Can someone help me with question 12?

Aztec Company reports current E&P of $200,000 in year 1 and accumulated E&P at the beginning of the year of negative $10

jonny [76]

Answer:

$200,000

Explanation:

In the given case, The distribution which is treated as a dividend is equal to the current E&P i.e $200,000 because the distributions are paid first by current E&P and when it is consumed then the balance of accumulated E&P got reduced.

So, it also consider the current E&P as a dividend

All other information which is given is not relevant. Hence, ignored it

5 0

3 years ago

Internal processes of a company contribute to the company's overall effectiveness. Identifying ways to improve internal processe

Contact [7]

Answer:

Explanation:

Internal processes of a company contribute to how effective the company runs. Looking for areas and ways to improve the internal processes will aid in building an organization that is highly efficient. The major causes needs to be known.

Ways of identifying the root causes might not be possible until basic analysis is carried out or sometimes it might be visible depending on the major problem facing the organization internally.

Internal process of a company increase the effectiveness of such company, identifying how to improve these internal processes helps to build an organization that is highly efficient.

6 0

3 years ago

The payments portion of the balance of payments--that is, payments made by the united states--does not include

Trava [24]

Balance of payments is the difference in total values of all payments in and out of the country over a given period of time. It is the record of all financial transactions between the residents of a country and the other foreign countries. In this case, payments made by the united states does not include exports.

4 0

3 years ago

FIFO and LIFO costs under perpetual inventory system The following units of an item were available for sale during the year: Beg

klemol [59]

Answer:

a. Ending inventory under FIFO = $1,071,000

b. Ending inventory value under LIFO = $1,036,500

Explanation:

The data are merged together in the question and they are first separated before the questions are answered as follows:

Beginning inventory: 8,400 units at $200

Sale: 5,500 units at $300

First purchase: 14,500 units at $205

Sale: 13,400 units at $300

Second purchase: 15,500 units at $210

Sale: 14,400 units at $300

Number units available for sale = 8,400 + 14,500 + 15,500 = 38,400 units

Number of units sold = 5,500 + 13,400 + 14,400 = 33,300 units

a. What is the total cost of the ending inventory according to FIFO? Round your answer to the nearest dollar. $ 3,255,000 X

Since second purchase is 15,500 units and last sales is 14,400, the 5,100 closing stock must be from the last purchases. Therefore we have:

Ending inventory under FIFO = 5,100 * $210 = $1,071,000

b. What is the total cost of the ending inventory according to LIFO?

Beginning inventory balance after first sale = 8,400 - 5,500 = 2,900

Second sale distribution = 100% from first purchase = 13,400

First Purchase balance = 14,500 - 13,400 = 1,100

Third sale distribution = 100% from second purchase = 14,400

Second Purchase balance = 15,500 - 14,400 = 1,100

Ending inventory value under LIFO = (2,900 * $200) + (1,100 * $205) + (1,100 * $210) = $1,036,500

4 0

4 years ago

Which of the following is an example of deregulation? A. The price of cable TV has risen to $40 a month in November 2013. B. B

stiks02 [169]

Answer: Option C

Explanation: In simple words, the removal of restrictions on some particular product or industry by the authorities is called deregulation.

Deregulation is the process that is used when the Govt of any country wants to develop a particular industry and wants the free market flow in that industry or that particular product.

This process usually happens in economies due to the political pressures. Hence from the above we can conclude that the correct option is C .

5 0

3 years ago