Which of the following is the best example of a good?

Nickel Inc. purchased a tract of land as a possible future plant site in 2013. Valuable sulfur deposits were discovered on the l

Elina [12.6K]

Answer:

Debit $ 800,000 to the Asset Account.

Explanation:

With the help of successful efforts process we will find the solution of the given problem .The successful efforts process stated that,if the company are upgrading only those expenses or the cost that are involved with the discovery of oil and the gas then reserves are identified.

The successful efforts process stated that when the cost of exploration is achieved then the cost of the exploration is capitalized .

So the sulfur reserves were identified therefore $800,000 in exploration expenses would be debited to the Asset Account.

4 0

3 years ago

A ScrumMaster's role is to also be a Servant Leader. Which of the following characteristics is not a Servant Leader characterist

bulgar [2K]

Answer:

D. What are you going to do for me today?

Explanation:

The leader should be first a servant, having a desire to serve than to be served. This makes a leader has authority and not just power by having interactions with ones he leads. He is not just interested in building himself but contributing to growth and development of the people around him.

Therefore asking what one will do for you is not a Servant Leader characteristic because it puts the leader first before the people.

3 0

3 years ago

Your business has purchased 500 pizza pans, 60 kg of sauce, 100 kg of cheese, 2.5 kg of basil, 2.5 kg of oregano, 5 kg of yeast,

adelina 88 [10]

Answer:

400 pizzas

Explanation:

The complete question would be:

You are going into the business of making pizzas. The following is the list of ingredients to make ONE pizza:

400 g flour 50 mL water

10 g yeast 120 g sauce

250 g cheese 5 g oregano

5 g basil

Your business has purchased 500 pizza pans, 60 kg of sauce, 100 kg of cheese, 2.5 kg of basil, 2.5 kg of oregano, 5 kg of yeast, and 200 kg of flour. You have as much water as you need. How many pizzas can you make?

You are going to have to make a couple of conversions to do this. Since everything you need is indicated in grams, we first need to convert everything you have in grams.

There are 1,000 g in 1 kg. So now we convert them all:

60 kg of sauce

$60kg \times \dfrac{1,000g}{1kg} = 60,000g$

100 kg of cheese

$100kg \times \dfrac{1,000g}{1kg} = 100,000g$

2.5 kg of basil

$2.5kg \times \dfrac{1,000g}{1kg} = 2,500g$

2.5 kg of oregano

$2.5kg \times \dfrac{1,000g}{1kg} = 2,500g$

5 kg of yeast

$5kg \times \dfrac{1,000g}{1kg} = 5,000g$

200 kg of flour

$200kg \times \dfrac{1,000g}{1kg} = 200,000g$

So now that we know what we have, we determine how many pizzas we can make with the amount of each ingredient. We get the ratio of each ingredient to one pizza to determine how many we can make:

Flour:

Available: 200,000g

Needed: 400g

$200,000g\ of\ flour\times\dfrac{1\ pizza}{400g\ of\ flour} = 500\ pizzas$

Yeast:

Available: 5,000g

Needed: 10g

$5,000g\ of\ yeast\times\dfrac{1\ pizza}{10g\ of\ yeast} = 500\ pizzas$

Cheese:

Available: 100,000g

Needed: 250g

$100,000g\ of\ cheese\times\dfrac{1\ pizza}{250g\ of\ cheese} = 400\ pizzas$

Basil:

Available: 2,500g

Needed: 5g

$2,500g\ of\ basil\times\dfrac{1\ pizza}{5g\ of\ yeast} = 500\ pizzas$

Sauce:

Available: 60,000g

Needed: 120g

$60,000g\ of\ sauce\times\dfrac{1\ pizza}{120g\ of\ sauce} = 500\ pizzas$

Oregano:

Available: 2,500g

Needed: 5g

$2,500g\ of\ oregano\times\dfrac{1\ pizza}{5g\ of\ oregano} = 500\ pizzas$

We do not need to consider water, because it will provide as many as we will need.

So here we see that all but one ingredient is able to yield 500 pizzas. Cheese is the only one that yields less than 500, specifically 400 only. This is your limiting ingredient and this ingredient determines how many pizzas you can make. Because when you run out of cheese, you can no longer make a pizza.

4 0

3 years ago

The Evanstonian is an upscale independent hotel that caters to both business and leisure travelers. On average, one-third of the

iren [92.7K]

Answer:

Explanation:

1/3rd of the guests are leisure travelers

2/3rd of the guests are business travelers

Average leisure travelers stay for 3.6 nights

Average business travelers stay for 3.6*1/2 = 1.8

a)

It is given that on average day 135 guests check into The Evanstonian (R)

Leisure travelers = 135*1/3=45 guests per day(night)

Average number of leisure travelers = 45*3.6 = 162 guests

Business travelers = 135*2/3 = 90 guests per night

Average number of business travelers = 90*1.8 = 162 guests

b)

Total inventory = Leisure travelers + Business travelers = 162*2 = 324

Inventory turns = R/total inventory = 135/324 = 0.4167 turns per day

per month: 0.4167 * 30 = 12.5 turns

c)

324 rooms are booked for a night on average

We calculated that half of them are booked by leisure and half by business travelers

Therefore, average revenue is 1/2*250 + 1/2* 210 = 125 + 105 = $230

8 0

3 years ago

On May 1, Shilling Company sold merchandise in the amount of $5,800 to Anders, with credit terms of 2/10, n/30. The cost of the

Illusion [34]

Answer:

The journal entry that is to be recorded on May 1 is shown below:

Explanation:

May 1

The first entry to be posted:

Accounts Receivable A/c...................Dr $5,800

Sales A/c............................................Cr $5,800

As the company made a sale, so the sale is credited and it made against the accounts receivable. Therefore, accounts receivable account is credited.

The second entry to be posted is as:

Costs of goods sold A/c....................Dr $4,000

Merchandise inventory A/c...................Cr $4,000

The cost of the goods sold amounts to $4,000. So, the account of COGS is debited and it is against the inventory. Therefore, the merchandise inventory is credited.

8 0

3 years ago