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2 years ago

Identify a true statement about process layouts.

Business

1 answer:

iragen [17]2 years ago

6 0

Answer:

b. they can be used to produce a variety of products without the need for expensive retooling.

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You are given the following information for O'Hara Marine Co.: sales = $75,500; costs = $35,200; addition to retained earnings =

pshichka [43]

Answer:

O'Hara Marine Co.

Depreciation Expense is:

$13,903

Explanation:

a) Data and Calculations:

sales = $75,500;

costs = $35,200;

addition to retained earnings = $9,580;

dividends paid = $8,420;

interest expense = $2,620;

tax rate = 23 percent

Net Income:

addition to retained earnings = $9,580;

dividends paid = $8,420

Total net income = $18,000

Pre-tax Income = $18,000/0.77 = $23,377

Income tax (23%) of $23,377 = $5,377

After Tax Income = $18,000 ($23,377 - 5,377)

Depreciation:

sales = $75,500

costs = $35,200

Gross profit = $40,300

Less interest (2,620)

Less net income (23,777)

Depreciation = $13,903

6 0

2 years ago

Helen Heartwell flew to New York City a few weeks after the September 11, 2001, bombing of the World Trade Center. She wanted to

Ymorist [56]

Answer:

Phenomenological

Explanation:

Helen Heartwell flew to New York City a few weeks after the September 11 , 2001, bombing of the World Trade Center . She wanted to know how the victims of the attack were making sense of what had happened to them . Dr. Heartwell is probably employing Phenomenological qualitative research design.

Phenomenological is the study in which we can study about the phenomena of the human as they experienced in real pr may they lived that.

There are two main approach of Phenomenological they are descriptive and interpretive . In recent time , Phenomenological is used widely in any field. It considered the important aspect which a person experienced or lived , but not interested in the explanation .

6 0

2 years ago

J. Morgan and M. Halsted are partners who share income and loss in a 3:1 ratio. After several unprofitable periods, the two part

Elina [12.6K]

Answer:

cash 110,000 debit

land 100,000 credit

gain at disposal 10,000 credit

--to reocrd teh sale of land--

accounts payable 80,000 debit

cash 80,000 credit

--to record the payment of liabilities--

gain at disposal 10,000 debit

Morgan 7,500 credit

Halsted 2,500 credit

--to distribute the gain from sale--

Morgan 22,500

Haslted 7,500

Cash 30,000

--to liquidate the partnership--

Explanation:

ratio 3:1 (3+1=4)

Morgan 15000 share of 3/4 = 75%

Halsted 5000 share of 1/4 = 25%

there is gain of 10,000 in the sale distribute as follow

Morgan 10,000 x 75% = 7,500

Halsted 10,000 x 75% = 2,500

Now we close the account against cash

8 0

3 years ago

Interest is eligible to be capitalized as part of an asset's cost, rather than being expensed immediately, when:

Lelu [443]

Answer:

The Asset is a Qualifying Asset.

Explanation:

Qualifying Assets take substantial period of time to get ready for its intended use and purpose and that will require capitalizing interest costs or borrowing cost to the asset.

4 0

2 years ago

Is it reasonable to assume that regardless of your relationship with your teammates, or coworkers, you will still show them resp

arsen [322]

Answer:

yes it is

Explanation:

there´s always the premise, that you have to separate your personal of your work life, so is totally reasonable that you have always to show respect to your coworkers because it helps to get better synergies between each other

4 0

2 years ago