The rules an organization establishes to guide behavior are called

A 1990 Naval Aerospace Research Laboratory Study noted that the fixations that occur during a scan require about 18 seconds.

Anastaziya [24]

This answer is A. True

7 0

3 years ago

Kendall Corp. purchased at par value $160,000 of Barker Company's 7% bonds that mature in 10 months. The bonds pay interest semi

lesantik [10]

Answer:

The correct answer is a. Debit Short-Term Investment for $160,000 and Credit Cash for the Same Amount.

Explanation:

Investments in Money Market Instruments, that is those instruments that mature within one year, are classified as Short-term Investments. Whereas, investments for a period of more than one year are termed as Long-term Investments. Since Kenall Corp. purchased bonds that will mature within one year, so such investment shall be classified under the head of Current Assets.

In-case of interest received semi-annually, Cash will be debited and Finance Income will be credited.

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8 0

4 years ago

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Greenville Cabinets received a contract to produce speaker cabinets for a major speaker manufacturer. The contract calls for the

Julli [10]

Answer:

For regular time manufacture :

Bookshelf month 1 = 3000

Month 2 = 2100

Floor. month 1 = 1500

Month 2 = 2040

For overtime manufacture:

Bookshelf month 1 = 0

Month 2 = 0

Floor. Month 1 = 900

Month 2 = 1460

For explanation see the picture attached

5 0

4 years ago

TB MC Qu. 08-156 Fortune Drilling Company acquires... Fortune Drilling Company acquires a mineral deposit at a cost of $5,900,00

OlgaM077 [116]

Answer:

Fortune Drilling Company

Journal Entry:

Debit Depletion Expense $1,350,000

Credit Accumulated Depletion $1,350,000

To record the first year's expense.

Explanation:

a) Data and Calculations:

Acquisition cost of mineral deposit = $5,900,000

Additional costs incurred = $600,000

Total costs of mine = $6,500,000

Estimated mineral deposit = 2,000,000 tons

Estimated years of extraction = 5 years

First year's extraction quantity = 418,000

Expenses for the first year = 418,000/2,000,000 * $6,500,000

= $1,350,000

Analysis:

Depletion Expense $1,350,000 Accumulated Depletion $1,350,000

7 0

3 years ago

The force that leads to zero economic profits for monopolistically competitive firms in the long run is:_________

KonstantinChe [14]

For monopolistically competitive businesses, the factor that ultimately causes zero economic profitability is: newly added

What Exactly Is Economic Gain (or Loss)?

The difference between the money made from selling an output and the price of all the inputs plus any opportunity costs is what is known as an economic profit or loss. By deducting potential costs and explicit costs from generated revenue, economic profit is calculated.

Opportunity costs are a kind of implicit cost that management determines and that vary depending on various events and viewpoints.

Analysis of accounting profit and economic profit frequently goes hand in hand. The profit that a corporation reports as accounting profit appears on its income statement. Accounting profit is a measure of actual inflows and outflows that is necessary for a company to have financial transparency.

To know more about economic profitability

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7 0

1 year ago