Answer:
1 +1R4= {(1 +1R3)(1 + E(4r1) +L4)}1/4
1.0500 = {(1.0475)^3(1 + 0.0525 +L4)}1/4
(1.0500)^4= (1.0475)3^(1 + 0.0525 +L4)
(1.0500)^4/(1.0475)^3= 1 + 0.0525 + L4
(1.0500)4/(1.0475)^3-1.0525
L4= .0050358564 = 0.504%
Answer:
Supplies Expense 1625 Dr
Supplies Account 1625 Cr
Explanation:
First, we need to determine the supplies expense for the period. The supplies expense can be calculated by deducting the year end supplies balance from the supplies account balance.
The supplies expense = 2600 - 975 = $1625
The adjusting entry that will be made at the end of the period is,
Supplies Expense 1625 Dr
Supplies Account 1625 Cr
Answer:
Overhead costs are often affected by many issues and are frequently too complex to be explained by any one factor.
Explanation:
An overhead cost is not directly defined, to be that of material, or labor, or any other unit, overhead include, many factors, electricity usage, machine hours usage, water usage, or the capacity utilization of machinery, and various other factors. Since its computation and allocation is not clear many a times, a single overhead like that of electricity, has many factors, ideal usage of electricity, or machine hours used in production or simply the total cost of overheads for that month or building or etc: and its utilization. In short, to conclude we can state that overhead costs are complex in nature.
All other options are false.
Final Answer
Overhead costs are often affected by many issues and are frequently too complex to be explained by any one factor.
"Cash flow from financial activities" is the heading." This section of the cash flow statement displays all of your company's financing activity, including equity, loan, and dividend transactions.
<h3>What is cash flow statement?</h3>
A cash flow statement is a financial statement that outlines all cash inflows a company receives from ongoing operations and outside investment sources.
It also includes all cash outflows for business and investment operations over a set period of time.
Thus, "Cash flow from financial activities" is the heading.
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Answer:
Ending inventory= $119,000
Explanation:
Giving the following information:
Sales (net) $1,450,000
Estimated gross profit rate of 42%
Beginning merchandise inventory $100,000
Purchases (net) 860,000
Merchandise available for sale $960,000
Cost of goods sold= 1,450,000*0.58= 841,000
Ending inventory= 960,000 - 841,000= 119,000
