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ollegr [7]
3 years ago
8

What are Apple’s dollar amounts for assets, liabilities, and equity at September 29, 2018? Confirm that the accounting equation

holds in this case. Assets = Liabilities + Equity Answer Answer Answer Round to one decimal place (i.e. 34.5%) What percent of Apple’s assets is financed from creditor financing sources?
Business
1 answer:
gavmur [86]3 years ago
3 0

Answer:

70.7%

Explanation:

Note: The full question is attached as picture below

Percent of Apple's assets is financed from creditor financing sources = Liabilities / Assets

Percent of Apple's assets is financed from creditor financing sources = $258,578 / $365,725

Percent of Apple's assets is financed from creditor financing sources = 0.70702851

Percent of Apple's assets is financed from creditor financing sources = 70.7%

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A piece of property bought by XYZ Corporation a few years ago was sold for $5 M. The cost basis for this property was $2.75 M. T
Tanzania [10]

Answer:

True

Explanation:

Data given in the question

Sale value of the property = $5,000,000

Cost basis of property = $2,750,000

And, the taxable income is $12,150,000

So, based on the above information, the capital gain on the property is

= (Sale value of the property - Cost basis of property) × capital gain tax rate

= ($5,000,000 - $2,750,000) × 15%

= $337,500

We assume the capital gain tax rate is 15%

Hence, the given statement is true

8 0
2 years ago
Which of the following statements is true about work hour
Fittoniya [83]
I think A if not than B I’m sorry if I’m incorrect
6 0
2 years ago
Determine the missing amounts. Unit Selling Price Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio 1. $900
Pie

Answer:

(a) = $468

(b) = 52%

(c) = $144

(d) = 28%

(e) = $1150

(f) = $920

Explanation:

    selling price   variable cost    contribution   margin contribution ratio

1.     $900             $432                  (a) $                          (b)%

2.    $200            $ (c)                     $56                            (d)%

3.  $ (e)               $(f)                       $230                          20%

contribution = selling price - variable costs

Margin contribution ratio = contribution / sales

Variable cost = selling price - contribution

Selling price = contribution / margin contribution ratio

5 0
3 years ago
The following labor standards have been established for a particular product:
swat32

Answer:

$2,430F

Explanation:

The formulae for labor rate variance is given as (Actual rate - Standard rate) × Actual hours worked.

Labor rate variance = (Actual rate - Standard rate) × Actual hours worked

Given that;

Actual rate = Actual total labor cost ÷ Actual hours worked

= $119,880 ÷ 8,100

= $14.8 per hour

Standard rate = $15.10 per hour

Actual hours worked = 8,100

Labor rate variance = ($14.8 - $15.10) × 8,100

Labor rate variance $2,430F

8 0
2 years ago
Which of the following in not an example for safeguarding inventory? Group of answer choices Matching receiving documents, purch
Tomtit [17]

Answer:

returning inventory that is defective or broken

Explanation:

Inventory reffered to as set of finished goods/ products as well as other goods that are used in production. It is regarded as current asset on the balance sheet of a company. Inventory safeguarding is very essential in a company to keep them safe, there are some ways in which this can be done.

With the aid of technology such as security cameras which can record any form of theft, door alarms and others can protect inventory from both external/internal threats. Some of thers common examples for safeguarding inventory are;

✓storing inventory in restricted areas

✓physical devices such as two-way mirrors, cameras, and alarms

✓matching receiving documents, purhcase orders, and vendor's invoice

3 0
2 years ago
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