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Brut [27]
3 years ago
6

When revenues equal spending, a budget is considered

Business
1 answer:
Dominik [7]3 years ago
8 0
<span>c. balanced.</span><span>

Upward urban growth will increase pollution as the number of people will increase. The increase in population and obstruction of free movement of air because of upward urban growth will result in a "heat island". Since the number of inhabitants is going to increase with upward urban growth, waste management will also become an issue.</span>
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Crane, Inc. estimates the cost of its physical inventory at March 31 for use in an interim financial statement. The rate of mark
Ann [662]

Answer:

The estimated Inventory is $376,000.00, which is equal to the difference between cost of goods available for sale and cost of goods sold.

Explanation:

The cost of goods available for sale is made of Beginning Inventory $538,000 and Net Purchases $410,000 (418,000 Purchase - 8,000 Purchase Returns).

The cost of goods sold is 100% of Sales of $714,000, using a markup on cost of 25%.  This implies that Sales represent 100+25%, = 125%.

Cost of goods sold is therefore $714,000/125 x 100, which is equal to $571,200.

A summary of Trading Account is attached to illustrate the above workings.

Download xlsx
8 0
3 years ago
Read 2 more answers
What term is used to describe the practice of unloading materials from an incoming trucks or rail cars and loading these materia
Bond [772]

Consolidation is the logistics process of removing cargo off an incoming truck or railway and loading it immediately onto an outgoing truck or railcar with little or no storage in between.

<h3>How would you define consolidation?</h3>
  • The consolidation process or act; the state of consolidation. The act of merging; especially, the joining of two or more corporations through the dissolution of the former and the formation of the latter into a single new entity.
  • The Latin word consolidation, which meaning "to merge into one body," is where the word consolidate derives from. In any situation, consolidating entails combining a number of smaller objects into a single, larger group. For instance, a traveler might combine all of their belongings into one sizable bag.
  • Debt consolidation is the process of combining all of your debts into a single loan or monthly payment, including credit card bills and other loans. Consolidating your debts could simplify or reduce your monthly payments if you have a number of loans or credit card accounts.

To learn more about consolidation refer to:

brainly.com/question/25292770

#SPJ4

4 0
10 months ago
Ronen Consulting has just realized an accounting error that has resulted in an unfunded liability of $ 398 comma 930 due in 28 y
Sladkaya [172]

Answer:

Present value of Liability is $59,989

Explanation:

Money does not have the same value in future as it has today. The present value calculates the today's value of any that cash flow will be made in future.

Liability = FV = $398,930

Number of years = n = 28 years

Discount rate = r = 7%

Present value = FV / ( 1 + r )^n

Present value = $398,930 / ( 1 + 0.07 )^28

Present value = $398,930 / 6.65

Present value = $59,989.47

3 0
3 years ago
________ unions are based on certain occupational skills. general craft industry conglomerate
gayaneshka [121]
Hi

I remember they used to give me options for this kind of question :)

Here you go, I remember the answer is : Craft

Good luck!
7 0
2 years ago
A human service worker has to get a plan of action for a juvenile offender she discovers you skipped a couple of counseling sess
Annette [7]
Yes I do have it on the
8 0
3 years ago
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