Your thermometer should be reading 32 degrees Fahrenheit after 30 seconds. If it’s not, it needs to be recalibrated. The ice point method is the most accurate way to calibrate a thermometer. I hope that helps.
Answer:
By 110,000 the retained earnings reduced by the property dividend.
Explanation:
Retained Earnings: The retained earnings is that earnings which is left after all payments relating to the business expenses, shareholder dividend. The earnings which is to be retained so that it can come in use in near future.
For retained earning calculation, the stock market value is recorded when the date is declared not on distribution date.
So, the calculation is computed below:
As the 50,000 shares is given for every 10 shares. So, first we have to compute for 1 share which comes by dividing shares to number of shares i.e. 50,000 shares ÷ 10 shares = 5,000 for 1 share.
Now, multiply by market value which comes = 5,000 × $22 = $110,000.
So, by 110,000 the retained earnings reduced by the property dividend.
Answer:
5,100 units
Explanation:
Data provided:
Number of units completed during February = 4,800
Number of units in the beginning = 700
Number of units at the end of the month = 400
The number of units transferred to the Finished Goods Inventory during February = ( Number of units completed during February ) + ( Number of units in the beginning ) - ( Number of units at the end of the month )
or
The number of units transferred = 4,800 + 700 - 400 = 5,100 units
Answer:
No.
Explanation:
Executory contracts are ones in which contract has not been fully executed and the performance is remaining according to agreement. Both parties are liable to complete their obligations as agreed in executory contract. In this case Record Company and Bummbusiness has entered into an agreement and has formed executory contract. Record company has filed Bankruptcy just after the store opening. The company cannot reject the purchase agreement as there are important obligations which need to be performed according to the contract.
