If you mean like anY kind of example of flame, a lighter flame is a good example.
Anything that uses gas to emit a flame
Answer:
The journal entry to record the contract on November 1, 2018 includes: credit to Accounts Receivable for $162000
Explanation:
Following the Accrual accounting - an accounting method that revenue or expenses are recorded when a transaction occurs rather than when payment is received or made. On November 1, 2018, Cullumber Farm had to pay $162,000 in advance to John Deere. John Deere recorded the cash receiving by the entry:
Debit Cash $162,000
Credit Accounts Receivable $162,000
The company did not record revenue because they did not sell the harvester. This was only the advance payment.
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Answer:
I would hire 4 workers
Explanation:
Marginal cost is $95 for each case
Now we cale to solve for marginal revenue
1st employee:
(21 - 0) x 6 = 126
2nd employee
(40 - 21) x 6 = 114
3rd employee
(59 - 40) x 6 = 114
4th employee
(75 - 59) x 6 = $96
5th employee
(85 - 75) x 6 = 60
As after the fourth employee the amount of additional duplicated is lower than the employee wages it will not hire more.
.Answer:
D) Cost of goods sold
Explanation:
<em>We determinate the cost of goods sold from the net sales from a given percentage of gross profit</em>
<u>for example:</u>
if net sales are 200 dollars
and gross profit margin is 30%
this means 30% is gross profit while 70% is COGS
200 x 70% = 140 dollars
The rest of the data is required to determinate the ending inventory
without the beginning inventory we cannot complete the inventory identity:
We need net sales to estimate COGS
and we need net pruchases which is also in the inventory identity.
