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mylen [45]
2 years ago
9

Select all that apply On November 1, 2019, Movers, Inc., paid $24,000 for 2 years' rent beginning on November 1 (assume rent is

the same amount each month). Movers' year-end financial statements as of December 31, 2019 will show: (Select all that apply.) Rent expense of $2,000 Rent expense of $1,000 Rent expense of $24,000 Prepaid rent of $22,000 Prepaid rent of $24,000
Business
1 answer:
Mariana [72]2 years ago
8 0

Answer:

Rent expense of $2,000

Prepaid rent of $22,000

Explanation:

Since we were told that On November 1,2019 Movers Inc., paid the amount of $24,000 for a 2 years' rent which will start or begin on November 1 which means Movers' year-end financial statements as of December 31,2019 will show:

Rent expense of $2,000

Prepaid rent of $22,000

The rent expense of $2,000 is calculated as

(1÷12*$24,000)=$2,000

The prepaid rent of $22,000 is calculated as

$24,000-$2,000

$22,000

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The welding department supplies parts to the final assembly line. Management decides to implement a kanban system and has collec
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Answer: 45 containers

Explanation:

The number of containers needed is calculated by:

= (Expected demand during Lead time + Safety Stock) / Container Capacity

Expected demand during Lead time = Daily demand * Lead time

= 2,500 * 3

= 7,500 units

Safety stock = 1.5 days * 2,500

= 3,750 units

Number of containers needed:

= (7,500 + 3,750) / 250

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3 years ago
The federal government or private associations might fund________to help an entrepreneur finance a new business.
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I’m positive it’s a loan
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Heath's company is currently producing 50 units of output. the price of the good is $5 per unit. total fixed costs are $30 and t
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Given that <span>Heath's company is currently producing 50 units of output. the price of the good is $5 per unit. total fixed costs are $30 and the average variable cost is $8 at 50 units. this company: </span><span>is experiencing an economic profit of $40.</span>
6 0
3 years ago
In a _______ organization lower-level managers are empowered to make decisions which can ________ motivation and job satisfactio
cupoosta [38]

Answer:

The correct answer is B

Explanation:

Decentralized is the process in which the power, functions are distributed or dispersed from the central location or authority to the lower level of the management.

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3 0
3 years ago
The Operations Manager for Shadyside Savings &amp; Loan orders cash from her home office for her very popular "BIG BUCKS" automa
notsponge [240]

Answer:

3,000 $100 bills equivalent to $300,000

Explanation:

The economic order quantity (EOQ) is the optimum quantity of a good to be purchased or required at a time in order to minimize ordering and carrying costs in inventory.

EOQ = the square root of [(2 times the annual demand in units times the incremental cost to process an order) divided by (the incremental annual cost to carry one unit in inventory)]

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EOQ = √[(2 x 150,000 x $300) / $10] = √($90,000,000 / $10) = √9,000,000 = 3,000 bills

8 0
2 years ago
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