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3 years ago

The following information is available for Sweden Company for its most recent year:

Business

1 answer:

Sidana [21]3 years ago

4 0

Answer:

A $1,200,000

Explanation:

The correct answer is D.

the gross margin equals 40% of net sales = 40%* 1,800,000= 720,000

Cost of goods sold will therefore be 60% of net sales;

Cost of goods sold = (60% * 1,800,000) = 1,080,000.

Cost of goods available for sale = cost of goods sold + the cost of ending inventory.

Cost of goods available for sale = 1,080,000+120,000 = $1,200,000

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Cavy Company accumulated 580 hours of direct labor on Job 456 and 850 hours on Job 777. The direct labor was incurred at a rate

JulsSmile [24]

Answer:

$30,800

Explanation:

Dr Work in progress 30,800

Cr Wages payable 30,800

Direct labour hours × Per direct labour hour

Job 456

580×15 = 8700

Job 777

850×26= 22100

22,100 + 8,700 = 30,800

7 0

2 years ago

Sometimes entrepreneurs spend so much time and energy building the business that relationships are destroyed. What phrase best d

tekilochka [14]

Answer to this Question is

D) It's possible to score points in the wrong game.

Explanation:

Yes, its very much true that entrepreneurs build businesses from scratch, they build big empires by providing customers the most innovative products. They keep on finding the new solutions for the people's problems. Yes, while putting this handwork and changing the business and wold's landscape they put so much time, effort and energy that they get very less time for themselves that's why they cant give much time to their relationships and they have to loss them. That's why it is said that its just like scoring points in the wrong game.

5 0

3 years ago

ECONOMICS, PLEASE HELP.

Nina [5.8K]

Equilibrium is the point where supply meets demand. Look at the table and see where those two columns are the same.

For B. look at the chart and see at 1,50 rent (the first column) the demand is greater than supply or not. If demand is less than supply, there is a surplus. If demand is higher, there is a shortage.

This applies to question C as well. Look at the first column, find the rent, and see if there is more supply or more demand.

3 0

3 years ago

Information technology (IT) has changed:_________. a. the various forms of utility that businesses require in order to succeed.

bogdanovich [222]

Answer: c. the degree that businesses rely on each other for information and decision making.

Explanation:

Information Technology has enabled firms of all sizes and types to be able to access information that they need for themselves instead of having to rely on third-party providers that would provide data to them at a high cost.

This has enabled these businesses to rely less on other companies for decision making as well as become more efficient at it because they are able to use varied sources of information not just what they would have acquired from other companies.

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3 years ago

Kingbird, Inc. receives a $11000, 9-month, 6% promissory note from Sunland Company in settlement of an open accounts receivable.

Scorpion4ik [409]

Answer and Explanation:

The journal entry at the time of receiving the note is as follows:

Note receivable Dr $11,000

To Account receivable $11,000

(Being the note receivable is recorded)

Here the note receivable is debited as it increased the assets and credited the account receivable as it decreased the assets

6 0

3 years ago