Answer:
The correct answer is letter "D": The production budget.
Explanation:
The production budget is the expected production of a manufacturing company. It combines the projection of sales of the firm for the current period and the number of assets needed to achieve the production level necessary. It is important for a company to have a clear idea of what investment will be needed to fulfill those expectations.
Answer:
Dr Cash $92,811
Cr Notes Payables $92,811
(Being the proceeds and issuance of note
Explanation:
Annual rate = 12%
Interest for 9 months will be:
9/12 x 12% = 9%
So disbursal is 9% x $92,811
= $8,353
Principal (borrowed money) is $92,811.
The loan was disbursed on January 1. So it's only the proceeds from the loan which will be recorded on this date. Repayment will start at later date.
Therefore, The entry made by Guarantee Company on January 1 will be:
January 1
Dr Cash $92,811
Cr Notes Payables $92,811
(Being the proceeds and issuance of note)
Answer:
$85,500
Explanation:
The computation of the amount that was actually paid is
= Amount charged to warranty expense on its books - Deferred income tax before charging income tax
= $96,000 - $4,200 ÷ 0.40
= $96,000 - $10,500
= $85,500
Simply we subtract the deferred income tax before income tax from the warranty expense so that the actual amount could come
Answer:
Decision making at the margin means making a choice based on <u>comparing the additional benefits and costs</u> of a decision.
Answer:
c becu it's more consistent and focusable I think
