Answer:
Mandy Capital A/c Dr. $100,000
Brittney Capital A/c Cr. $100,000
Explanation:
Mandy selling $100,000 shares of assets, so we will report the transaction on the sale of stock by the amount of equity sold. Now, all parties will negotiate the price that one can sell to another for this equity valuation, which would be $85,000 in this case.
Answer:
1. Ending Carrying value value in 2016 = legal cost for application which is $20,000
Ending Carrying value in 2017 = legal cost of application in 2016 + legal fees incurred in 2017 = $20,00 + $8000= $28,000
2. The company should not amortize the trade as it was not impaired in 2016 and 2017.
The trade name can be amortized if it's useful life is known above which the company has determined that it will not use the trade name anymore, then it will be amortized over it's useful life.
Answer:the correct answer is D. can arise from excessive use of jargon and slang.
Explanation:
Language barriers to communication can arise from excessive use of jargon and slang. LANGUAGE BARRIERS can happen by not speaking the same language, or even if you do speak the same language, slang, jargon, and regional accents can interfere with meaning
Answer:
44,780 units
Explanation:
When a company uses the weighted average method in its process costing system, the beginning inventory nor the units transferred in are included in the calculations for equivalent units. Only units transferred out and ending inventory are use to calculate equivalent units:
equivalent units = units transferred out + (ending inventory x % of completion)}
equivalent units = 37,100 units + (9,600 units x 80%) = 37,100 units + 7,680 units = 44,780 units
The various functions of MNC are:
Promotion of foreign investment.
Technology transfer.
Promotion of exports.
Investment in infrastructure.
