Answer: Cash is credited for, Equipment is debited for and Notes Payable is credited for.
Explanation:
Let's assume the business purchases equipment by paying $5000 in cash and then issued a note payable of $15000.
Then, the journal entry will be:
Debit Equipment $20000
Credit Cash ($20000 - $15000)=$5000
Credit Note payable $15000
Answer:
= $ 650,000.
Explanation:
<em>Gross profit </em><em>is the profit made after subtracting the cost of the goods were sold (cost of inputs) to generate the revenue.</em>
Gross profit = Revenue - cost of sales
Cost of sales = opening inventory + production cost - closing inventory
Cost of sales = 50,000 + 2,200,000 - 150,000
= $2,100,000.
Gross profit = $2,750,000 - $2,100,000.
= $ 650,000.
Do you agree that the employer usually has the upper hand when it comes to establishing the employment relationship?
Employer has control over creation of job, specifications of job, location of job, job retention and termination.
When might the employee have maximum power over the employer?
Employee has control, when a short supply of skill the employee possess the power.
Placed in reality, employee relations' (ER) is the term that defines the connection between employers and personnel. ER focuses both on individual and collective relationships in the place of business with an increasing emphasis on the connection among managers and their crew participants.
What is tremendous employment relationship?
The intention of nice worker family members is to create a culture in which body of workers and managers can be assertive in the context of a shared information and wonderful commitment to the enterprise approach and their rights and responsibilities.
Why is employment members of the family vital?
A fantastic employee members of the family climate and excessive ranges of worker engagement have the potential to bring higher enterprise outcomes as well as better fitness and well being for employees.
Learn more about employment relationship here:- brainly.com/question/20458778
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Answer:
$60.32
Explanation:
The intrinsic value of a company is the theoretical value of any company and is essentially the price that investors would want to pay given the level of risk associated with an investment in the company. Intrinsic value is calculated commonly from an investment appraisal standpoint whereby an investor may determine whether a stock is undervalued or overvalued or an investor may put a price on a stock that is not openly traded. There are multiple approaches towards calculating intrinsic value. The most comprehensive approaches are the ones that solely focus on "company centric" factors such as sales levels, cash flows, costs, discount rates and so on and so forth. This is commonly known as the discounted cash flow model in which you calculate the present value of all future cash flows of the company. Since this model is complicated to use, there are other approaches to calculate sort of a "back of the hand" intrinsic value. An example of such an approach is the relative/comparative valuation approach in which you calculate the price an investor would be willing to pay using examples of other similar instruments that an investor has made and assuming that a similar price would be paid for this investment as well.
The question at hand refers to a method known as the comparable company analysis in which an industry ratio is used to derive the price of Becker Products. So, the Price to Book value for the industry is given as 3.15 for the industry. Using comparative analysis we will assume that this ratio is the same for Becker (since it operates in the same industry and this is the industry average so the actual ratio should be close to the average). Formula for calculating PB is PB = Price per Share/Book Value per share. We have PB as 3.15 and Book Value per Share as 19.15. Re-arranging the formula becomes, Price per Share = PB x Book Value per Share = 3.15 x 19.15 = $60.32.
So we can estimate that, <em>relative </em>to the industry, the equity per share can be estimated as $60.32 per share which is the price investors would be willing to pay for the level of risk in the company.
Again, this is simply an <em>estimation</em> of the intrinsic value. Not the actual intrinsic value since the factors involved are external and industry specific. Discounted cash flows methods are better adopted to calculate the intrinsic value.