The service that serves as middleman which gives room for individuals to transact by sending or receiving money is regarded as P2P.
- Peer-to-peer can be regarded as a networking system which helps in partitions tasks or workloads among peers.
- It helps for easy transaction whereby two or more people are involved in series of business.
- In peer-to-peer (P2P) can as well be explained as group of computers which are linked together for processing of data.
Therefore, P2P helps to connect two or more people together for easy transaction.
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Answer and Explanation:
The computation of the equivalent units for direct material and conversion cost is shown below:
Physical units Direct Materials Conversion Cost
Beginning
Work in process
100% and 50% 250
Units Started 800
Total Units
Under process 1,050
Less : Ending
Work in process 150
Units Transferred
to TestingDepartment 900 900 900
Ending Work in process 150 150 112.50
(100% and 75%)
Equivalent units ofproduction 1,050 1,050 1,012.50
Answer:
Equipment account increases , and cash decreases with same amount
Explanation:
In the case of acquisition of a new equipment , the equipment account is debited (increase) while the cash account is credit with the same amount of money used for the purchase .
Purchase of an equipment is a balance sheet item , which means it is recorded in the balance sheet and not the income statement as it is not an expense.
The asset register must also be updated with the value of the newly acquired item
Answer:
Yardstick reports <u>examine problems with two or more solutions against set criteria</u>.
Explanation:
A yardstick report is used in <u>situations where a problem has multiple solutions.</u>
<em>It involves defining the criteria for choosing a solution, explaining each solution and then recommending the one that best solves the problem at hand.</em>
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Answer:
d. $5,475,000
Explanation:
For computing the total investor-provided operating capital, first we have to compute the total assets and total current liabilities which is shown below:
Total assets = Current assets + net fixed assets
= $1,875,000 + $4,225,000
= $6,100,000
Now the total current liabilities = Accounts payable + short term notes payable + accrued wages and taxes
= $475,000 + $375,000 + $150,000
= $1,000,000
Now the long term liabilities would be
= $6,100,000 - 1,000,000
= $5,100,000
So, the total investor-provided operating capital would be
= Long term liabilities + short term notes payable
= $5,100,000 + $375,000
= $5,475,000