Organization and Management
Answer:
required purchase 83,500
Explanation:
The cost of inventory in july sales and our desired ending invenory is the amount we need. the beginning inventory is a portion of this demand already fullfil, we need to purchase for the difference.
cost of inventory sales for July:
70,000 x (1 - 45%) = 38,500
desired ending inventory 105,000
beginning inventory <u> (60,000) </u>
required purchase 83,500
Answer:
C. Cyclically unemployed
Explanation:
Cyclically unemployed is when workers lose their jobs because of downturns in the business cycle
Answer:
available for common stock holders 34,000
Explanation:
The common stock holders are being paid after the preferred stock.
So we must first calculate and subtract the preferred stock.
5,000 preferred stock x $100 par x 4% = 20,000
declared dividends 54,000
preferred dividends <u> (20,000) </u>
available for common stock holders 34,000
<span>Employees earn $5,000 per day,work five days per week, monday through friday, and get paid every friday.it means every week every empoyee is paid $25,000 ON Friday . If the previous payday was january 26 and the accounting period ends on january 31.that means, january 26 is the friday ,the day on which payment made. then neaxt day i.e january 27 is saturday , in same way january 28 is sunday. so, from january 29 to january 31st ,there are 3 days ,where january 31st is the dat eon which accounting period ends . so payment for 1 day $5000. thus payment for 3 days = 3 x $5000 = $15000 thus $15000 is the amount in the ending balance in the wages payable account</span>
