Which type of identity theft occurs when a thief uses someone else's identity to commit a crime?

You business Is dependent on gas to transport its goods. The price of oil decreases, which means your production cost _

KonstantinChe [14]

Assuming other costs stay the same or go down, production costs would <u>go down</u> because the oil/gas that you use in production is now cheaper.

5 0

4 years ago

During 2020, Nash Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Nash for a lump s

LUCKY_DIMON [66]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

The manufacturer sells the chairs to Nash for a lump sum of $161,595.

Purchase:

Lounge chairs 1,080

Armchairs 810

Straight chairs 1,890

Sell:

Lounge chairs: 540 units at $90 =48600

Armchairs: 270 units at $80= 21600

Straight chairs: 324at $50= 16200

We need to determine the cost of sold goods. First, we will ponderate the lump sum cost for each type of chair.

Total units= 3780

Lounge= 1080/3780= 0.29

Armchairs= 810/3780= 0.21

Straight= 1890/3780= 0.5

Total cost= 161,595.

Lounge= 0.29* 161595= $46,862.55= $43.39

Armchairs= 0.21*161595= $33,934.95= $41.89

Straight= 0.5* 161595= $80,797.5= $42.75

Sales= $86400

COGS= (43.39*540) + (41.89*270) + (42.75*324)= 48,591.9

Gross profit= 37,808.1

Inventory= 161595 - 48491.9= %113,103.1

4 0

3 years ago

Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow: 20Y5 20Y6 Net income $1,324,

ss7ja [257]

Question Completion:

b. Is the change in the earnings per share from 20Y5 to 20Y6 favorable or unfavorable?

Answer:

Black Bull Inc.

20Y5 20Y6

1. Earnings per share (EPS) $18.20 $21.50

2. The change in the earnings per share from 20Y5 to 20Y6 is favorable.

More revenue and profits were generated in 20Y6 and despite the increased number of shares outstanding, the EPS for 20Y6 performed better than 20Y5's.

Explanation:

a) Data and Calculations:

20Y5 20Y6

Net income $1,324,000 $2,630,000

Preferred dividends $50,000 $50,000

Earnings available to common

stockholders $1,274,000 $2,580,000

Average number of

common shares outstanding 70,000 shares 120,000 shares

Earnings per share (EPS) $18.20 $21.50

($1,274,000/70,000) ($2,580,000/120,000)

3 0

4 years ago

What challenges may arise if a U.S. project manager moves to a foreign country to manage a project for 5 years

inna [77]

Answer and Explanation:

The challenges that occurs is as follows;

1. Adaption of an outside atmosphere

2. Language related problem

3. Every person have different kind of understanding skills that is difficult also it must be adopted for explaining the project to the other people

So as per the given statement, the above represent the challenges that arise in the case when the project manager shifted to a foreign country for managing a project of 5 years

3 0

3 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

shares

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

shares

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

3 years ago