Answer:
A. $6,300
Explanation:
The computation of the ending balance of uncollectible account is shown below:
= Opening balance of the uncollectible accounts + uncollected amount - bad debt written off
where,
uncollected amount = Credit sales × given percentage
= $450,000 × 3%
= $13,500
The other item values would remain the same
Now put these values to the above formula
So, the value would equal to
= $10,800 + $13,500 - $18,000
= $6,300
Answer: $14.5 million
Explanation:
The following information can be gotten from the question;
Total equipment cost = $4.2 million
Direct cost factor = 1.52
Indirect cos factor = 0.37
The total plant cost will then be calculated as:
= 4.2 × (1 + 1.52) × (1 + 0.37)
= 4.2 × 2.52 × 1.37
= 14.5
Therefore, the total plant cost is $14.5 million
C, interpersonal skills.
It seems to be the answer because team-work would add efficiency.
C. debit salaries payable; credit salaries expense
Answer:
A. $80,000
Explanation:
The computation of the gates investment is shown below:
= Net income × total percentage
where,
Net income = $200,000
And, the total percentage = Acquiring percentage + additional percentage
= 15% + 25%
= 40%
Now put these values to the above formula
So, the value would equal to
= $200,000 × 40%
= $80,000
The dividend part should not impact the investment. So, we do not consider it