Answer:
$45,000
Explanation:
Given the above information, the account balance on February 1 is computed below;
Balance of account payable Feb 28 + Cash paid to creditors in February - Purchases on account
= $59,900 + $186,500 - $201,400
= $45,000
Therefore, the account balance on February 1 is $45,000
Answer:
The answer is C. Driven piles.
Explanation:
Driven piles, in construction, are used in the building of foundations and they are also used to provide support for structures. This is evident in transferring their load to layers of soil or rock which possess the bearing capacity that is sufficient and also suitable settlement characteristics.
Driven piles are also used in the support of the following structures:
- embankments,
- retaining walls,
- anchorage structures
- cofferdams,
- bulkheads,
- buildings,
- towers,
- bridges,
- tanks,
- walls, etc.
Driven piles are the most cost-effective solution for deep foundation.
No, because the decision has already been made by the Board of Directors.
More about directors and decision making:
The board's decision-making process is divided into two stages: communication and decision-making. Each director decides whether to incur a cost to communicate his information to others during the communication stage. At the decision-making stage, all directors take actions (e.g., vote) based on their private information and information inferred from the discussion, and the board makes a collective decision. Directors may have conflicts of interest and thus prefer a decision that is not in the best interests of the shareholders. Directors may also have a preference for conformity and thus incur a loss if their actions differ from those of other directors, such as voting differently than the majority.
Learn more about decision making here:
brainly.com/question/16407152
#SPJ4
Answer:
Gain $72,480
Explanation:
Calculation for the amount of gain or loss that Sheffield should recognize on the exchange
Using this formula
Gain/Loss= Book value – Fair value
Let plug in the formula
Gain/Loss= $978,480 – $906,000
Gain=$72,480
Therefore the amount of gain or loss that Sheffield should recognize on the exchange will be $72,480
The answer is 2 times.
Accounts recievable turnover ratio = net sales / average accounts recievable
=1,000,000 ÷ (700,000+300,000 ÷ 2)
