Answer:
This has no effect on the period-end balance sheet.
Explanation:
A statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.
According to the question asked the balanced sheet was prepared before the pay period came so this effect will not affect the balance sheet.
Answer:
THAT A SENTENCE NOT A QUESTION
Explanation:
Answer:
APR would be 3.9607805% compounded semiannually
APR would be 3.9284877% compounded monthly
Explanation:
We calcualte consider these rates should be inancially equivalent to an equivalent rate of 4% annually.
<u>The semiannual compounding will capitalize two times:</u>
<u>The monthly will capitalize 12 times per year:</u>
![(1+APR/12)^12 = 1+EAR\\(\sqrt[12]{1.04} -1) \times 12 = 0.039284877](https://tex.z-dn.net/?f=%281%2BAPR%2F12%29%5E12%20%3D%201%2BEAR%5C%5C%28%5Csqrt%5B12%5D%7B1.04%7D%20-1%29%20%5Ctimes%2012%20%3D%200.039284877)
Answer:
The Puyer Corporation
The total budgeted fixed selling and administrative expenses for February is:
$174,800
Explanation:
a) Data and Calculations:
Advertising $ 51,200
Executive salaries $ 61,200
Depreciation on office equipment $ 21,200
Other $ 41,200
Total fixed selling & admin. exp. $174,800
b) The Puyer Corporation's fixed selling and administrative expenses are always fixed in total but not per unit of Deb within the short-term because they do not depend on Deb's volume of production or sale. They are unlike the variable aspect of expenses that are fixed per unit of Deb but vary in total. Those expenses which do not vary with the level or volume of sales or production activity of Deb are regarded as fixed because the level or volume of sales or production activity of Deb does not change their totals. But, in the long-term, Puyer's fixed expenses will vary in total as well as per unit of Deb produced or sold.
