Answer:
Dr work-in process $ 25,430.00
Cr wages payable $ 25,430.00
Explanation:
The total labor cost on jobs is the total hours spent on each job multiplied by direct labor cost per hour as shown thus:
Job 200=570*$20=$11,400.00
Job 305=610*$23=$14,030.00
Total direct labor cost on both jobs=$11,400.00 +$14,030.00 =$ 25,430.00
The journal entries in respect of labor cost of $25,430.00 is to debit work-in process and again a credit goes to wages payable
Answer: a. Gardening gloves
b. Terracotta planters
c. Garden scissors
d. Watering cans
Explanation:
From the question, we are informed that Helga runs a website on which she sells houseplants and that she also earns through pay-per-click advertising that allows search engines to show targeted ads on her site.
All the products will be advertised on her website. The gardening gloves, terracotta planters, garden scissors and the watering cans are all materials that are required for plant growth to provide water and keep weeds away.
Answer:
d.
Explanation:
Financial Statements depicts the financial position of a firm at a particular point of time or specified date. The users of financial statements use various types of analysis to understand or compare the current financial statements of the company to prior years or with those of the competitors.
‘Ratio Analysis’ is used to analyze the performance of a company. It is used to analyze the liquidity, profitability, solvency and operational efficiency of the company.
Accounts receivable turnover is the ratio of net credit sales to average accounts receivable. It can be calculated as:
Average accounts receivable = 
Accounts turnover ratio = 
No. of days of sales in receivables can be derived using the below mentioned formula:
No. of days of sales in receivables = 
Laissez-faire is an attitude and policy of letting events take their course without interruption.
The French Physiocrats introduced this term.
Answer:
Stability strategy.
Explanation:
Stability strategy: It is one of the major corporate strategy, which focuses on reducing the risk of expansion, investment or innovation. This strategy generally adopted by small scale businesses and have conservative approach toward risk or if market condition is not favorable for the business. Therefore, they do not make a significant change in their operations, they continue serving the same clients by offering the same product or service, maintaining market share, and sustaining the organization's current business operations.
