Answer:
D. $ 23 comma 000
Explanation:
The computation of the net income is shown below:
As we know that
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
$77,000 = $68,000 + net income - $14,000
$77,000 = $54,000 + net income
So, the net income is $23,000
We simply applied the above formula so that the net income could be come
Answer:
Provide recommendations and resolve issues not specifically connected to production
Explanation:
Parallel teams can be regarded as highly task-focused team ,which is been drawn on individuals ranging different functional areas as well as locations. This team are usually generally make completion to their work base on defined schedule. In most cases, parallel teams are not usually disbanded but they could be there so they can handle a subsequent set of tasks. It should be noted that One of the the purpose and activities of a parallel team is to Provide recommendations and resolve issues not specifically connected to production.
Answer:
Borrower can capitalize on a reference rate decrease
Explanation:
Variable interest rate is the floating interest rate, which changes with change in the interest rate given by central bank. It is not fixed it can vary. It might be increased or decreased time to time.
As a borrower Increase in interest rate will result in loss because due to variable nature we need to pay more interest and decrease in interest rate will result in profit because due to variable nature we need to pay less interest
Answer:
D. one who represents an issuing body in effecting transactions that are exempt
Explanation:
An agent, represents a broker-dealer or issuer and do all duties stated in the options A, B, and C.
But, as stated in the Uniform Securities Act of 1956, Part IV. General Provisions, Sec. 401.b, Definition, illustrating the different functions of the people as mentioned in the Act, "an Agent does not include an individual who represents an issuer in effecting transactions in a security exempted."
Answer:
equivalent units of production = 6,000 units
Explanation:
given data
process at end of September = 6,000 units
direct materials = 100%
direct labor and manufacturing overhead = 70%
solution
we get here equivalent units of production for the conversion cost that is
equivalent units of production = process at end × direct materials complete .........................1
put here value and we get
equivalent units of production = 6,000 units × 100%
equivalent units of production = 6,000 units