Answer:
Data Quality Principle
Explanation:
Collected data is said to be relevant if it is a true representation of real world facts. If it is not then conclusions drawn from it will be incorrect.
Data should be complete, consistent, have integrity, and relevant for a specific use.
For example in marketing, a company uses names and contact information to promote their goods and services. The data needs to be correct and updated for it to be useful. Assume a customer has changed his address and phone number, and these were not updated. It will be difficult for the company to conduct business with him.
Answer:
$3.55; $3.13
Explanation:
Calculation to determine what The unit production costs for July are:
Using this formula
Unit product cost = (Beginning work in progress + Cost added) / Number of units
MATERIALS
Unit product cost=($8000+$63,000) / 20,000 units
Unit product cost=$71,000/20,000
Unit product cost=$3.55
CONVERSION
Unit product cost = ($3750+$52500) / 18,000
Unit product cost=$56,250/18,000
Unit product cost=$3.125
Unit product cost=$3.13 (Approximately)
Therefore The unit production costs for July are:$3.55; $3.13
Answer: $4,000 is ordinary income. No Capital gain
Explanation:
In 2017 and 2018, total Section 1231 losses are:
= 3,300 + 3,100
= $6,400
The Section 1231 gain in 2019 falls below the combined losses from the previous years of 2017 and 2018 so will not be counted as a capital gain as those losses are not yet being recaptured.
The entire $4,000 is therefore ordinary income.
Yes, look for help, your store getting robbed!
Answer:
$5,000 will be distributed to preferred stockholders and $45,000 will be distributed among common stockholders.
Explanation:
The accrued dividend on preferred stock based on predetermined rate or amount is known as preferred stock dividend. Preferred stock has priority over common stockholders, It means that dividend will be given to preferred stockholder first.
Preferred stock dividend = 4,000 shares x $25 x 5% = $5,000
Common stock dividend = $50,000 - $5,000 = $45,000
