Based on the beginning equity and the total revenues and expenses, the company's ending equity is $324,000
<h3>What is the ending equity?</h3>
First, find the net income:
= Revenue - expenses
= 72,000 - 34,000
= $38,000
The ending equity is:
= Beginning equity + net income
= 286,000 + 38,000
= $324,000
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Answer: The correct answer is "False".
Explanation: The statement "In facility location decision making matching the educational and skill levels of the labor pool to a company's needs is even more important than the labor pool's willingness and ability to learn.
" is FALSE because The willingness and ability to learn from the work group is much more important rather than the decision-making that corresponds to the educational levels and skills of the work group.
The solution for this problem is get first the total sales, credit sales and receivables turnover.
187,000 / 0.086 = $2,174,418 this is your total sales
2,174,418 x 60% = $1,304,651 is your credit sales
1,304,651 / 126,370 = 10.32 times is the Receivables turnover
365 / 10.32 = 35.37 days is the day's sales in receivables
Answer:
B) overhead cost/cost of goods sold
Explanation:
Overhead costs: all expenses not directly attributed to the production of a good or service (e.g. insurance, legal fees, administrative expenses, etc.)
Costs of goods sold: all costs directly attributed to the production of a good or service (e.g. direct labor, direct materials)
The truth is 100% Rule doesn’t
imply that the optimal solution will automatically change if the percentage exceeds
100%. The 100% Rule compares, proposed
changes to allowed changes. The value of the objective function will change,
but the values of the decision variables and the dual prices will stay the
same.
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