Answer:
A. debit to Patent for 10,000FC multiplied by the current exchange rate.
Explanation:
Since the excess of cost over book value was 10,000FC and this excess was traceable to a 10-year patent.
The elimination entry to amortize the excess will include a debit to Patent for 10,000FC multiplied by the current exchange rate assuming the foreign entity's local currency is its functional currency.
Answer: Micropreneur
Explanation: In simple words, micropreneur refers to an individual who is willing to start a business at a very small level. Usually these individuals pursue their hobbies as their business so that they can gain some profit while living a balanced life style.
In the given case, Mandy is willing to start a business out of an art she is perfect in. Also she is going to start it at a very small level o that she can take care of her children at the same time.
Hence from the above we can conclude that Mandy is a micropreneur.
A profit and loss statement<span> will determine how well a business has done over the past year.The profit and loss statement is a financial statement which shows revenue, costs and all expenses that happened during a said period of time. Most companies do this quarterly or yearly. </span>
Answer:
The Capability Index for this process is 1.04. The right answer is B
Explanation:
According to the given data we have the following:
μ = 31 Seconds
USL = 45
LSL = 10
Standard deviation σ= 4.5
Therefore, in order to calculate the Capability Index for this process we would have to use the following formula:
Cpk=Min<u>(
USL-μ</u> , <u>μ-
LSL</u>)
3×σ 3×σ
Cpk=Min<u>(
45-31</u> , 31<u>-
10</u>)
3×4.5 3×4.5
Cpk = Min ( 1.04,1.56) = 1.04
The Capability Index for this process is 1.04
Answer:
D : common stock of $1,000,000
Explanation:
Hadley Corporation
Issued shares × par value common stock
Issued shares 200,000
Par value common stock $5
Hence:
200,000 x $5
= $1,000,000
Therefore the year-end balance sheet would show a common stock.of $1,000,000
