Answer:
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Answer:
$18,000
Explanation:
Owl's 1992 income $ 120,000
Percentage owned − 3,000 out of 10,000 shares = 30%
Owned for 6 months (7/1/92 to 12/31/92) = 6/12
Income from investment in Owl
=$120,000 * 30% * 6/12
=$18,000
NB:
1. The dividends received decrease the investment account, but do not affect the income.
2. In a purchase, income from an investee is acknowledged only from date of purchase.
3. With 30% ownership, important influence is assumed and equity method is used.
Answer:
c. machine hours
Explanation:
In the case of the highly automated settings, the activity base that is used is machine hours due to which we can able to find out the factory overhead
The machine hours are the hours that are engaged while operating in a machine. It is to be used to allocate the factory overhead based on the machine hours due to which we can easily find out the total manufacturing cost
A<u> cultural shock</u> is disorientation and stress related to being in a foreign environment.
A person may feel culture shock when they are confronted with a foreign way of life as a consequence of immigration, travel to a foreign nation, or a change in their social environment. One of the most frequent causes of culture shock is people living abroad.
Following are the phases of cultural shock:
- Sadness for your native country is one of the emotional signs of culture shock. Loneliness, missing friends, family, and past activities Doubtful ideas
- Persistent need to go back to your native nation
- Loss of energy and physical exhaustion are physical symptoms.
- Changes in sleeping patterns are an example of culture shock.
- Signs of Social Culture Shock communication challenges brought on by a linguistic barrier.
- Being culture-shocked may be harmful.
To learn more about the foreign environment
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Answer:
4.83 times
Explanation:
The computation of the inventory turnover is shown below:
= Cost of goods sold ÷ average inventory
where,
Average inventory = Raw material inventory + work in progress inventory + finished goods inventory
= $740 + $320 + $1,010
= $2,070
And, the cost of good sold is $10,000
Now put these values to the above formula
So, the answer would be equal to
= $10,000 ÷ $2,070
= 4.83 times