Answer:
c. is a financial statement that summarizes a firm’s revenues and expenses over a period of time
Explanation:
The balance sheet is a financial statement that shows the firm’s financial position at a particular point in time. It details the firm’s assets and liabilities at a point in time.
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Answer:
50,000 pounds of chicken meat
Explanation:
If 10,000 packages of chicken sausages were produced, the estimated amount of chicken meat and machine hours would equal:
- chicken meat = 10,000 packages times 5 pounds per package = 50,000 pounds of chicken meat
- machine hours = 10,000 packages times 2 hours per package = 20,000 machine hours
A business acquisition occurs when, for practical purposes, one firm purchases another.
<h3>What is acquisition?</h3>
- A company makes an acquisition when it buys the majority or all of the shares of another company in order to take over that business. The acquirer can make choices on newly acquired assets without the consent of the target company's other shareholders if they purchase more than 50% of the target company's stock and other assets.
- Acquisitions can happen with or without the target company's permission and are quite common in business. The approval process typically includes a no-shop restriction.
- Because these enormous and major transactions frequently make the news, we frequently hear about the acquisitions of large, well-known corporations. In actuality, small- to medium-sized businesses merge and acquire one another more frequently than giant corporations.
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Answer: The correct answer is April 10.
Explanation: When a sale is made the revenue is going to be recognized when the product is delivered. In this case, Accounts Receivable will be debited and Sales will be credited on April 10. When the payment is received Cash will be debited and Accounts Receivable will be credited.
Answer:
The monthly payment n the motorcycle will be for 158.75 dollars
Explanation:
We need to solve for the PMT of an ordinary annuity:
PV 8,400 (loan)
time 60 months
rate 0.004216667 (5.06% annual divide into 12 months)
C $ 158.749
