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3 years ago

Entonces cualquier pregunta

Business

2 answers:

Reptile [31]3 years ago

6 0

Nope no questions. None at all

maxonik [38]3 years ago

3 0

Pero, ¿cuál es tu pregunta?

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Buzz Appliances manufactures two products: Food Processors and Espresso Machines. The following data are available:

murzikaleks [220]

Answer

D. 4,800 Espresso Machines and 0 Food Processors

The answer and procedures of the exercise are attached in a microsoft excel document.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

4 0

3 years ago

Last year, your company had sales of $3.6 million, cost of goods sold of $2.3 million and operating expenses amounting to $840,0

atroni [7]

Answer:

The firm's tax payment is $ 102,200

Explanation:

Sales 3,600,000

Cost of goods sold. (2,300,000)

Gross profit. 1,300,000

Other operating exp. (840,000)

Depreciation expenses. (114,000)

Interest expense

625,000 × 8%. (50,000)

Gain on investment 30,000

Income before taxes. 326,000

Tax expense 31.34% × 326,000

Firm's tax payment is therefore $102,200.

6 0

3 years ago

Shepherd Corporation had earnings and profits of $500,000 before distributions. Due to economic conditions, Shepherd, in partial

Aleonysh [2.5K]

Answer:

amount recognized gain = $7500

Explanation:

given data

profits = $500,000

basis = $67,500

fair market value = $75,000

interest = 95%

distribution = $90,000

to find out

amount of Shepherd Corporation’s recognized gain or loss

solution

we know that here effect of non liquidating distributions on corporation is gain are recognised on property that is express as

amount recognized = fair market value - Basis .................1

put here value we get

amount recognized = $75,000 - $67,500

amount recognized gain = $7500

8 0

3 years ago

A company must invest in project 1 in order to invest in project 2. Which of the following constraints ensures that project 1 wi

pickupchik [31]

The correct answer is C

7 0

2 years ago

On January 1, Skysong, Inc. had 90,500 shares of no-par common stock issued and outstanding. The stock has a stated value of $5

timama [110]

Answer:

No. of shares outstanding = A

Par Value (at $5) = B

Additional Paid in capital in excess of Par = C

Dividend = D

A B(A*$5) C D

Jan 1 balance 90,500 $452,500 $0

Add: Issued Apr 1 21,000 $105,000 $294000

June 30 Balance 111,500 $557,500 $294,000 $111,500

shares [111,500 shares x $1]

Add: Dec 1 Issued 2,500 shares $12,500 $32,500

Dec 31 Balance 114,000 $570,000 $326,500 $490,200

[114,000 shares x $4.3]

Journal Entries based on above

Date Accounts Titles Debit Credit

15-Jun Dividends $111,500

Dividends payable $111,500

10-Jun Cash $111,500

Dividends $111,500

15-Dec Dividends $490,200

Dividends payable $490,200

6 0

2 years ago