Answer:
$13,290
Explanation:
Straight line depreciation expense = (book value of asset - salvage value ) / useful life
Book value of the asset = $48,300 - $17,720 = $30,580
($30,580 - $4,000) / 2 = $13,290
Answer:
Explained
Explanation:
At Tesla's Fremont, California plant, managers must decide on the monthly production quantities of their S and X models. In making this decision, the managers must face a trade-off, because producing more of one model means producing less of the other. So, there need to an optimum balance between production of model S and X and too will depend upon the demand in the market once, the variants are launched.
Answer: The response options are wrong, those that correspond according to what I found on the internet are:
All of the following are necessary to calculate the total purchase price for a Municipal bond traded on a yield basis in the secondary market EXCEPT:
A. Coupon rate
B. Yield to Maturity
C. Dated date
D. Trade date
<u>The correct answer is "C. Dated date".</u>
<u>Option "C" is correct because to calculate the price of a bond it is not necessary the day of issuance of the bond, is enough with its YIELD TO MATURITY, RATE CUPON AND YEARS TO MATURITY.</u>
Answer:
Option (b) is correct.
Explanation:
The Journal entries are as follows:
(i) On November 1, 2015
Retained Earnings [$3 × 20,000] A/c Dr. $60,000
To Dividend Payable $60,000
(To record the declaration of dividend)
(ii) On November 30, 2015
Dividend Payable A/c Dr. $60,000
To cash A/c $60,000
(To record the payment of dividend)
Answer:
Forecast for the quarter= Forecast for third quarter * Seasonal Index
Putting values in the equation:
Forecast for the quarter= 2000 units * 1.18= $2360
This forecasting method adjusts the previous period amounts to obtain an amount which reflects the seasonal changes. It is widely used in management accounting to estimate future sales while making budgets.
