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neonofarm [45]
3 years ago
14

A company produces three products from a joint production process:: A, B, and C. As a percentage of total sales value, a represe

nts 50%, B 49.5%, and C .5%. Product C could be considered a ________.a. primary productb. main productc. byproductd. waste product
Business
1 answer:
erica [24]3 years ago
4 0

Answer:

a. primary product

Explanation:

A ,B and C are joint product as they all are started in a joint production process. Joint product are the primary results of operations.

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Terra Company has two divisions, the Retail Division and the Wholesale Division. The following information was gathered for the
MA_775_DIABLO [31]

Answer:

20.91%

Explanation:

Operating Income:

= Operating Income of Retail Division + Operating Income of Wholesale Division

= $7,500,000 + $4,000,000

= $11,500,000

Operating Assets:

= Operating Assets of Retail Division + Operating Assets of Wholesale Division

= $37,500,000 + $17,500,000

= $55,000,000

ROI = (Operating Income ÷ Operating Assets) × 100

= ($11,500,000 ÷ $55,000,000) × 100

= 20.91%

6 0
3 years ago
A company purchased a 3-acre tract of land for a building site for $480,000. The company demolished the old building at a cost o
dedylja [7]

Answer:

$513,110

Explanation:

The computation of the cost of the land is shown below:

= Purchase tract of land + demolished cost of old building - scrap of the building + title transfer cost + attorney fees + property taxes - amount covered the period

= $480,000 + $25,000 - $2,800 + $1,550 + $760 + $9,500 - $900

= $513,110

We simply applied the above formula

5 0
3 years ago
Brady recently graduated from SUNY–New Paltz with his bachelor’s degree. He works for Makarov & Company CPAs. The firm pays
klemol [59]

Answer:$4,750

Explanation:

Taxable amount is given as  = Tuition benefits - Excludable amount

where,

Tuition fees benefits by company  = $10,000

Employer Tuition Assistance = $5,250 exclusion from income per student Tuition for oneself  (Employee) based on  graduate or doctoral classes  taxed on the dollar amount over and above the first $5,250.00 of tuition benefits paid per calendar year.  (source https://www.irs.gov/newsroom/tax-benefits-for-education-information-center)

therefore, Taxable amount = $10000-$5250

Taxable amount = $ 4750

Brady need to include$ 4750 in gross income.

4 0
3 years ago
Read 2 more answers
Francis interviews two candidates for an administrative assistant position that will require a fair amount of project management
Sholpan [36]

Answer:

The correct answer is (c)

Explanation:

In this situation, Francis will select the second candidate based on his cognitive abilities. There are various aspects which employers would like to see in a candidate, for example, education, experience, professionalism and many other qualities including cognitive abilities. Cognitive ability shows candidates seriousness towards a job their abilities, how focus they are and their mental strength.

5 0
3 years ago
The expense recognition (matching) principle, as applied to bad debts, requires: Multiple Choice That bad debts not be written o
Charra [1.4K]

Answer:

The use of the allowance method of accounting for bad debts.

Explanation:

We use the allowance method to match the expected ad debt with the sales or account receivables which generates.

As sales of a givne month can be declared uncollectible after several month using a direct method we are putting the burden of the uncollectible in another accounting period while leaving the one which did that sale untouched.

The allowance makesthe expense in the same time period thus, it follows the recognition principle.

5 0
3 years ago
Read 2 more answers
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