Answer:
$3,511
Explanation:
The given data:
Current year: operating at 98 percent with sales $28,400
Forecast of next year: sales = $35,000
the firm currently has fixed assets of $16,900 and total assets of $24,600
Current maximum capacity = $28,400 / .98 = $28,979.59
Required addition to fixed assets = [($16,900 / $28,979.59) × $35,000] – $16,900 = $3,511
Answer:
a. Inventory records
Explanation:
Inventory records -
It refer to the record or information of all the transactions, in a manual or computer based record, is referred to as an inventory records.
It is also known as stock record.
These records have complete information and data of all the transactions in each of the inventory item.
A very accurate and timely record is maintained which may be helpful for any future references.
Hence, from the given question,
The correct answer is inventory records.
Answer:
Issuance:
Cash 41,397.56 debit
Discount on BP 8,602.44 debit
Bonds Payable 50,000 credit
TRUE. At maturity the Bonds payable account will be debited to indicate the bonds were payed.
Explanation:
C 2,250.000
time 20
rate 0.06
PV $25,807.3227
Maturity 50,000.00
time 20.00
rate 0.06
PV 15,590.24
PV c $ 25,807.3227
PV m <u>$ 15,590.2363 </u>
Total $ 41,397.5591
Answer:
The answer is below
Explanation:
Considering the available options, here are the attributes that characterize a competitive market, and a monopolistically competitive market.
A competitive market is characterized by Identical products and Price = MR, while Monopolistic competition is characterized by product differentiation and few sellers.
Hence, it can be written as:
Competitive markets
Product differentiation. No
Identical products Yes
Price=MR Yes
Few sellers No
Monopolistic competition
Product differentiation. Yes
Identical products No
Price=MR No
Few sellers Yes
