Answer:
b. assign the highest cost of capital to Division Z because it is most likely the riskiest of the three division.
Explanation:
The Old Town Industries will assign highest cost of capital to Division Z because it is research and development side of business. The research will incur high cost to the company. Only the research cost which meets certain conditions it will be capitalized as development costs. This Division Z is riskiest and incurs a large amount of expense for planned search of new technologies.
Answer:
The answer is letter A.
Explanation:
Detailed description of the service center's internal control.
Answer: $15,400,000
Explanation:
The fees paid to the fund's investment managers during the year would simply be the Management fee of 0.7% of the average daily assets. The expense ratio refers to other adminstrative expenses.
= 2,200,000,000 * 0.7%
= $15,400,000
The adjusted trial balance represents the cost of goods sold as well as total sales. Thus, option D is correct.
<h3>What is the cost of goods sold? </h3>
Cost of goods means the direct cost that is included in the making of the goods. The cost of goods is calculated by adding the purchase price of the commodity and deducting the closing inventory.
A report known as an adjusted trial balance lists all the debit and credit firm accounts exactly as they would appear on the accounting records after reconciliations have been made. Therefore, option D is the correct option.
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