Answer:
Its A
Explanation:
This accounting system is based on the principle of recording transactions at the time they are paid or collected, regardless of when they were made. In other words, it does not use the accrual criteria.
It should be noted that this system is the least accepted by the companies
In this case the company sells in year 1 for 14,000, and the customer cancels its debt in year 2.
And the same happens with salary expenses, they correspond to year 1, but they are paid in year 2.
In both cases, it is paid the year following the moment in which the event "occurred". Upon collection and payment, registration is made
Answer:
increase by price
Explanation:
because, of quantity let me m know if I am correct I am pretty sure I am
Answer:
keeping it private and not letting anyone find. out about it or keepin it from people
Answer:
Intrinsic value per share of common stock is $46.11
Explanation:
To calculate the intrinsic value per share, we first need to calculate the value of firm using FCF and then calculate the value of equity by deducting the market value of debt and preferred stock from the value of firm. Then we will divide the value of equity by the number of common stock shares.
Value of firm will be calculated using the constant growth model discounted cash flow approach. The formula for value of firm is,
Value of firm = FCF1 / WACC - g
Value of firm = 24.5 / (0.1 - 0.07)
Value of firm = $816.6666667 rounded off to $816.67
Value of equity = 816.67 - 125 = $691.67
Value per share = 691.67 / 15
Value per share = $46.11
Answer:
Debit to Factory Overhead
Credit to Factory Utilities Payable
Explanation:
The journal entry to record the use of utilities in a factory is as follows:
Factory overhead Dr XXXXX
To Factory utilities payable XXXXX
(Being the utilities usage is recorded)
Here the factory overhead is debited as it increased the expenses and credited the factory utilities payable as it also increased the liabilities
So, the above represent the answer