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WINSTONCH [101]

3 years ago

13

The following shows annual production costs and profits at Gauss-Jordan Sneakers, Inc. A - B - C - D Production Costs : 2004 - 2

005 - 2006 Gauss Grip : $2,300 - $2,700 - $2,900 Air Gauss : $1,900 - $2,200 - $1,700 Gauss Gel : $2,000 - $2,500 - $1,800 Profit : 2004 : 2005 - 2006 Gauss Grip : $12,000 - $16,000 - $18,000 Air Gauss : $10,000 - $14,000 - $16,000 Gauss Gel : $11,000 - $16,000 - $14,000 Use matrix algebra to compute the revenues from each sector each year.

1 answer:

mars1129 [50]3 years ago

4 0

Answer:

A B C D

Production Costs : 2004 - 2005 - 2006

Gauss Grip : $2,300 - $2,700 - $2,900

Air Gauss : $1,900 - $2,200 - $1,700

Gauss Gel : $2,000 - $2,500 - $1,800

Profit : 2004 - 2005 - 2006

Gauss Grip : $12,000 - $16,000 - $18,000

Air Gauss : $10,000 - $14,000 - $16,000

Gauss Gel : $11,000 - $16,000 - $14,000

As we know:

Revenue = Cost + Profit

*Proper Matrix format is also attached in the picture with this answer.

Production Costs : 2004 2005 2006

$\left[\begin{array}{ccc}2300&2700&2900\\1900&2200&1700\\2000&2500&1800\end{array}\right]$

Profit : 2004 2005 2006

$\left[\begin{array}{ccc}12000&16000&18000\\10000&14000&16000\\11000&16000&14000\end{array}\right]$

Revenue : 2004 2005 2006

$\left[\begin{array}{ccc}2300+12000&2700+16000&2900+18000\\1900+10000&2200+14000&1700+16000\\2000+11000&2500+16000&1800+14000\end{array}\right]$

Revenue : 2004 2005 2006

$\left[\begin{array}{ccc}14300&18700&20900\\11900&16200&17700\\13000&18500&15800\end{array}\right]$

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Some of the transactions of Torres Company during August are listed below. Torres uses the periodic inventory method.

Nadya [2.5K]

Answer:

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--to record returned goods--

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--to record purchase--

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Accounts Payable 20000 credit

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Purchase Discount 160 credit

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SECOND METHOD:

Purchase 11,760 debit

Accounts Payable 11,760 credit

--to record purchase--

Accounts Payable 1,176 debit

Returns&Allowance 1,176 credit

--to record returned goods--

Purchase 15,840 debit

Accounts Payable 15,840 credit

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Accounts Payable 19,600 credit

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-to record payment within--

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Explanation:

As we use periodic system we calculate the inventory and COGS at the end of the period so we use purchase and returns accounts rather than adjusting inventories in every transactions.

In the second method we use itnerest expense when the discount is loss.

<u><em>interest incurred for the period:</em></u>

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On January 1, Jim Shorts Corporation issued $300 million face value bonds for $580 million. During the same year, $1,500,000 of

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Explanation:

Based on the statements provided in the question, it should be noted that Jim Shorts Corporation should report a deduction from net income of $1,500,000 on the statement of cash flows prepared by the indirect method.

It should be noted that the caah flow statement would start the accrual basis of the net income under an indirect method of the cash flow and then, all the non-cash items would either be added or subtracted in order for the reconciliation of account.

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GIVEN DATA : ( two countries )

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i) The balances for the current account for Japan

export value + interest earned from assets

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ii) Financial account for Japan

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Explanation:

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