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bagirrra123 [75]
3 years ago
14

All of the following are ways the WBS helps in managing projects EXCEPT Select one:

Business
1 answer:
rjkz [21]3 years ago
3 0

Answer:

D. Allows the project manager to establish the overall objective of the project

Explanation:

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At the beginning of the year, SnapIt had $12,400 of inventory. During the year, SnapIt purchased $39,800 of merchandise and sold
AveGali [126]

The journal entry to record the inventory shrinkage is :Debit Cost of goods sold $18,600; Credit Inventory $18,600.

<h3>Inventory shrinkage</h3>

Based on the information given the appropriate  the journal entry to record the inventory shrinkage is :

Debit Cost of goods sold $18,600

Credit Inventory $18,600

($12,400+$39,800-$33,600)

(To record inventory shrinkage)

Inconclusion the journal entry to record the inventory shrinkage is :Debit Cost of goods sold $18,600; Credit Inventory $18,600

Learn more about inventory shrinkage here:brainly.com/question/6233622

4 0
2 years ago
At the end of its first year of operations, Eagle Manufacturing has a deductible temporary difference of $100,000. Eagle has inc
Sunny_sXe [5.5K]

Complete question:

At the end of its first year of operations, Eagle Manufacturing has a deductible temporary difference of $100,000. Eagle has income taxes payable of $90,000 due to a tax rate of 20%. Eagle also recorded a deferred tax asset. Later, they determined that it is more likely than not that $15,000 of the deferred tax asset will not be realized. What entry should Eagle make to record the reduction in asset value?

A. Allowance to Reduce Deferred

Tax Asset to Expected Realizable

Value 15,000

Income Tax Expense 15,000

B. Income Tax Expense 15,000

Deferred Tax Asset 15,000

C. Income Taxes Payable 15,000

Income Tax Expense 15,000

D. Income Tax Expense 15,000

Allowance to Reduce Deferred

Tax Asset to Expected Realizable

Value 15,000

Answer:

Income Tax Expense = 15,000

Allowance to Reduce Deferred

Tax Asset to Expected Realizable

Value 15,000

Explanation:

A book value decrease decreases the valuation of the book asset when changes in the asset or the dynamics of the market have decreased its present market value.

Reduction of book value is a non-cash charge listed as an expense, which decreases net profit.

In this case , Option D entry should Eagle make to record the reduction in asset value

i.e,  Income Tax Expense                                        15,000

                     Allowance to Reduce Deferred

                     Tax Asset to Expected Realisable

        Value                                                                  15,000

3 0
3 years ago
Carrie attends Grant University. She works 22 hours each week at Freight Unlimited and makes $12 per hour. How much money will s
Goryan [66]

The answer is 4,752 :)

hope it helps!

7 0
3 years ago
When shopping you notice that a pair of jeans costs $20 and that a tee-shirt costs $10. you compute the price of jeans relative
WARRIOR [948]
So, the dollar price of the jeans is the nominal variable, and the relative price is the real variable.   The relative price of the jeans have been adjusted to inflation. The dollar price hasn't been adjusted for inflation, hence why it is the nominal variable (not adjusted for inflation).
5 0
3 years ago
On January 1, Year 2, the Arlington Company had 100,000 shares of common stock issued and outstanding. On July 1, Year 2, the co
Dennis_Churaev [7]

Answer:

The correct answer is 137,500 Shares.

Explanation:

According to the scenario, the computation of the given data are as follows:

Time period  Jan.1 - Jul.1 = 6 months

So, first we calculate the weighted average before dividend.

Weighted average before dividend shares outstanding = (100,000 × 6 ÷ 12) + (120,000 × 6 ÷ 12)

= 50,000 + 60,000 = 110,000

Now we can calculate the weighted-average number of common shares outstanding during Year 2 by using following formula:

Weighted-average number of common shares outstanding = Weighted average before dividend shares outstanding + Dividend on outstanding Shares

By putting the value we get,

= 110,000 + 25% × 110,000

= 110,000 + 27,500

= 137,500 Shares

6 0
3 years ago
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