The largest proportion of federal revenues comes from C. Personal income taxes.
Answer:
transferred-out 135,000
Explanation:
We solve using the following identity:
beginning WIP + cost added during the period:
total cost to be accounted for.
Then this value can be either ransferred-out r remain at the ending WIP
so we construct as follows:
beginning 0
added 180,000
Total cost 180,000
ending <u> (45,000) </u>
transferred-out 135,000
Answer:
Loan amount = $184,193.95
Explanation:
Interest will remain same each year. Interest per year = 200,000*10% = $20,000
Installment $21,215.85
Less: Interest <u>$20,000</u>
Payment to Principal <u>$1,215.85</u>
Total principal repaid in 13 years = $1,215.85 * 13 years = $15,806.05
So, the principal left = $200,000 - $15,806.05 = $184,193.95
Answer:
The $5,400 is the amount should Bad Brads BBQ record the equipment.
Explanation:
According to the Generally Accepted Accounting Principles (GAAP), the amount of asset is recorded at cost or fair market value which ever is lower.
The motive behind this is to present the financial statement in true and fair value rather than mislead values.
Since in the given question, the equipment purchase cost is $5,000 and shipping charges is $400.
So,
The total cost is = Purchase cost + shipping charges
= $5,000 + $400
= $5,400
And, the fair market value is $7,000.
By using the above explanation, the $5400 is the lesser amount than the $7,000.
Hence, the $5,400 is the amount should Bad Brads BBQ record the equipment.
Answer:
In marketing, price discrimination refers to selling the same product to different buyers at different prices depending on each buyer's purchasing power or preferences which result in them being able and willing to pay different prices. E.g. a movie theater that charges different prices depending on the age of the movie goers.
In this case, the fact that a factory is located far away from your house might result in a higher price due to delivery costs, but that doesn't meant that it is using price discrimination. E.g. I just purchased a new refrigerator online and I had to pay a delivery fee that increased its price because the seller is from another state. I purchased the refrigerator from that retailer because it lower prices including delivery costs, but someone that purchased it from the same city will probably pay even less than me. But it is just logistics, since I live far away I have to wait 3 days for delivery and pay for it.
