Answer:
The correct answer to the following question will be Option 3 (General ledger).
Explanation:
- General Ledger is the full accounting of all the financial activities of the company across its lifespan. It contains all the documents which are preparing the reports of finance, including income, assets, investments, income, and expenditures.
- It's an official paper that offers a comprehensive overview of the business transactions of the company.
- An invoice, or general ledger key, is a number that is used to document business transactions in the ledger.
Therefore, Option 3 is the right answer.
Answer:
The answer is: The ending balance in Finished Goods Inventory is $1,200
Explanation:
First we have to calculate the cost per chair produced, to do this we will find the total cost and divide by the number of chairs produced:
Units produced 100 chairs
- Direct materials $10 per unit x 100 = $1,000
- Direct labor 15 per unit x 100 = $1,500
- Variable manufacturing overhead 3 per unit x 100 = $300
- Total fixed manufacturing overhead $2,000
Total costs are $4,800 / 100 chairs = $48 per chair produced
There are 25 chairs left in finished goods inventory (FGI) = 100 - 75 = 25
The ending balance in FGI is = 25 chairs x $48 per chair = $1,200
Answer:
c. skimming pricing
Explanation:
Based on the information provided within the question it can be said that in this scenario Xerox was using a skimming pricing strategy to help recover the cost of its research and development. This is a pricing strategy in which the company places a really high initial price for it's new product, but then goes lowering the price as time passes. This also makes individuals believe that they are getting a bargain when prices begin to drop and decide to buy more.
Answer:
Merger premium per share is equal to $2
Explanation:
Step 1. Given information.
- 1500 shares outstanding
- market price of 22
- Blackstone has 2.500 shares
- Outstanding price 38
- Blackstone acquire Rudy's for $36.000
Step 2. Formulas needed to solve the exercise.
Merger premium per share = (Blackstone acquire Rudy's /shares outstanding) - market price
Step 3. Calculation.
Merger premium per share = ($36,000/1,500) - $22 = $2
Step 4. Solution.
Merger premium per share is equal to $2
A licensee who assists one or more parties through a transaction without being an agent for any party to the transaction is a <u>Statutory broker.</u>
<h3>What is a Statutory broker?</h3><h3 />
A statutory broker refers to a broker or a salesperson that is able to assist the parties in a transaction even though they are not an agent for either of the parties in the transaction.
Statutory brokers have regulations that they must follow however and in certain states, they need to be residents of a state.
Find out more on brokers at brainly.com/question/17085854
#SPJ1
