Answer:
Please find attached solution to the above question
Explanation:
Please find attached solution to the above - a and b
Regarding the error 6,
• The $830 gained increased to accounts payable, hence must be deducted from accounts payable.
• Again, debit $830 for recording the payment.
Option C
the family size of the firm's target market would be part of the sociocultural forces in a firm's external environment
<u>Explanation:</u>
To achieve and grow, organizations must modify, utilize, and agree with the authorities in their external environments. Sociocultural environmental forces cover opinions, views, customs and traditions, practices, and lifestyles. Social factors involve reference groups, family, position, and status in the community.
Family is a particular reference group and can execute the most crucial role in shaping the purchasing decisions of themselves. Staying aware of and obtaining the major reference groups, persons or family formations in a community and construction marketing on them can improve small businesses achieve victory.
Answer:
$125,300
Explanation:
The computation of the total manufacturing cost is shown below:
Total manufacturing cost = Direct material cost + direct labor cost + Indirect materials + Factory manager salaries + Factory supplies + Indirect labor + Depreciation on factory equipment
= $40,500 + $39,600 + $15,200 + $7,200 + $9,000 + $6,300 + $7,500
= $125,300
Answer:
$4.33 per share
Explanation:
Given that,
Net income = $1,171,600
Preferred stock dividends paid = $265,400
weighted average of common shares outstanding = 209,100
Therefore,
Earnings per share:
= (Net income - Preferred stock dividends paid) ÷ weighted average of common shares o/s
= ($1,171,600 - $265,400) ÷ 209,100
= $906,200 ÷ 209,100
= $4.33 per share
Hence, the Kingbird 2020 earnings per share is $4.33.
Answer:
c. supply will decrease.
Explanation:
If a good's production process results in pollution and the government taxes producers to pay for cleanup costs, then supply will decrease.
Generally, when consumers of a particular product notices that the product has an adverse effect on the environment (pollution) or it is a product that causes environmental degradation, they are most likely to stop demanding or buying such products. Consequently, as the demand for such goods falls or decreases; there would be a fall in the supply of such goods. This is so because the demand for goods and services is directly proportional to the amount of quantity supplied.
