Answer:
$30,000
Explanation:
The computation of the amount received by Janet is given below:
Loss on sale of other assets is
= $150,000 - $50,000
= $100,000
Share of Janet in loss is
= $100,000 × 5 ÷ 10
= $50,000
So,
Janet revised capital balance is
= $80,000 - $50,000
= $30,000
Answer:
Commercial Paper.
Explanation:
A commercial Paper is an unsecured and negotiable money market instrument issued in the form of a promissory note. Are issued by companies to raise short term funds for meeting working capital requirements.
Benefits to the issuer:
-low interest expenses
-access to short term funding
-flexibility and liquidity
-investor recognition
-ease and low cost of establishment
-no collaterals
Benefits to the investor:
-higher yield
-portfolio diversification
-flexibility
-liquidity
Answer:
7 pounds
Explanation:
To solve this we need to use simultaneous algebraic equations.
Assume
x = 1 pound of bluegrass seed
y = 1 pound of drought resistant seed
Our first equation considers the number of pounds
x + y = 25
y = 25 - x
For the combined bluegrass seeds and thought resistant seeds bought
For the second equation we consider the price
2x + 3y = 68
Substitute value of y in equation 2
2x + 3(25 - x) = 68
2x + 75 - 3x = 68
x= 7
So the amount of bluegrass seed is 7
We can also get the amount of drought resistant seed from equation
7 + y = 25
y = 18
Answer:
$7.05
Explanation:
Given that
Direct labor = $3.50 per unit
Direct material = $1.25 per unit
Variable overhead = $41,400
Total fixed overhead = $150,000
Produced units = 18,000
The computation of total product cost per unit under variable costing is shown below:-
Total Variable overhead = Variable overhead ÷ Produced units
= $41,400 ÷ $18,000
= $2.3
Total product cost per unit = Direct labor + Direct material + Total variable overhead
= $3.50 + $1.25 + $2.3
= $7.05
Answer:
This is a repeat question on Brainly but here you go.
<h2><em>
$51,500
</em></h2>
Whether original cost or replacing cost is given in the question but we considered that cost in which the partner give their consent
So, the equipment amount should be debited at <em>$51,500
</em> instead of the original cost or the replacing cost
