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gulaghasi [49]
3 years ago
5

The following transactions were completed by the company.

Business
1 answer:
Nana76 [90]3 years ago
3 0

Answer:

Since there is not enough room here, I used an excel spreadsheet to answer the question.

Assets increased by $8,440

Stockholders' equity increased by $8,440

Revenues increased by $8,440

Cash flows increased by $6,040

Explanation:

The accounting equation: Assets = Liabilities + Stockholders' Equity, basically represents how the double entry accounting system works. One side (assets) must always be equal to the other side (liabilities + stockholders' equity).

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The weighted moving average forecast for the fifth period, with weights of 0.15 for period 1, 0.20 for period 2, 0.25 for period
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Answer:

a. 3,760

Explanation:

The computation is shown below:

Period     Demand    Weight    Demand × weight

1               3,500         0.15        525

2              3,800         0.20        760

3              3,500         0.25        875

4              4,000         0.40        1,600

Total                                          3,760                      

We simply multiplied the demand with the weight to get the total.        

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3 years ago
When does information become as liability for an organization
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Answer:

after college hope it help :)

Explanation:

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Maybe what qualifications are required? Is there benefits that come along with the job? What made you want to be a janitor for this facility?

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3 years ago
Oscar owns a building that is destroyed in a hurricane. His adjusted basis in the building before the hurricane is $130,000. His
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Answer: $132,000

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Oscar's new basis on the building will be the basis of the old building plus any additional investment he added.

This is the because there is no gain on the $140,000 he received because it was an Involuntary Conversion amount and he reinvested it into another building within a period of 2 years.

As there is no gain, the building will retain it's original basis but will add any amount outside the involuntary replacement cost of the building.

The Additional basis will be,

= Cost of building - Insurance

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= $2,000

The Basis for the new building is,

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