Answer:
The correct option is C. An IPO reveals the value of the manager-owners' stake
Explanation:
The reason company manager-owners smile whenever they ring the stock exchange bell at their ipo which full meaning is INITIAL PUBLIC OFFERING is that it will show them the value of their owners stake which is the percentage of the value of the stock the manager own .
Answer:
$50.57 ; $175,573.6
Explanation:
The computation of the fixed and variable portions of overhead costs based on machine-hours using high low method is shown below:
Variable cost per hour = (High Overhead cost - low overhead cost) ÷ (High machine hours - low service hours)
= ($581,145 - $503,775) ÷ (8,020 hours - 6,490 hours)
= $77,370 ÷ 1,530 hours
= $50.57
Now the fixed cost equal to
= High overhead cost - (High machine hours × Variable cost per hour)
= $581,145 - (8,020 hours × $50.57)
= $581,145 - $405,571.4
= $175,573.60
<span>Smart cards, stored-value money cards and electronic tendering cards </span>resemble credit cards, but they are a form of cash. A credit card allows the person who has it to have merchandise, food, travel to different countries that is charged to his or her account. The money is stored in this card and can be en cashed anytime he wanted to.
Answer and Explanation:
1. Journal Entries
July 15 Accounts Receivable $66,000
Sale Revenue $66,000
July 23 Cash $64,680
Sales discount 1320
Accounts Receivable 66,000
2. Journal Entries
July 15 Accounts Receivable $66,000
Sale Revenue $66,000
August 15 Cash $66,000
Accounts Receivable 66,000
Answer:
Find attached correct question that matches the options provided in this question:
The correct option is B, a credit to Interest Revenue for $2,700
Explanation:
The semiannual coupon interest receivable from the bond investment is the face value of $54,000 multiplied by 10% adjusted to reflect a six month revenue rather than a year a shown below:
semiannual interest receipt=$54,000*10%*6/12=$2,700
The $2,700 would be debited to cash as an income while also being credited to interest revenue ,hence option B is correct
