Answer:
$6,240
Explanation:
annual amount of depreciation expense for each of the remaining years would be $6,240.
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Answer:
Acid-test (quick) ratio=0.76642
Explanation:
Given Data:
Current Assets=$193,000
Current Liabilities=$137,000
Cash=$62,000
Accounts receivable=$43,000
Inventory=$88,000
Required:
Acid-test (quick) ratio=?
Solution:
Quick Assets=Cash+Accounts receivable
Quick Assets=$62,000+$43,000
Quick Assets=$105,000
Acid-test (quick) ratio=Quick Assets/Current Liabilities
Acid-test (quick) ratio=$105,000/$137,000
Acid-test (quick) ratio=0.76642
Answer:
Actus Reus
Explanation:
Actus Reus is action which constitutes a crime rather than mental state of the criminal. For an accused to charge with crime there should be proof and presence of Actus Reus. In absence of any strong evidence the accused can not be charged with criminal charges.
Answer:
$2,338
Explanation:
For computing the ending inventory, first we have to determine the average cost per unit, then ending inventory units which are shown below:
= (Beginning inventory units × price per unit + first purchase inventory units × price per unit + second purchase inventory units × price per unit + third purchase inventory units × price per unit) ÷ (Beginning inventory units + one purchase inventory units + second purchase inventory units + third purchase inventory units)
= (11 units × $51 + 15 units × $53 + 21 units × $55 + 17 units × $57) ÷ (11 units + 15 units + 21 units + 17 units)
= ($561 + $795 + $1,155 + $969 ) ÷ (64 units)
= ($3,480) ÷ (64 units)
= $54.375 per unit
Now the ending inventory units would be
= Available units for sale - sale units
= 64 units - 21 units
= 43 units
Now the ending inventory would be
= Ending inventory units × average cost per unit
= 43 units × $54.375 per unit
= $2,338
The right answer for the question that is being asked and shown above is that: "a. rivalry among existing firms in an industry" Information-based industries are most susceptible to one of Porter’s five forces which is the a. rivalry among existing firms in an industry
