Answer:
$120,000
Explanation:
The correct question should be :
Mary's Baskets Company expects to manufacture and sell 20,000 baskets in 2019 for $ 6 each. There are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. The company keeps no work-in-process inventory. What amount of sales revenue will be reported on the 2019 budgeted income statement?
SOLUTION
Given
budgeted goods to manufacture = 20,000
budgeted sale = 20,000
budgeted price = $ 6 each
To determine the amount of sales revenue on the 2019 budgeted income statement = budgeted sale × budgeted price
= 20000 × 6
= $120,000
Answer: is based on when the asset is expected to be converted to cash, or used to benefit the entity.
Explanation:
Also known as a Short-Term asset, a current asset is an item of value that a company can either use or sale within a period to gain cash to clear current liabilities. Current assets can easily be converted to cash by sales or use.
An organization that is made up of many owners who normally are not active in the decision-making and operations of the business. is what. Answer: Limited Partnership
A business owned by one person who typically runs and manages the business. is what.
Answer: Proprietorship
A new type of business structure that combines the benefits of a partnership and corporation. is what. Answer: Limited Liability Corporation
Answer: Partnership Two or more people who share the ownership of a single business.
Answer:
The answer is below
Explanation:
Going by the general biological terms and the definition is given, here the terms and their correct definitions
Prokaryotic - E cells have no membrane bound organelles
Eukaryotic - D cells have membrane bound organelles, especially a nucleus
Autotrophic - B can produce their own energy, usually by photosynthesis
Heterotrophic - H must get their energy from outside their bodies, usually by eating it.
Motile - A can move on their own
Sessile - C cannot move on their own
Unicellular - G made of only one cell
Multicellular - F made of more than one cell.
Answer:
$80750
Explanation:
The total cost of $80,750 would be recorded as the amount or rather the cost of equipment. This is because according to GAAP ( Generally accepted accounting principles), all cost involved in acquiring a business asset including sales tax, insurance and so on should be reported in the balance sheet with a book value that is equal to the overall acquisition cost ( which in this case includes sales tax, insurance, installation and testing).