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AysviL [449]
3 years ago
15

Darren runs a barbershop with fixed costs equal to $40 per day and a total output of 10 haircuts per day. What is his weekly tot

al fixed cost if he is open 6 days per week
Business
1 answer:
mixer [17]3 years ago
7 0

Answer:

$240

Explanation:

Darren runs Barber shop

His fixed costs daily is $40

The toal output per day is 10 haircuts

He is open 6 days in the week

Therefore weekly total fixed costs can be calculated as follows

= 40×6

= 240

Hence the weekly fixed cost is $240

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When recording depreciation, which of the following statements is true?
professor190 [17]

Answer:

D. None of the above are true.

Explanation:

As while recording depreciation, the total assets is decreased and the stockholder equity is also decreased as depreciation is a contra asset account

In the side of stockholder equity, the net income, the retained earning and the stockholder equity is decreased

whereas, the total asset is decreased as the amount of asset is reduced by deducting the accumulated depreciation amount

The journal entry is shown below for better understanding

Depreciation Expense A/c XXXXX

To Accumulated Depreciation XXXXX

(Being depreciation expense is recorded)

5 0
3 years ago
William is interested in exercising more, but does not feel he has the time. Write a short response explaining how he can find t
solong [7]
Exercising doesn't mean you have to spend hours in the gym. Exercises can be done at the comforts of your home too, and there's plenty of exercise available, especially for those who have less time to do so. Just like for example, waiting time. While you are waiting for your clothes in the washing machine to finish, you may use this time to do some basic exercises such as running in place, jumping jacks or carrying weights. 
4 0
3 years ago
The shareholders of Flannery Company have voted in favor of a buyout offer from Stultz Corporation. Information about each firm
Nonamiya [84]

Answer:

The answer is "$4.311".

Explanation:

Calculating the EPS after the merger:

\text{Stultz Corp Post Merger Earnings} = 220,000 + 1,000,000 \\\\

                                                      = \$1,220,000

\to \text{Number of Shares Post Merger:} \\\\=\frac{99,000}{3} + 250,000\\\\ = 283,000\\\\\text{EPS Post Merger} =\frac{\text{Stultz Corp Post Merger Earnings}}{\text{Number of Shares Post Merger}} \\\\

                            = \frac{1,220,000}{283,000} \\\\= \$4.311

7 0
2 years ago
Lawrence Company has cash in bank of $22,000, restricted cash in a separate account of $4,000, and a bank overdraft in an accoun
andre [41]

Answer:

$22,000

Explanation:

It is worth noting that for accounting purposes, restricted cash is one that is not readily available. Such inaccessible funds, therefore, cannot be reported in financial statements. A bank overdraft, on the other hand, is a liability. Lawrence should therefore report cash worth $ 22,000 only.

3 0
3 years ago
As accenture explores an end-to-end business flow that has reconciliation between multiple parties, what would we uncover?.
vlabodo [156]

As Accenture explores an end-to-end business flow that has reconciliation between multiple parties system, we would be able to uncover shared state.

Any variable, object, or memory area that resides in a shared scope is referred to as a shared states. Accenture Blockchain and Multiparty Systems  specializes in supply chain, digital identity and financial services.  

Multiparty  systems creates a shared data infrastructure between an individual and an organization that drives efficiency and creates a new business and revenue models. they include blockchain, distributed ledger, distributed database, tokenization and a variety of other technologies and capabilities.

To learn more about Accenture here

brainly.com/question/28169672

#SPJ4

6 0
2 years ago
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