Answer:
3,000 physical units in the production
Explanation:
Given that,
Oxford started work on 3,000 units during the period
Units were 70% of the way through manufacturing
Therefore,
Physical units in the production = 3,000 units
Equivalently units of production is as follows:
= 70% of Physical units in the production
= 0.7 × 3,000 units
= 2,100 units
Hence, it would be correct to say that the company has 3,000 physical units in the production.
Answer:
Th answer is: net income for year 2 is $45,000
Explanation:
We must first determine the equity for both years (equity= assets - liabilities)
- Equity year 1 = $940,000 - $300,000 = $640,000
- Equity year 2 = $995,000 - $270,000 = $725,000
Then we calculate the change in equity:
- change in equity = $725,000 - $640,000 = $85,000
Finally to determine the net income or year 2 we use the following formula:
Net income (Y2)= change in equity - additional investments + dividends paid
net income (Y2) = $85,000 -$73,000 + $33,000 = $45,000
Answer:
A lack of competition
Explanation:
Non = absence
competition = the act of competing in a event
Which means noncompetition would mean "a lack or a absence of competition."
Hope this helps.
