Answer:
A
Explanation:
Agile means able to move around quickly
Answer:
1. $565,000 and $166,600
Explanation:
In case of recording sale instead of lease the interest should be computed on Cash selling price instead of cost of the equipment
.
Interest income = ($4,965,000 - $800,000)*8%*6/12
= $166,600
As $800,000 is due in July 1
Profit = $4,965,000 - $4,400,000
= $565,000
Therefore, The amount of profit on the sale and the interest income that Koenig would record for the year ended December 31, 2018 is $166,600 and $565,000.
Answer:
Option b is correct.
Explanation:
The statement in option ''b" is the correct option for laying emphasis on the main idea and de-emphasizing the minor ideas, that is;
"First, please make the changes to the second section of the proposal changes, and then have Jane proofread the entire proposal."
The above statement is a detailed one and shows the step by step instructions or requirements;
1." First, please make the changes to the SECOND SECTION of the proposal changes.''
The SECOND SECTION the writer mentioned lay emphasis on the second section of the proposal CHANGES AND NOT THE WHOLE.
2. "and then have Jane proofread the ENTIRE proposal"
The writer wants Jane to do the PROOFREADING of the ENTIRE proposal.
Answer:
d. 6,700 units
Explanation:
The computation of the equivalent units for conversion cost by using the FIFO method is shown below:
= Beginning inventory units × remaining percentage + units started and completed + ending inventory units × completion percentage
= 5,000 × 10% + (10,000 - 5,000) + 2,000 × 60%
= 500 + 5,000 + 1,200
= 6,700 units
We simply applied the above formula