All categories

3 years ago

Sandel Company makes 2 products, footballs and baseballs. Additional information follows:

Business

1 answer:

Setler79 [48]3 years ago

8 0

Answer:

njczizistsitstisiet8wurw84wrissifstieifstis8tdodttie95sitsidtisitshxfisyo

You might be interested in

What is joint tenancy?

NeTakaya

Answer:

Explanation:

Joint tenancy is a lawful course of action in which at least two individuals possess a property together, each with equivalent rights and commitments. When one of the proprietors in a joint tenure dies, that proprietor's interest in the property goes to the survivors without the property experiencing the courts.

3 0

3 years ago

Formula for average inventory

morpeh [17]

The average of inventory is the average amount of inventory available in stock for a specific period.

To calculate the average of inventory, take the current period inventory balance and add it to the prior period inventory balance. Divide the total by two to get the average inventory amount.

6 0

3 years ago

On January 1, 2020, NoDice Corporation issues $540,000, 5-year, 12% bonds for $529,000. Interest is paid semiannually on January

Svet_ta [14]

Answer:

Dr Interest expense $33,500

Cr Discount on bonds payable $1,100

Cr Cash $32,400

Explanation:

Discount on bonds payable=$540,000-$529,000=$11,000

Amortization of discount=discount on bonds issue/period of the bond

period to maturity of the bond is 5 years *2 =10 since the bond pays interest semi-annually

Amortization =$11,000/10=$1,100

Semi-annual interest=$540,000*12%/2=$32,400

the bond semi-annual interest expense=discount amortization+interest payment

the bond semi-annual interest expense=$32,400+$1,100=$33,500

5 0

3 years ago

The Equal Employment Opportunity Act gave the Equal Employment Opportunity Commission the authority to:

erastovalidia [21]

Answer:

issue guidelines for employer conduct in administering equal employment opportunity programs.

Explanation:

This act known as the The Equal Employment Opportunity Act was enacted to check discrimination and unfair treatment against minorities such as African Americans. This act has given the right to sue whenever any form of discrimination based on race, skin color, religious affiliation is found in the work place.

Therefore the correct answer is issue guidelines for employer conduct in administering equal employment opportunity programs.

7 0

3 years ago

Horner Construction Co. uses the percentage-of-completion method. In 2014, Horner began work on a contract for $16,500,000; it w

Leno4ka [110]

Answer:

2014 = zero

2015 = $6,450

Explanation:

2014

Under the completed-contract method of accounting, revenue, expenses, and gross profit is deferred until the completion of the contract. If at the end of the business fiscal year of a company work on a contract remains incomplete, no revenue, expenses, and profit on that contract is recognized in the current year on the income statement; all costs and billings are accumulated in respective balance sheet accounts.

2015

This year, the construction is completed so Horner Construction Co. will now recognize its Revenue and gross profit in relation to the project.

Contract price $16,500,000

Less: constructions costs <u>10,050,000</u>

Gross profit $6,450,000

* construction cost = ($5,850,000 + $4,200,000)

8 0

2 years ago