Tom has brought $150,000 from his pension to a new job where his employer will match

Wen Co. purchased a building for $200,000. Wen paid $20,000 in lawyer and title fees. Wen also paid an additional $15,000 to mod

Alexeev081 [22]

Answer:

$235,000

Explanation:

A company can capitalize the cost of assets, delivery cost, legal & documentation charge and any other directly attributable cost that is incurred to bring the asset in the condition as intended by management.

Therefore, cost of asset, title fee and building modification fee shall be added in the cost of asset as follows:

Cost of Asset 200,000

Lawyer and title fee 20,000

Building Accommodation 15,000

Total 235,000

4 0

4 years ago

What refers to a thorough analysis of the circulation procedures, outlets of distribution, readers, and other factors by compani

Elodia [21]

Answer:

circulation audit

Explanation:

A circulation audit is a term that describes a distinct form of audit which validates publisher's real printing and distribution, and at the same time, verifies publisher's books, records, and documents relating to circulation.

In other words, it is considered as a standardized, authoritative statement of a publication's printing, distribution, and readership.

Hence, CIRCULATION AUDIT refers to a thorough analysis of the circulation procedures, outlets of distribution, readers, and other factors by companies such as ABC

4 0

3 years ago

Cash $5,900 $7,000 Accounts receivable 61,400 51,500 Short-term debt investments (available-for-sale) 35,000 18,200 Inventory 40

shepuryov [24]

Answer:

Cash Flow Statements-Indirect Method

Explanation:

Amount in $

Cash Flows from Operating Activities

Net Income 22,400

Adjustments:

Income Tax Expense 5,600

Income Tax Paid (5,900-3900+5600) (7,600)

Accounts Received (51,500-61,400) 9,900

Short term Investment Made (18,200-35,000) (16,800)

Inventory (60,500-40,000) 20,500

Prepaid Rent (4,100-5000) (900)

Depreciation (25,100-35,200) 10,100

Accounts Payable (40,100-46,100) 6,000

Salaries (4000-8000) 4,000

Gain/Loss on Sale of Equipment (9,400-2,100) 7,300

Cash Generated from operations 60,500

Cash Flows from Investing Activities

Total Assets Purchased (297,300-310,800-19800) (32,500)

Proceeds from sale of equipment (12,200)

Cash Flows from Financing Activities

Dividend Paid ( 6,100)

Short Term Loans (10,000-8,100) (1,900)

Long Term Loans Paid (69,300-60,400) (8,900)

Net Decrease in Cash and Cash Equivalents (1,100)

Cash at Beginning 7,000

Cash at ending 5,900

3 0

4 years ago

Fuller Company makes frames. A customer wants to place a special order for 600 frames in green with the company logo painted on

joja [24]

Answer:

The qualitative factor which Fuller will consider for this order is:

b. Cost of setup labor.

Explanation:

Answer:

The qualitative factor which Fuller will consider for this order is:

b. Cost of setup labor.

B. Cost of setup Labor: It includes salaries that are been paid to all workers working as full time and part time

While the number of wages and the number of employees wage requirements vary by cost controls, their industries and the center on achievment of their best results with possible lower labour costs.

As any leader of the company knows the things related to it that, the most important and biggest cost of doing any sort of business is often labor. Cost of labor setup, which may account for as 70% of almost total business costs which include wages of the employees,their benefits, payroll and all other taxes related to them.

Any HR professionals spend only their 15% of time managing the labor costs. Engaging new employees, hiring new and efficient workers and developing them over their course of their career are always top of mind for HR professionals.

So, the most important point here is the cost labors setup.

8 0

3 years ago

People who invest in a corporation by purchasing stock are known as ______________.

Vilka [71]

Answer:

they are known as shareholders

7 0

3 years ago