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3 years ago

Rojas Corporation’s comparative balance sheets are presented below.

Business

1 answer:

krek1111 [17]3 years ago

6 0

Answer:

Excerpt from Duty, Honor, Country / Every Man a King

General Douglas MacArthur / Huey P. Long

Duty, Honor, Country / Every Man a King

By: General Douglas MacArthur / Huey P. Long

Explanation:

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Microeconomics includes the study of Group of answer choices changes in the price of commercial real estate. expansions and cont

Ksivusya [100]

Answer: Microeconomics is the study of changes in price in the price of commercial real estate.

Explanation:

Microeconomics is the study of the behavior of individuals, households and firms in making decisions and the allocation of resources. Microeconomics deals with individual issues and applies to the markets of products. In microeconomics, the economy is studied at an individual level. Examples of microeconomics are demand, price level, supply and competition.

Apart from Microeconomics is the study of changes in price in the price of commercial real estate(option A), every other options deals with the economy as a whole. The other options are macroeconomic issues and not microeconomic issues.

5 0

3 years ago

What happens when you make a purchase using a credit card?

harkovskaia [24]

It takes ur money out and away

4 0

4 years ago

Read 2 more answers

Katie had a high monthly food bill before she decided to cook at home every day in order to reduce her expenses. She starts to s

LekaFEV [45]

Answer: $13,464.23‬

Explanation:

Kate is saving a constant amount of $1,410 per year so indeed it is an annuity.

The amount she will have in the account after 8 years is the future value of the annuity after 8 years.

The formula is;

Future Value of Annuity = Annuity * (future value factor of annuity, 8 years, 5%)

= 1,410 * 9.5491

= 13,464.231‬

= $13,464.23‬

3 0

3 years ago

Robert Parish Corporation purchased a new machine for its assembly process on January 1, 2014. The cost of this machine was $315

Lady bird [3.3K]

Answer:

(a) Straight-line depreciation.

depreciation expense per year = ($315,900 - $15,900) / 4 = $75,000

(b) Activity method for 2014 and 2015, assuming that machine usage was 15,000 hours for 2014; 11,710 hours for 2015; 12,150 hours for 2016 and 1,140 hours for 2017.

depreciation expense per unit = $300,000 / 40,000 = $7.50 per unit

depreciation expense 2014 = $7.50 x 15,000 = $112,500

depreciation expense 2015 = $7.50 x 11,710 = $87,825

depreciation expense 2014 = $300,000 x 4/10 = $120,000

depreciation expense 2015 = $300,000 x 3/10 = $90,000

(d) Double-declining-balance.

depreciation expense 2014 = $315,900 x 2 x 1/4 = $157,950

depreciation expense 2015 = $157,950 x 2 x 1/4 = $78,975

depreciation expense 2016 = $78,975 x 2 x 1/4 = $39,487.50

depreciation expense 2017 = $39,487.50 - $15,900 = $23,587.50

6 0

3 years ago

A fire destroyed a warehouse of the Goren Group, Inc., on May 4, 2021. Accounting records on that date indicated the following:

katrin [286]

Answer:

$1,190,000

Explanation:

The computation of cost of the inventory is given below:-

For computing the cost of inventory first we need to find out the cost of goods sold which is shown below:-

Cost of goods sold = Sales - Estimated gross profit

= $8,900,000 - ($8,900,000 × 20%)

= $7,120,000

Now, the Cost of the inventory = Beginning inventory + Purchase + Freight - Cost of goods sold

= $1,970,000 + $5,870,000 + $470,000 - $7,120,000

= $8,310,000 - $7,120,000

= $1,190,000

So, for computing the cost of the inventory we have applied the above formula.

3 0

4 years ago