Answer:
c. Work in Process (Debit) 23,000
Factory Overhead (Credit) 23,000
Explanation:
This would be the journal entry to record the factory overhead applied to production.
Answer:
1- B. Expense will be $140,000 and liability will be $250,000
2- d. $250,000
3- d. $250,000
Explanation:
The expense will be $140,000 which is calculated by year 1 and year 2 percent filled. The calculation is as follows:
Year 2 liability : $1,000,000 * 25% = $250,000
Year 1 liability : $1,000,000 * 11% = $110,000
Year 2 expense = $140,000.
Answer:
0.3793; 0.3333
Explanation:
Quick ratio for 2018 :
= (Cash + Account receivable) ÷ Current liabilities
= ($300 + $800) ÷ $2,900
= $1,100 ÷ $2,900
= 0.3793
Quick ratio for 2019 :
= (Cash + Account receivable) ÷ Current liabilities
= ($100 + $900) ÷ $3,000
= $1,000 ÷ $3,000
= 0.3333
Therefore, the quick ratio for Evans & Sons, Inc., for 2018 and 2019 are 0.3793 and 0.3333, respectively.
Answer:
The correct answer is letter "A": company sales potential; market potential.
Explanation:
Company sales potential is the expected amount of sales of a company given a specific sector in the market. It is presumed that the company has carried out marketing strategies and investment for the levels desired to be achieved. In the example, that level is 20%.
The market potential is the size of the market for a given product within a period of time. It is usually expressed in monetary terms since it expresses the number of sales value or volume during the period. In the example, that amount is $30 million dollars.
Answer: unfreezing
Explanation:
The unfreezing stage of Lewis change process is being regarded as the first stage of change, and in this stage, an organization is being prepared and accept that change is inevitable and necessary and that existing status quo should also be broken.
This is illustrated in what Mr. Henshaw, CEO of MBA Bank did, by deciding that the organization needs to provide more convenient service to customers.
