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antiseptic1488 [7]
2 years ago
7

What is the Head Start Program? A. A teaching method which equips students to regurgitate facts in order to do well on standardi

zed tests B. A federal program that provides academically focused preschool to students of low socioeconomic status C. A state mandate that determines the eligibility of students who expect to attend college D. A curriculum which requires states to test students in prescribed grades, with the results of those tests determining eligibility to receive federal funding
Business
1 answer:
never [62]2 years ago
7 0

Answer: A federal program that provides academically focused preschool to students of low socioeconomic status.

       

Explanation: Head Start is a U.S. Department of Health and Human Services program that offers extensive early childhood development, healthcare, nutrition, and permissive parenting services to children and families with low incomes.

The services and programs are intended to promote stable and loving relationships, strengthen the emotional and financial well-being of children, and create an atmosphere for the development of good cognitive abilities.                  

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Chapman Company obtains 100 percent of Abernethy Company’s stock on January 1, 2020. As of that date, Abernethy has the followin
kobusy [5.1K]

The consolidation worksheet entries for December 31, 2020, and December 31, 2021 is: Debit Common Stock -Abernethy                           $250000; Debit  Additional paid-n capital – Abernethy $50,000; Debit Retained earnings   $431,110; Credit Investment in Abernethy $731,110.

<h3> Consolidation worksheet entries </h3>

December 31, 2020

Entry S

Debit Common Stock -Abernethy                           $250000

Debit  Additional paid-n capital – Abernethy           $50,000

Debit Retained earnings                                           $431,110

($731,110-$250,000-$50,000)

Credit Investment in Abernethy                               $731,110

(Elimination entry for Abernethy common stock)

Entry A          

Debit Goodwill                                             $107,510

Credit Investment in Abernethy                                            $107,510

($731,110-$250,000+$323,600+$50,000)

(To recognize excess acquisition cost as goodwill)

Entry I            

Debit Equity in Earnings of Subsidiary      $129,000

Credit Investment in Abernethy                           $129,000

(Elimination entry for inter-company income for 2020)

Entry D          

Debit Investment in Abernethy                    $16,000

Credit Dividends paid                                               $16,000

(Elimination of inter-company dividend payments)

Entry E            

No Journal Entry Required

(Unamortized goodwill under the partial equity method)

Entry C          

No Journal entry required

(Goodwill unamortized)

December 31, 2021

Entry S

Debit Common Stock – Abernethy                         $250,000

Debit Additional-Paid-in Capital –Abernethy         $50,000

Debit Retained Earnings –Abernethy                        $431,110

($731,110-$250,000-$50,000)

Credit Investment in Abernethy                             $731,110

(Elimination entry of beginning stockholder’s equity balances of Subsidiary)

Entry A

Debit Goodwill                                                         $145,000

Credit Investment in Abernethy                                $145,000

(To record goodwill balance)

Entry I

Debit Equity in Earnings in Subsidiary                   $176,000

Credit Investment in Abernethy                                $176,000

(Elimination of inter-company accrual for the year 2021)

Entry D

Debit Investment in Abernethy                                $38,000

Credit Dividends Paid                                               $38,000

(Elimination of inter-company dividend payments)

Entry E            

No journal entry is required

Therefore the entries is: Debit Common Stock -Abernethy                           $250000; Debit  Additional paid-n capital – Abernethy $50,000; Debit Retained earnings   $431,110; Credit Investment in Abernethy $731,110.

Learn more about  Consolidation worksheet entries here:brainly.com/question/15128084

#SPJ1

4 0
2 years ago
Method A assumes simple interest over final fractional periods, while Method B assumes simple discount over final fractional per
Marina86 [1]

Answer:

The answer is "1.1"

Explanation:

In the case of a single Interest, the principal value is determined as follows:

\ I = Prt \\\ A = P + I\\A = P(1+rt) \\\\A = amount \\P= principle\\r = rate\\t= time

In case of discount:

D = Mrt \\P = M - D \\P = M(1-rt)\\\\Where,  D= discount \\M =\  Maturity  \ value \\

Let income amount = 100, time = 1.5 years, and rate =20 %.

Formula:

A = P(1+rt)  

A =P+I

by putting vale in the above formula we get the value that is = 76.92, thus method A will give 76.92  value.

If we calculate discount then the formula is:

P = M(1-rt)

M = 100  rate and time is same as above.

P = 100(1-0.2 \times 1.5) \\P = 100 \times \frac{70}{100} \\P = 70

Thus Method B will give the value that is 70  

calculating ratio value:

ratio = \frac{\ method\  A \ value} {\ method \ B \ value}\\\\\Rightarrow ratio = \frac{76.92}{70}\\\\\Rightarrow ratio = \frac{7692}{7000}\\\\\Rightarrow ratio = 1.098 \ \ \ \  or \ \ \ \  1.

4 0
3 years ago
Coronado Industries is contemplating the replacement of an old machine with a new one. The following information has been gather
Lostsunrise [7]

Answer:

$32,000

Explanation:

Net advantage = Annual operating cost

Net advantage = [(Old machine - New machine)*10 life] - New machine cost + Old machine cost

Net advantage = [($320000 - $240000)*10] - $800000 + $32000

Net advantage = [($80000)*10 - $768,000

Net advantage = $800,000 - $768,000

Net advantage = $32,000

So, the net advantage of replacing the old machine is $32,000

4 0
3 years ago
The period manufacturing costs of a company is comprised of $2,000,000 in direct materials, $1,000,000 in direct labor, and $500
shutvik [7]

Answer:

The Direct material cost per unit is = 285.714 per unit

The  Direct labor per unit is= 142.857 per unit

The Overhead cost per unit is  = 71.4285 per unit

Explanation:

Solution

We recall that:

The total direct material= $2000000

The total direct labor= $1000000

The units in products = 7000 units

The total Overheads= $500000

Now,

The direct materials on machinery is = $ 800,000(40%)

The direct labor on machinery  is= $ 600,000(60 %)

The machinery on overheard  is = $ 250,000(50 %)

The direct materials on assembly is  = $ 1200,000

The Direct labor on assembly is  = $ 400,000

The Overhead on assembly  is = $ 250,000

Thus,

The hybrid manufacturing cost statement is represented or shown below

Particular   Machinery (40%)in $     Assembly (60%)in $  Total in $

Now,

Particular = Direct material,

Machinery (40%)in $  = 800000

Assembly 60% in $ = 1200000

Total in $ =2000000

Grand total = 1650000

Particular = labor

Machinery (40%)in $  = 600000

Assembly 60% in $  = 400000

Total in $ = 1000000

Grand total = 1850000

Particulars = Overhead

Machinery (40%)in $ =250000

Assembly 60% in $ = 250000

Total in $ = 500000

Grand total = 3500000

Thus,

The Direct material cost per unit = 2000000/7000 = 285.714 per unit

The  Direct labor per unit = 1000000/700 = 142.857 per unit

The Overhead cost per unit = 500000/7 = 71.4285 per unit

3 0
2 years ago
Why did Krispy Kreme decide to manufacture all the donut mix and distribute it to the stores?
sveta [45]

Answer:

Option A

Explanation:

In simple words, Krispy Kreme Doughnuts, Inc. is an American doughnut company and coffeehouse chain owned by JAB Holding Company.  Krispy Kreme was founded by Vernon Rudolph, who bought a yeast-raised recipe from a New Orleans chef, rented a building in 1937 in what is now historic Old Salem in Winston-Salem, North Carolina, and began selling to local grocery stores.

They make all their dough of the product by themselves so that the neutrality regarding their consistency remains intact thought the country,

5 0
3 years ago
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