Answer:
The answer is given below;
Explanation:
The $ 5 collected will be treated as miscellaneous revenue.The cash over and short account will be credited for $5.
As the cash receipts are $ 105 and sales revenue is $100.The difference amount will be treated as miscellaneous revenue.
The journal entry will be;
Cash Dr.$105
Sales Revenue Cr.$100
Miscellaneous revenue Cr.$5
Answer:
the planned shortage in dollars is $19,499.60
Explanation:
The computation of the planned shortage in dollars is shown below:
= Percentage of planned shortage × planned net sales
= 1.64% × $1,189,000
= $19,499.60
hence, the planned shortage in dollars is $19,499.60
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Here are the
things needed to be considered:
20 feet= 1
TEU
40 feet= 1
TEU
<span>For 70
twenty-foot containers, multiply it with the conversion factor (1 TEU/1
twenty-foot) then cancel the twenty-foot unit. The answer is 70 TEUs. As for 30
forty-foot containers, you apply the same process but you use the 2nd conversion
factor which is (2 TEUs/ 1 forty-foot). The answer is 60 TEUs. </span>
<span>So 70+ 60= 130 TEUs
</span>
It would because it would be increasing sales
Answer:
Present value of all future benefits = 19,042.58 + 55362.48 = $74,409.24
Explanation:
Given data:
Next three payment at end of next three year are $5000,$8000 and $ 10,000
Amount received at the end of 10th year $11,000 per year.
discount rate = 9%
Present cash of flow is calculated as
PV = $ 19,042.58
Present value of annuity 
Present value of annuity = 55,362.48
Present value of all future benefits = 19,042.58 + 55362.48 = $74,409.24
