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3 years ago

100 points

Business

2 answers:

Pachacha [2.7K]3 years ago

8 0

Answer:

Good luck next year. Before i go i want to give a huge thank u to, brainly, quizlet, mathaway and more because without u all i wouldn't be able to pass. THANK U!!!

SVEN [57.7K]3 years ago

6 0

You have bouncy balls? Lol

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Stanley-Morgan Industries adopted a defined benefit pension plan on April 12, 2021. The provisions of the plan were not made ret

matrenka [14]

Answer:

Details Dec. 31, 2021 Dec. 31, 2022

1. Projected benefit obligation $250 $645

2. Plan assets $260 $556

3. Pension expense $250 $369

4. Net pension asset or net pension liability $10* $89**

Where:

* implies asset

*** implies liability

Note: The figure above are in thousands buy entered as required in the question (Enter your answers in thousands (i.e., 200,000 should be entered as 200).)

Explanation:

Note: See the attached excel file for the calculations Projected benefit obligation, Plan assets, Pension expense, and Net pension asset or net pension liability for December 31, 2021 and December 31, 2022 respectively.

Download xlsx

7 0

3 years ago

Based on the following information, calculate the cost of goods sold and ending inventory using FIFO, LIFO, and weighted average

Flauer [41]

Answer:

Cost of Sales :

FIFO = $ 6,030

LIFO = $6,840

Weighted Average = $6,354.60

Ending Inventory :

FIFO = $4,176

LIFO = $3,150

Weighted Average = $3,636.60

Explanation:

FIFO

This method assumes that the first inventory purchased will be the first to be sold

Cost of Goods Sold :

90 units × $11 = $990

150 units × $15 = $2,250

30 units × $18 = $540

Total = $ 6,030

Ending Inventory :

232 units × $18 = $4,176

LIFO

This method assumes that the last inventory purchased, will be the last to be sold

Cost of Sales :

240 units × $15 = $3,600

180 units × $18 = $3,240

Total = $6,840

Ending Inventory :

90 units × $11 = $ 990

60 units × $15 = $ 900

70 units × $18 = $ 1,260

Total = $3,150

Weighted Average

A new average cost per unit is calculated with every purchase made.

New Average Cost = (90 units × $11 + 300 units × $15) ÷ 390 units

= $14.08

Cost of Sale , April 4 = 240 units × $14.08

= $3,379.20

New Average Cost = (150 units × $14.08 + 250 units × $18.00) ÷ 400 units

= $16.53

Cost of Sale, Aug 16 = 180 units × $16.53

= $2,975.40

Total Cost of Sales = $3,379.20 + $2,975.40

= $6,354.60

Ending Inventory = 220 units × $16.53

= $3,636.60

8 0

3 years ago

Ted is the owner and chief executive officer of a business. He recently began an advertising campaign to promote a new product t

irga5000 [103]

Answer:

Option B- He acted in good faith.

Explanation:

The person who is trading with the other party owes the duty of care which is well stated in the negligence act. However in this case we saw that though the law was unclear but still the CEO acted in best interest of the public at large by consulting the attorney to shed light on the issue. Remember law is ethically minimum that is desired but in this situation the CEO was committed to comply with law that's why he consulted attorney. So saying that he acted in good faith is the best defense in the court.

3 0

3 years ago

The last time she went to the dentist, Laura did not feel she had received good enough service for her money. ______ would say t

vfiekz [6]

Answer: d. Equity theory

Explanation:

EQUITY THEORY was first developed in 1963 by John Stacey Adams who was a workplace and behavioral psychologist.

It was first developed to explain that employees seek to have EQUITY between what they put into a job and what they get out i.e, whether they are being fairly compensated.

Broadly speaking however, it can also apply to this situation as it attempts to explain satisfaction in terms of PERCEIVED FAIRNESS. In other words, people are more satisfied in terms of transactions if they feel as though they got a FAIR and EQUITABLE result for the transaction.

4 0

3 years ago

Wally works for a puppy puppy dog treat company he finds that they are losing sales to a company that sells cheap or treats he t

Katarina [22]

Answer: Promotion

Explanation:

Hi, the 4 P's of marketing are: Product, price, promotion, and place.

In this case, a sale is a promotion.

A Sales promotion has the objective of persuading a potential customer to buy the product. Is a short-term tactic to boost sales.

Feel free to ask for more if needed or if you did not understand something.

3 0

4 years ago