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3 years ago

Which of the following are degrees of conflict:

Business

2 answers:

Rasek [7]3 years ago

5 0

Answer:

Answer is Mild difference.

Explanation:

I hope it's helpful!

sineoko [7]3 years ago

3 0

Your answer is going to be mild difference

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What is journal entry is goods return to sanjay

liq [111]

Two Types of Goods Return:

Purchases Return or Return outward.
Sales Return or Return inward.
Purchases Return Goods

For Examples :

Purchases goods from Mrs. Kuheli Rs. 2000

5 0

3 years ago

HD had reported a deferred tax asset of $130 million with no valuation allowance. At December 31, 2021, the account balances of

oksano4ka [1.4K]

Answer:

$101 million income tax expense

Explanation:

The income tax of HD can be computed by beginning with income tax payable less the increase in deferred tax asset in the year and finally by deducting the portion of current deferred tax asset that cannot be realized as shown below:

Current income tax payable $90 million

increase in deferred tax asset($170-$130) ($40 million)

unrealized deferred tax asset ($170*30%) $51 million

income tax expense in income statement $101 million

The HD income tax expense in income statement in 2021 is $101 million as computed due to the fact that prior payment in tax ha been paid in the year

7 0

3 years ago

The following is cost information for the Creamy Crisp Donut Company.Entrepreneur's potential earnings as a salaried worker = $5

jarptica [38.1K]

Answer:

Creamy Crisp's total revenues exceed its total costs, including a normal profit, by $366,000

Explanation:

Creamy Crisp's total revenue exceeds its total cost, including a normal profit by =

When answering this we use all the actual costs and revenue and all the hypothetical figures, or the opportunity costs and revenue as we need to calculate total revenue exceeding costs and normal profits.

Total revenue actual + potential = Entrepreneur's potential earnings as a salaried worker $50,000 + Annual revenue from operations $380,000 + Value of entrepreneur's talent in the next best entrepreneurial activity $80,000 + Entrepreneur's forgone interest on personal funds used to finance the business $6,000

= $516,000

Total costs = Payments to workers $120,000 + Utilities (electricity, water, disposal) costs $8,000 + Annual lease on building = $22,000

= $150,000

Creamy Crisp's total revenues exceed its total costs including a normal profit by $516,000 - $150,000 = $366,000

Since normal profit is included and not excluded normal profit shall not be computed separately and the final answer is $366,000

4 0

3 years ago

Navajo Corporation traded a used truck (cost $25,000, accumulated depreciation $22,500) for a small computer worth $4,125. Navaj

bulgar [2K]

Answer:

Calculation of Gain or Loss:

Book Value of Truck:

= 25,000 - 22,500

= $2,500

Gain on Exchange:

= 4,125 - 2,500 - 625

= $1,000

Therefore, the journal entry is as follows:

Accumulated Depreciation A/c Dr. $22,500

computer A/c Dr. $3,125

To Truck $25,000

To Cash $625

(To record the Truck)

6 0

3 years ago

Klean Fiber Company is the creator of Y-Go, a technology that weaves silver into its fabrics to kill bacteria and odor on clothi

natulia [17]

Answer:

Klean Fiber Company

Incremental Analysis for the Special order of 250,500 units of Y-Go undergarments:

Direct materials $2.04 $511,020

Direct labor 0.40 100,200

Variable manufacturing overhead 1.04 260,520

Fixed manufacturing overhead 1.02 255,510

Total costs $4.50 $1,127,250

Fixed manufacturing overhead 1.02 255,510

Incremental costs $3.48 $871,740

Explanation:

a) Data:

Full Capacity = 1,031,000

The per unit and the total costs at full capacity for Y-Go:

Per Undergarment Total

Direct materials $2.04 $2,103,240

Direct labor 0.40 412,400

Variable manufacturing overhead 1.04 1,072,240

Fixed manufacturing overhead 1.44 1,484,640

Variable selling expenses 0.34 350,540

Totals $5.26 $5,423,060

b: In her decision to accept or reject the special order for 250,500 units of Y-Go undergarments by the U.S. Army, the Klean Fiber Company will only consider the relevant incremental unit cost of $3.48 and not the whole unit cost of $5.26. The $3.48 cost excludes the fixed overheads or the selling and administrative expenses.

8 0

3 years ago