B. The mean of its sampling distribution is equal to the true value of the parameter being estimated
Answer:
cumulative discounts
Explanation:
Options:
- A) allowance
- B )cash
- C) seasonal
- D) noncumulative
- E) cumulative
A cumulative discount refers to a company offering a discount in the sales price of an item or items if the total purchase is higher than a certain threshold. It is similar to offering discounts for buying in bulk (which refers to quantity), only that this type of discount is offered to customers that purchase over a certain amount of money.
Answer: Credit Additional Paid in Capital $198
Explanation:
Brett Corporation reissued the Treasury Stock at $29 which was $3 higher than the amount they had repurchased it for.
When stock is sold for a price higher or lower than they are worth, the balance goes to the Additional Paid-in Capital account. If it is sold higher, the balance is Credited to the Additional Paid-in Capital account and if it is sold for lower than it is worth, it is debited.
The Balance here is,
= $3 * 66 resold shares
= $198
This $198 will therefore be credited to the Additional Paid-in Capital account.
Answer:
a. 60,600
Explanation:
Given,
The number of units completed and transferred out = 6000,
Ending inventory = 3,000,
Percentage of completed units with respect to materials = 20%,
So, the additional completed units = 20% of 3000
= 600
Hence, the weighted average equivalent units of production for materials for the month = 60,000 + 600
= 60, 600
OPTION A would be correct.
Economic profit is calculated as:
Economic profit = Total Revenues – Total Cost
Total cost both includes explicit and implicit cost. In
this case, the explicit cost is $8,000 while the implicit cost is $64,000.
Explicit cost is a direct payment made to run the business while implicit cost
is the opportunity as accountant that is lost. Therefore,
Economic profit = $150,000 – ($8,000 + $64,000)
<span>Economic profit = $78,000</span>