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Step2247 [10]
3 years ago
12

What skills do you think an aircraft engineer would need to have?

Business
2 answers:
Reil [10]3 years ago
6 0
Probably engineering and probably airplanes
ladessa [460]3 years ago
3 0
Im pretty sure engineering because it is in the name
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On January 3, 2013, Roberts Company purchased 30% of the 100,000 shares of common stock of Thomas Corporation, paying $1,500,000
deff fn [24]

Answer:

The appropriate journal entry to record the sale of the 15,000 shares:

Dr Cash                                            800,000

Cr Investment - Thomas Corp       780,000

Cr Gain on investment disposal    20,000

(to record the investment disposal of 15,000 Thomas Corp's shares)

Explanation:

Before the disposal of the investment on Thomas, Roberts Co. should use the equity method to account for this investment because 30% of Thomas' shares which is 30,000 ( 100,000 x 30%) is possessed by Robert Co. and Robert Co. has significant influence over Thomas.

So, by the end of 2013, Robert's treatment to this investment should be:

Opening balance as of 2013:        $1,500,000

Plus: Share of net profit        :        $90,000   (calculated as 300,000 x 30%)

Minus: Dividend received     :        $(30,000) (calculated as 100,000 x 30%)

Closing balance as of 2013:          $1,560,000

=> Value per share = 1,560,000 / 30,000 = $52.

So, as at January 4 2014, because 15,000 shares is sold, the Investment account is Credited ( decreased) by $780,000 ( 52 x 15,000) and the total sales's receipt of $800,000 will generate the profit of $20,000 ( calculated as $800,000 - $780,000).  

7 0
3 years ago
Siren Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2020, the company incurred
Naddik [55]

Answer:

Part A.

$16.75

Part B.

Variable costing income statement for 2017

Fi

Part C.

Part D.

Absorption costing income statement for 2017

Explanation:

<em>The question is incomplete, however see explanations below</em>

Cost per unit - Variable Costing

<em>Only consider the Variable Manufacturing Costs</em>

Cost per unit - Variable Costing = $16.75

Cost per unit - Absorption Costing  

<em>Consider Both Variable and Fixed Manufacturing Costs</em>

7 0
3 years ago
. If Canace Company, with a break-even point at $313,500 of sales, has actual sales of $570,000, what is the margin of safety ex
Gre4nikov [31]

Answer:

Canace Company

a-1) Margin of safety is:

= $256,500.

a-2) Margin of safety is:

= 55%.

b) The amount of actual sales is:

= $5,677,500.

Explanation:

a) Data and Calculations:

Break-even point sales = $313,500

Actual sales = $570,000

Margin of safety = $256,500 ($570,000 - $313,500)

Margin of safety as a percentage of sales = 55% ($313,500/$570,000 * 100)

2) Margin of safety = 25%

Fixed costs = $1,419,375

Break-even point in sales dollars = $1,419,375

Variable costs = 75% of sales

Contribution margin at break-even point = 25% (100% - 75%) = $1,419,375

Actual sales in dollars = $5,677,500 ($1,419,375/25%)

6 0
3 years ago
Candace has just landed her first job and has the long-term goal to one day buy a house. She needs help investing some of her mo
Elza [17]

Answer:

two qualities candace should look for...

Explanation:

understanding- she should look for someone who is understanding of her money and her time, with out that the financial advisor could be very careless

communication- they should be able to communicate with her about her money if there is ever a problem, and when she has the right amount to get her goal.

6 0
3 years ago
Your body uses minerals for many different jobs, including __________. (select all that apply.)
yan [13]

Your body uses minerals for many different jobs, including building bones

making hormones regulating your heartbeat

Hormones are molecules that are created and released by specific glands to regulate and govern the functioning of particular cells and organs. The term "endocrine glands" refers to these specific glands.

Hormones are chemicals that, as was already mentioned, effectively serve as the body's messengers. Specialized glands called endocrine glands release these substances. Hormones all over the body, these endocrine glands are located. These messengers regulate a variety of physiological processes as well as psychological wellbeing. In preserving the body's homeostasis, they play a significant role.

Protein hormones are soluble in water and made of amino acids. Since the cell membrane is made up of a phospholipid bilayer that prevents any fat-insoluble molecules from diffusing into the cell, peptide hormones cannot flow through it.

Learn more about Hormones here

brainly.com/question/13020697

#SPJ4

7 0
1 year ago
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