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3 years ago

6. He is not a skilled worker. He

Business

2 answers:

Neporo4naja [7]3 years ago

8 0

Answer:

earn . 

 

He is not a skilled worker. He doesn't earn much.

mel-nik [20]3 years ago

8 0

Explanation:

He doesn't earn much.....

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Consumers have certain rights that do NOT carry corresponding responsibilities.

galina1969 [7]

Answer:

<h2>Explanation:Consumers have certain rights that do NOT carry corresponding responsibilities....(false is the answer)</h2>

7 0

3 years ago

Eastline Corporation had 11,000 shares of $10 par value common stock outstanding when the board of directors declared a stock di

andrey2020 [161]

Answer:

e. Debit Retained earning $49,280 Credit Common stock dividend distributable $35,200

Credit Paid in capital in excess of par value(Common stock) $14,080

Explanation:

The journal entry is as follows:

Retained earnings (3,520 shares × $14)

Dr $49,280

_______ Common stock dividend distributable (3,520 shares × $10)

Cr $35,200

_______ Paid in capital in excess of par value ($49,280 - $35,200)

Cr $14,080

3 0

3 years ago

The Richmond Corporation uses the weighted-average method in its process costing system. The company has only a single processin

jekas [21]

Answer:

$142,524

Explanation:

The computation of the total cost assigned to the ending work in process

inventory is shown below:

As we know that

Total cost = Material + Labor

where,

Material = 21,400 units × 100% × $3.60 = $77,040

And,

Labor = 21,400 units × 60% × $5.10 = 65,484

So, the total cost is $142,524

We simply added material and the labor cost according to their completion percentage and its cost per equivalent units

7 0

3 years ago

On January 1, Gucci Brothers Inc. started the year with a $705,000 balance in Retained Earnings and a $608,000 balance in common

gtnhenbr [62]

Answer:

Stockholder Equity= $1,414,400

Explanation:

Stockholder Equity is the owners contribution to a business and it is made up of retained earnings and stock.

Stockholder Equity = Common stock + Retained Earnings

Let's track changes in common stock

Common stock= Starting balance + New stocks issued

Common stock= 608,000 + 22,500

Common stock= $630,500

Changes in retained earnings

Retained earnings= Starting balance + Income earned - Dividend paid out

Retained earnings= 705,000 + 93,000- 14,100

Retained earnings= $783,900

Therefore

Stockholder Equity= 630,500+ 783,900

Stockholder Equity= $1,414,400

7 0

3 years ago

Cor-Eng Partnership was formed on January 2, 20X1. Under the partnership agreement, each partner has an equal initial capital ba

inessss [21]

Answer:

Cor's share of Cor-Eng's 20X1 net income is $60,000

Explanation:

Partnership Table

Cor$ Eng$ Total$

Ratio 60% 40% 100%

Assets 60,000 20,000 80,000

Goodwill 40,000 40,000

Initial Capital balance 60,000 60,000 120,000

Add: Net income 15,000 10,000 25,000

Less: Drawing -3,000 -9,000 -12,000

Year End balance 72,000 61,000 133,000

6 0

3 years ago