Answer:
Explanation:
Given that
Beginning of month supplies purchased for $1,000
And, the supplies used = $300
So, The adjusting entry is as follows
1. Supplies expense A/c Dr $700
To supplies A/c $700
(Being supplies expense is recorded)
The supplies expense is computed by
= Supplies balance - supplies used
= $1,000 - $300
= $700
Answer:
10%
Explanation:
The computation of the rate of return during the year is shown below:
Rate of return = (End year investment price - beginning year investment price + additional investment received) ÷ (beginning year investment price)
= ($120,000 - $100,000 + $10,000) ÷ $100,000
= $10,000 ÷ $100,000
= 10%
Simply we applied the above formula so that the rate of return could come
Answer:
B) 574,000
Explanation:
Equipment book of Paar value on december 31/14 of $294,000.-
Add Kimmels equipment book value on december 31/14 of $190,00
Add original acquisition-date allocation to Kimmel´s equipment of ($400,000 - $272,000) = $128,000
Less Amortization of alloction ($128,000 / 10 years for 3 years) = (38,400)
Eqcuals consolidated equipment of $574,000
Answer: Cost focus strategy
Explanation:
The cost focus strategy is one of the type of business strategy in which the various types of companies or organizations are try to expand their marketing segments and also emphasizing the cost in the market.
The cost focus strategy is one of the important element and component of the generic marketing strategy in the market.
According to the given question, the ski safety selling the various types of products for the rescue purpose and it outlining the main objective and start selling on the basis of emergency at very high cost.
Therefore, Ski safety is basically pursing the cost focus strategy.
The Rust Belt became an industrial hub due to its proximity to the Great Lakes, canals, and rivers, which allowed companies to access raw materials and ship out finished products. These were the most important factors.
