Answer:
Amount deposited at the end of three year will be $4877.8245
Explanation:
We have given principal amount P = $10000
Rate of return = 5 % = 0.05
First take time t = 3 years
So the amount after 3 years
Let the amount of deposit after 3 years = x
So total amount of deposit = 11576.25 + x
Amount after 7 years = $20000
So 
Answer:
April,
- Sales is zero
- Net income is zero
- Net cash flow is an outflow of $100,000 (used in the purchase of raw materials)
May,
- Sales is $150,000
- Net income is $500,00
- Net cash flow is zero
And in June;
- Sales is zero
- Net income is zero
- Net cash flow is an inflow of $150,000 (amount received from customers)
Explanation:
In April, the company purchased raw materials (Sugar and Peppermint) for $100,000. The entries posted are debit to Inventories and Credit to Cash account (both amounting to $100,000 each).
As such in April,
- Sales is zero
- Net income is zero
- Net cash flow is an outflow of $100,000 (used in the purchase of raw materials)
It produces its candy and sells it to distributors in May for $150,000, but it does not receive payment until June.
When the sale is made in May, the entries required is Debit accounts receivables $150,000 and Credit Sales revenue $150,000. Also, Debit cost of goods sold $100,000 and Credit Inventories $100,000.
Net income is the difference between sales and cost of sales.
As such in May,
- Sales is $150,000
- Net income is $500,00
- Net cash flow is zero
For June,
Payment for goods sold in May were received, entries posted are debit to cash account and a credit to accounts receivables (both balance sheet accounts), hence;
- Sales is zero
- Net income is zero
- Net cash flow is an inflow of $150,000 (amount received from customers)
Answer:
A is the correct answer I think hope this helps
Answer:
a. units completed by a production department in the period.
Explanation:
An equivalent unit of production -
It is the amount of work which is done by the manufactures on the units of the output , which are completed over the specified time period .
It includes the fully completed units as well as the partially completed units .
These equivalent units are useful for the production cost report of the company .
Hence , the correct statement for equivalent unit of production is , ( a ) .
Answer: a. the narrow view, or invisible hand theory
Explanation:
When it comes to the narrow view theory of corporate social responsibility, companies put one thing above all else, the maximisation of shareholder wealth.
Any activity that would help them do so - legally - is considered fair game even if it leads to adverse effects. Corruptco is therefore adhering to this theory because they are polluting the the local river to maximize shareholder value.
