1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alukav5142 [94]
2 years ago
7

Listed below are year-end account balances ($ in millions) taken from the records of Poe Dameron's Pilot School. Debit Credit Ac

counts receivable 668 Building and equipment 922 Cash 40 Interest receivable 38 Inventory 19 Land 153 Notes receivable (long-term) 475 Prepaid rent 36 Supplies 11 Trademark 46 Accounts payable 615 Accumulated depreciation 74 Additional paid-in capital 481 Dividends payable 30 Common stock (at par) 13 Income tax payable 49 Notes payable (long-term) 811 Retained earnings 313 Deferred revenue 22 TOTALS 2,408 2,408 What would Poe Dameron's Pilot School report as total assets
Business
1 answer:
Ganezh [65]2 years ago
5 0

Answer:

$812

Explanation:

Current assets:

Details                           Amount

Account receivable        $668

Cash                                $40

Interest Receivable        $38

Inventory                         $19  

Prepaid rent                    $36

Supplies                          <u>$11  </u>

Total Assets                   <u>$812</u>

You might be interested in
If the sales volume decreases by 25%, the variable cost per unit increases by 15%, and all other factors remain the same, net op
9966 [12]

Answer: decrease by $31,875

Explanation:

Net Operating income;

= Sales - variable cost - fixed cost

= (70 * 3,000) - ( 50 * 3,000) - 25,000

= $35,000

Sales volume decreases by 25%;

= 3,000 * ( 1 - 25%)

= 2,250 units

Variable cost per unit increases by 15%;

= 50 * ( 1 + 15%)

= $57.50

New Net Operating income;

= (70 * 2,250) - (57.50 * 2,250) - 25,000

= $3,125

Net Operating income change;

=  3,125 - 35,000

= -$31,875

Decrease by $31,875

6 0
2 years ago
n the United States, many agricultural products (such as corn, wheat, and rice) are subsidized. What are the benefits of subsidi
schepotkina [342]

Answer:

lower prices for consumers and higher prices for producers 

Explanation:

the options to this question wasn't provided . Here are the options:

higher prices for consumers and producers lower prices for consumers and producers higher prices for consumers and lower prices for producers

lower prices for consumers and higher prices for producers 

A subsidy is when the government pays an individual or a firm directly or indirectly. It could be in the form of direct cash payment, tax breaks or grants. Subsidies are usually given to encourage the production of goods and services.

Subsidy on agricultural goods reduces the price paid for agricultural goods and increases supply of goods. It would increase the price earned by producers.

I hope my answer helps you

7 0
3 years ago
Marginal utility is the​ ________ satisfaction gained by consuming​ ________ of a good.
Tamiku [17]

Marginal utility is the extra satisfaction gained from consuming one more unit of a good.

3 0
3 years ago
In a continuous review system, the inventory level for an item is constantly monitored, and when the reorder point is reached, a
Tasya [4]
<span>One variable is demand, which states that the inventory item of interest has a constant demand per period.

Demand is the insistent request of an item. When demand changes of a good or service, it changes the companies revenue because when the item is in high demand, they often sell a lot.  On the other hand, when an item is in low demand, they do not sell very much. </span>
6 0
3 years ago
Lossing Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overh
aalyn [17]

Answer:

$1,287  unfavorable

Explanation:

According to the scenario, computation of the given data are as follow:-

But before that we need to calculate the following things

Total Budgeted Fixed Cost

= Supervision Fixed Cost + Utilities Fixed Cost + Factory Depreciation Fixed Cost

= $15,510 + $14,800 + $59,780

= $90,090

Budgeted Fixed Manufacturing Overhead Rate

= Total Budgeted Fixed Cost  ÷ Original Budgeted Machine Hours

= $90,090 ÷ 7,700 hours

= $11.7

Based on the above calculation, the overall fixed manufacturing overhead volume variance is

= Budgeted Fixed Manufacturing Overhead Rate × (Original Budgeted Machine Hours - Actual Output of Month Totaled)

= $11.7 × (7,700 hours - 7,590 hours)

= $11.7 × 110

= $1,287  unfavorable

According to the analysis, the overall fixed manufacturing overhead volume variance for the month is $1,287

8 0
3 years ago
Other questions:
  • Which of the following best summarizes the critical skills in real estate brokerage?A. Communications, market knowledge, mathema
    15·1 answer
  • Social security numbers, financial account numbers, credit card numbers, and date of birth are examples of
    8·1 answer
  • Sketches Inc. purchased a machine on January 1, 2016. The cost of the machine was $29,000. Its estimated residual value was $9,0
    6·1 answer
  • As a financial planner, you offer unbiased advice to your clients. Which principle of ethics are you complying with?
    13·2 answers
  • Suppose that Paolo, an economist from an AM talk radio program, and Sharon, an economist from a public television program, are a
    6·1 answer
  • If the interest rate is 8%, what is the 4-year discount factor? What is the 4-year annuity factor? What is the relationship betw
    5·1 answer
  • Consumers sell goods or services for a profit.<br> O True<br> o flase
    13·2 answers
  • which result is a positive aspect of globalization a.intense competition b. decreased profit margins c. increased cooperation co
    11·1 answer
  • A policy that changes the natural rate of unemployment changes: a. neither the long-run Phillips curve nor the long-run aggregat
    6·1 answer
  • the involvement of accounting professionals and management in accounting scandals resulted in congress passing the sarbanes-oxle
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!