Answer:
Interest revenue = $7800*8%/360*60
Interest revenue = $104
Date Journal Entry Debit Credit
Cash $7,904
Notes Receivable $7,800
Interest Revenue $104
Answer: Increased profit as opposed to making them internally.
Explanation:
Make or buy decisions are management decisions as to whether production components should be produced internally or outsourced.
Buy decision
Unit price= $34
Total unites= 19900
Total cost= $34*19900=$676,600
Make decision
$
Direct materials 178,000
Direct Labor. 380,000
Variable overhead. 104,000
Relevant fixed overhead 260,000
Total $922,000
Unit price for make=922000/19900
Unit price=$46.33
Since buying outside is more cheaper than producing internally, it will be more profitable to outsource(buy).
Answer
Net income 177,200
+35230 depreciation
+4,920 loss on disposal
217,350 adjusted net income (a)
↑↓
↑AR -14,160
↑Prepaid -4,190
↑AP 17,220
Change in working Capital -1,130(b)
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<u>Cash Flow generated from operating activities 216,220</u>
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Explanation:
(a) we must remove the non-monetary account from the income statement
This means add the non-monetary expenses and losses
Subtract the non monetary revenue and gains
(b)
The increase in assets account have a negative meaning, because it is assumed the company used cash to adquire it.
Whiel increase in liabilities are positive, because the company receive aah or delay the payment of cash.
The process of approving the Constitution is best described as Difficult
<h3>Further explanation
</h3>
A constitution is fundamental principles set according to the nation or a state or an organization is acknowledged to be governed. Ratification is the process of approving the constitution
. It is a principal's approval of an act of its agent that lacked the authority to bind the principal legally and it is where the constitution of a state is taken over the legislature for consideration through specially elected state conventions of the people
The process of ratification initiated by the congress It was happened by putting the constitution to the state legislatures for consideration through the use of the specially elected for the state of convection of the people. The process is involved a five-state convection, which voted to approve the constitution immediately.
The process of approving the constitution is best described as difficult because the ones who came up with the constitution realizes that only in exceptional circumstances should it need to be amended. The constitution is best described as difficult because it will only open the doors for more repression by government
<h3>Learn more</h3>
- Learn more about ratification brainly.com/question/3281819
<h3>Answer details</h3>
Grade: 9
Subject:
Chapter: ratification
Keywords: ratification
Answer:
Chandra should request her attorney to file a motion for summary judgement because both parties have past the pleading stage of litigation and they both have also completed discovery. Since enough evidence was gathered during discovery, then Chandra is entitled to judgement.
