The amount of people who can come is 38
Answer:
Dr Cash 56,364
Cr Notes Receivable 52,800
Cr Interest Receivable 1,980
Cr Interest Revenue 1,584
Explanation:
Preparation for what entry must it make to record the collection of the note and interest at its maturity date
Dr Cash 56,364
($52,800+1,980+1,584)
Cr Notes Receivable 52,800
Cr Interest Receivable 1,980
Cr Interest Revenue 1,584
[52,800*9%*(3months/9 month)]
Answer:
d. 90,000.
Explanation:
<em><u>Weighted average processing cost:</u></em>
completed during the period 80,000
complete portion of ending WIP
30,000 x 1/3 = 10,000
Total EU 90,000
<em><u>FIFO processing cost:</u></em>
80,000 completed
+ 10,000 ending WIP
<u><em>- 20,000</em></u><u> </u>x 1/5 previous production
86,000
as only W/A equivalent untis is possible to pick that should be the answer.
Answer:
a. 8.1%
Explanation:
Calculation to determine the rate earned on total assets for this company
Using this formula
Rate earned on total assets=Net income /Total Assets
Let plug in the formula
Rate earned on total assets=$25,000/$310,000
Rate earned on total assets=0.0806*100
Rate earned on total assets=8.06%
Rate earned on total assets=8.1% (Approximately)
Therefore the rate earned on total assets for this company will be 8.1%
Answer:
A
Explanation:
A differentiation strategy entails making ones product different from that of other firms in the industry. This would enable the firm that has a differentiated product sell at a premium. The aim of this strategy is to have a competitive advantage
Advantages of a differentiation strategy
- products are unique. This reduces the competition the product faces with other products in the industry
- it increases brand loyalty