C. Foreign
The face value of a currency compared to its purchasing power against other (inter)national currencies determines the currency’s strength
Answer:
started units 7,300
Explanation:
beginning WIP 3,900
started into production X
this sum should equal the amount for units accounted for
11,200 - 3,900 = 7,300 started units
The ending WIP and the trasnferred-out represent the units to be assigned for
When you say equipment meaning, it can be something that can help you boost your performance in doing something related to work. Thus in the given choices, building is not an example of equipment. Devices, machines and tools are the so-called equipment that is very helpful for the employee.
Answer:
Cost Advantage of different locations:
b. $20,000
Phoenix certainly had a cost advantage over Atlanta and based on this factor, it should be chosen for the new plant instead of any other city.
Explanation:
a) Total Costs of different locations:
Atlanta Phoenix
Fixed Cost $80,000 $140,000
Variable cost 400,000 320,000
Total Costs $480,000 $460,000
b) Variable costs
Atlanta Phoenix
Annual Demand 20,000 20,000
Variable cost/unit $20 $16
Total variable cost $400,000 $320,000
c) Cost Advantage is the competitive edge which location (or company) can have over another through reduced production or marketing costs or both so that it can offer cheaper prices or use excess profits to bolster promotion or distribution. In this case, the comparison is on the total cost, which is made of variable and fixed costs.
Answer:
1 a) + asset , + preferred stock
b) + asset , + preferred stock
c) + assets , + stockholder's equity
d) - and + Asset
e) + -Asset
f) - Equity , + liability
g) - Equity , - Asset
journal entry
a) Debit bank 700000 Credit Preferred stock 700000
b) debit land 420000 , credit preferred stock 420000
c) debit bank 768000 credit stockholder's equity 768000
d) Debit investment 270000 credit bank 270000
e) Debit bank 189000 , credit investment 189000
f) Debit dividend 19600 credit shareholders for dividends 19600
g) debit dividends 96000 credit bank 96000
Explanation:
dividends preferred = 7000 + 4200 = 11200 * 1 . 75 = 19600
dividends common stock = 48000 * 25 * 8 % = 96000
