Answer:
Check th explanation
Explanation:
2a.
Here, we will have to apply the economic production quantity as we have to identify optimal production quantity to minimize the cost.
Annual Demand D = 60000
Working Days = 240
Daily Demand d= 60000/240 = 250
Production Rate p = 300
Set up cost S = 150
Holding cost H = 3
Economic Production Quantity Q = (2DS/(H*(1-(d/p))))^(1/2)
Q = (2*60000*150/(3*(1-(250/300))))^(1/2)
Q = 6000 units
Answer:
d. The amount received in excess of par value becomes part of paid-in capital.
Explanation:
When the corporation issue the capital stock which is higher than the par value it would be credited to Additional paid in capital in excess of par account
The journal entry is shown below for better understanding
Cash A/c Dr XXXXX
To Capital Stock XXXXX
To Additional Paid-in Capital in excess of par - Capital Stock XXXXX
(Being the issuance of capital stock is recorded and the remaining balance is credited to the additional paid-in capital account)
While issuing the stock, we debited the cash account and credited the common stock and additional paid-in capital account
A. Requires the investment be increased by the reported net income of the investee.
Answer:
A. A human resource manager needs to understand whether the company’s current employee mix has the skills and capabilities needed to achieve the goals laid out by a new strategic plan. -------- Descriptive Analytical Tool
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