Answer:
$157,300
Explanation:
The computation of the interest capitalized is as follows:
= Accumulated expenditure × rate of interest
= ($610,000 × 12 months ÷ 12 months) + ($1,800,000 × 4 months ÷ 12 months) + 0 × 13%
= ($610,000 + $600,000) × 13%
= $1,210,000 × 13%
= $157,300
Answer:
Amount to be included is Dividend income = $81,600
Explanation:
Dividend income = $272,000 * 30% =81,600
The only Investment amount to be include in the income statement is the dividend received (returns)
A reasonable man would attach decision making important to the omitted information.
No, i will not suggest the restaurant is selling food beyond its expiration date because the operating cycle includes the average collection period which will be long if the restaurant only takes cash.
<h3>What is an
operating cycle?</h3>
This refers to the number of days required for a business to receive inventory, sell the inventory and collect cash from the sale of the inventory.
The operating cycle as a financial tools plays a major role in determining the efficiency of a business.
Hence, whenever we noticed that a fast food restaurant's operating cycle is 30 days, we will not suggest the restaurant is selling food beyond its expiration date because the operating cycle includes the average collection period which will be long if the restaurant only takes cash.
Read more about operating cycle
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Answer:
The answer is C. The interaction of consumers.
Explanation:
In the primary markets, the valuers, corporations and even the regulatory bodies may set the price. However, when they are released into the market, supply and demand sets the price levels. In other words, consumer behaviour, expectations and interactions.
