Factory overhead variances should be broken out into their individual components and reported separately as either debits or credits to their individual variance accounts should factory overhead variances be treated in a journal entry to apply factory overhead
Credit is generally defined as an agreement between a lender and a borrower. Credit also refers to the creditworthiness or credit history of an individual or entity. In accounting, loans can reduce assets or increase liabilities, and can reduce expenses or increase income.
One credit is equivalent to a 30-second voice message. A voice message can be recorded for up to 120 seconds. The longer the voice message, the more credit you will get for shipping per phone number. 1-30 seconds = 1 credit per phone number.
An example of credit is a celebration for graduating from medical school while working two jobs. Examples of loans are amounts that are available in a bank account or credited to a checking account. An example of credits is the number of English courses required for a degree.
Learn more about credits here
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Answer:
0.1875; 0.375; 0.4375
Explanation:
Given that,
Adobe Systems stock = $3,000
Dow Chemical = $6,000
Office Depot = $7,000
Total Value of stock:
= Adobe Systems stock + Dow Chemical + Office Depot
= $3,000 + $6,000 + $7,000
= $16,000
Portfolio weights of Adobe Systems stock:
= Value of Adobe Systems stock ÷ Total Value of stock
= $3,000 ÷ $16,000
= 0.1875
Portfolio weights of Dow Chemical stock:
= Value of Dow Chemical stock ÷ Total Value of stock
= $6,000 ÷ $16,000
= 0.375
Portfolio weights of Office Depot stock:
= Value of Dow Chemical stock ÷ Total Value of stock
= $7,000 ÷ $16,000
= 0.4375
Answer:
$205,000
Explanation:
Let us assume Owners' equity at the beginning be X
So, the Increase in Owners' equity is $260,000 - X
As we know that
Accounting equation is
Total assets = Total liabilities + total stockholder equity
So,
Total Increase in Assets = Total Increase in Liabilities + Increase in Owners' equity
$134,000 = $79,000 + $260,000 - X
$134,000 = $339,000 - X
So, the X =
= $339,000 - $134,000
= $205,000
Answer:
D. 7
Explanation:
Based on the information provided within the question it can be said that they need to appoint a total of 7 outside board members to achieve board independence. This is because in order to achieve board independence the board needs to consist of more members that are not employees than those who are. This is because votes need to be made in accordance to what is best for the company and shareholders, which may not always be best for the employees. Therefore when voting the employees may be biased.
Answer:
The answer is D. $180,000
Explanation:
Investing activities is about spending on long term asset or long term investments.
Under investing activities in cash flow, what constitutes inflow is the sales of these long term assets like plant and machinery and what constitutes outflow is the purchase of these assets.
In this question, the inflow is the sale of equipment which us $270,000 and outflow is the purchase of equipment for $90,000.
So net cash flow from investing activities is:
$270,000 - $90,000
=$180,000
