </u>
Adjusted bank balance: $72,724 Adjusted book balance: $72,724
Answer:
The change in stockholders' equity was of 150.000
Explanation:
With the amount of sales and expenses of the year, the company had a profit of 200.000, if it pay dividends by 50.000, it means that the company retained earnings for 150.000, this is the change in the equity of the company and keep in cash in the total assets.
