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3 years ago

Feeling "He who does the work of the King ought to be King," Pope Zacharias helped whom become King of the Franks in 751?

Business

1 answer:

Gnom [1K]3 years ago

3 0

Answer:

Explanation:

In 741AD, Pepin took over from his father as Mayor of the Palace. He ruled alongside his elder brother.

In 743AD, Pepin and his brother chose Childeric to be the <em>apparent</em> King of the Franks. Both brothers still wielded the functional power to the throne. Childeric was just to 'appear to be' the King (unknown to him though).

In 747AD, Pepin's brother stepped down (intentionally and on his own accord). Pepin then became the only ruler of the entire Frankish territory.

In 751AD, Pepin, without full support from his clan, lured Childeric into monastery in order to remove him as the 'face of Francia'.

Pope Zacharias helped Pepin to be proclaimed King of the Franks, against all opposition.

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Statement of Cost of Goods Manufactured for a Manufacturing Company

tankabanditka [31]

Answer:

Johnstone Manufacturing Company

Statement of Cost of Goods Manufactured

Raw Materials $298,040

Direct labor $319,050

Factory overhead incurred :

Indirect labor $34,030

Machinery depreciation $20,560

Heat, light, and power $7,090

Supplies $5,670

Property taxes $4,960

Miscellaneous costs $9,220

Add Opening Work in process Inventory $116,990

Less Closing Work in process Inventory (105,290)

Cost of Goods Manufactured $710,320

Explanation:

Cost of Goods Manufactured Statement, is a summary of costs incurred to manufacture products.

<em>Calculation of Raw Materials used in Production.</em>

Raw Materials T - Account

Debit :

Opening Balance $177,250

Purchases $340,320

Totals $457,570

Credit :

Closing Balance $159,530

Work In Process (Balancing figure) $298,040

Totals $457,570

6 0

4 years ago

Wims, Inc., has sales of $15.2 million, total assets of $9.8 million, and total debt of $3.7 million. The profit margin is 6 per

lianna [129]

Answer:

A) 912,000 net income

B) ROA = 9.31%

C) ROE = 14.95%

Explanation:

a) net income:

$\frac{income}{sales} =$profit margin$

sales x profit margin = net income

15,200,000 x 6% = 912,000 net income

b) ROA = return on assets

$\frac{income}{assets} =$Return on Assets$

912,000/9,800,000 = 0,0930612 = 9.31%

b) ROE = return on equity

we use accounting equation to solve for equity:

aasets = liab + equity

9.8 M = 3.7M + E

E = 9.8 - 3.7 = 6.1

$\frac{income}{equity} =$Return on Equity$

912,000/6,1000,000 = 0,1495081 = 14.95%

7 0

4 years ago

Canopy services paid k. Canopy, the sole shareholder of canopy services, $5,700 in dividends during the current year. The entry

stepan [7]

The entry to close the dividends account at the end of the year:

It is given that Canopy services paid k. Canopy, the sole shareholder of canopy services, $5,700 in dividends during the current year. The entry to close the dividends account at the end of the year shall be as follows:

Dec. 31, Year;

Retained earnings Debit $5,700

Dividends Credit $5,700

(Being dividends closed to retained earnings)

7 0

3 years ago

Read 2 more answers

Federally chartered banks and credit unions are run like businesses that make a profit.

Licemer1 [7]

Answer:

False.

Explanation:

A bank is said to be federally chartered when it is appropriately authorized and regulated by the federal government of a country with recourse to statutory laws but not the state government. Some examples of federally chartered banks are Wells Fargo Bank, Bank of England, Swiss National Bank, Citizen National Bank, Bank of Japan, PNC Bank, First National Bank, U.S. Bank, Reserve Bank of Australia, etc.

A credit union can be defined as a non-profit making financial cooperative that is typically controlled by its members (employees, church groups, labour unions etc) and it is saddled with the responsibility of providing financial services like the traditional banks.

Generally, the profit made from the amount of money that is being deposited by the members of a credit union are usually returned to the members as a form of better interest rates. Some examples of credit unions are SchoolsFirst Credit Union, New York University Federal Credit Union, Consumers Credit Union, etc.

Hence, federally chartered banks and credit unions are not run like businesses that are a profit i.e they are a non-profit business.

4 0

3 years ago

Briefly explain the distillation process of alcohol.

marishachu [46]

Answer:

Distilling is essentially the process whereby a liquid made of two or more parts is separated into smaller parts of desired purity by the addition and subtraction of heat from the mixture. The vapours/liquids distilled will separated other ingredients that have lower boiling points.

3 0

3 years ago