Answer:
Interest will be $5000
So option (A) will be correct option
Explanation:
We have given principal amount P = $500000
Rate of interest = 6 %
Time is November 1 to December 31
So time = 2 months = 0.1666 year
Interest is given by
Interest 
So option (a) will be correct option
Answer:
B. The amount of equity reported by Frankfort Corporation is $672,000
Explanation:
Equity earnings
= Frankfort's share in net income of Bradley
= 1,680,000 * 40%
= 672,000
Option B
Please comment if you face any issues****************
Answer:
The other options are ; (a) 4 apples (b) 13 apples (c) 11 apples (d) None of the above
Explanation:
The detailed analysis and step by step calculation is as shown in the attached files.
The correct option is NONE OF THE ABOVE
Answer:
(c) 10,500 equivalent units of production
Explanation:
Equivalent units of production helps manufacturing companies determine the average completed or finished products. Additionally, since there are many items in continuous production, without calculation of equivalent units, it would be difficult to determine how much money was incurred in production costs.
Using the formula
The number of partially completed units (15,000) x percentage of completion (70%) = equivalent units of production (10, 500)