Answer:
Each will receive:
Gary: $ 16,400
Bill: $24,600
Carmella: $ 41,000
Explanation:
The profit is shared according to the ratios of their investment as per below calculations:
Gary: $82,000×2/10 = 16,400
Bill: $82,000*3/10 = 24,600
Carmella $82,000 *5/10 = 41,000
Answer:
The correct answer is letter "C": decrease.
Explanation:
Usually, military spending tends to <em>slow economic growth</em> since it discourages private investment which at the same time causes employment rates to drop. According to different researches, it is said that only a 1% increase in military spending could lead to up to 9% of economic growth decrease.
Another way to achieve the same goals as minimum wage and wage control ( without keeping markets from reaching equilibrium levels) is to increase YOUR PERSONAL INCOME directly.
It's actually a very simple way of thinking. If your salary currently could not afford a certain lifestyle, in order to afford it you could either : Cut back your other expense and re-allocate or simply by getting more money
Answer:
Yes
Explanation:
The computation is shown below:
Particulars Sales As Is Process further Incremental Accounting
Sales $89,500 $605,000 $515,500
(1,375 units × $440)
Less:
Additional Process costs $398,750 $398,750
(1,375 units × $290)
Total $89,500 $206,250 $116,750
Based on the incremental income, Holmes should process it further.
Answer: d. Requires description of all significant accounting policies to be included as an integral part of the financial statements.
Explanation:
There are several accounting and valuation policies that a company can use when presenting its financial information for the year. Companies are meant to follow the policies that would most fairly represent their assets and liabilities.
When they pick these valuation methods, it is important that the people who study their financial statements know the valuation and accounting methods used so that they can understand the figures.
To this end, ASC Topic 235 requires that the company should include the significant accounting policies that it used as notes so that financial statement users understand how the company reached the figures it recorded.
