Based on my online research, the current CEO of Earthwear is Calvin J. Rodgers.
From 2014 to 2015, the accounts payable change in dollars with an increase of $14,077 which is equivalent to 20.07%.
It is written that Earthwear had the highest net income in 2010. The net income amounted to $41,698.00
Additional detail about Earthwear is that it uses LIFO or last-in, first-out inventory valuation method.
Answer: A $304
Explanation: LIFO means last in first out. It means it is the older inventory that is sold off first.
On November 1, total value of inventory = $20 × 5 =$100
On November 2, total value of inventory = $100 + ( $22 × 10) = $320
On November 6, total value of inventory = $320 +($25×6) = $470
On November 8, 8 units of inventory was sold. This would be taken from the older stock of inventory. These inventories are the those from November 1 and 2.
The remaining inventory after the sale = (7 × 22) + 150 = $304
Answer:
A). determines groups and assigns work activities
Explanation:
Organizing is the function of management that allows development of an organizational structure and allocate the work activities to ensure the completion of objectives.
The managing activity of organizing determines the groups suitable for the objective and the assign task or work on the basis of skills and other parameters to the groups.
Hence, the correct answer is "A)".
Answer:
The correct answer is A. $18,276
Explanation:
First you have to calculate how much you'd end up having at the end of the 25 years period in your savings account.
You calculate the total amount saved for each year, using the formula:
Where
is the total amount in the savings account for this period.
is the total amount in the savings account from the previous period.
is the interest rate.
are the annual deposits being made into the savings account.
Therefore for the first year you'd do:
For the second year:
And so on. You can help yourself calculate the value of this series using programs like Excel.
I have attached an Excel file that has a table with the savings values for each of the 25 years.
So, the 25th year you’ll have $365,529.70 in your savings account. Now you simply divide this number by 20 (that will be the number of years you’ll be withdrawing the same dollar amount from your savings account):
In conclusion, you’d be able to withdraw $18,276.485 each year for the following 20 years after the 25th deposit, if all withdrawals are the same dollar amount.
Answer:
Account name statement(1) type of account(2)
Accounts payable BS CL
Accounts receivable BS CA
Accruals IS and BS income and SE
Accumulated amortization BS FA
administrative expenses IS E
Buildings BS FA
Cash BS CA
Common shares BS SE
Cost of goods sold IS E
Amortization BS E
Equipment BS F ASSET
General expenses IS E
Intrest expenses IS E
Account name Statement(1) type of account(2)
Inventories BS CA
Land BS FA
long term debts BS CL
Machinery BS FA
marketable securities BS CA
Line of credit BS LTD
operating expense IS E
Preferred shares BS SE
preferred share dividends BS SE
retained earnings BS R
Sales revenue IS R
Selling expense IS E
Taxes IS E
Vehicle BS FA
