Answer:
a. Land purchased by Sun Company from a local finance company
1) REAL ASSETS, the land exists as a physical asset regardless of the company's transaction.
b. Sun Company's administration building, which houses the finance department
1) REAL ASSETS, the building exists as a physical asset regardless of the company's transaction.
c. Sun Company's inventories of raw materials
1) REAL ASSETS, the inventories exists as a physical asset regardless of the company's transaction.
d. Accounts receivable: money owed to Sun Company by other companies who have purchased products on credits
2) FINANCIAL ASSETS, accounts receivable is a financial concept, not a physical asset
e. Sun Company's corporate checking accounts
2) FINANCIAL ASSETS, checks is a financial concept that represent money, not a physical asset
a separation between ownership and management is most likely to occur in a : Corporation
In a corporation, the owners (or more commonly known as the share holders) tend to higher the executive that they believe is capable to manage the company
hope this helps
Answer:
I think its $48,950.
Explanation:
you subtract 4,000 from 52,000 which is 52,000 - 4,000 = 48,000.
then you will add that extra $950 getting you a total of $48,950.
if I'm wrong I'm sorry I'm not that good at math.
Answer:
The answer follows below;
Explanation:
Marin Corporation
Income Statement
For the year 31, xxxx 2017
Sales $2,427,500
Cost of Goods Sold ($1,465,500)
Gross Profit $962,000
Operating Expenses
Admin. Expenses ($220,600)
Selling Expenses ($289,300)
Interest Expense ($47,900)
Total Operating Expenses ($557,800)
Operating Income $404,200
Non Operating Income
Interest Income $40,000
Total Income before Taxation $444,200
Taxes (444,200*30%) ($133,260)
Net Income after Taxation $310,940
Answer:
7 workers will be required
Explanation:
We will define actual time required to do a job
= Standard time required for producing each unit x Worker efficiency (%)/100
= 11.65 x 115/100
= 13.3975 minutes
Total available minutes in 4 days = 4 days x 8 hours/ day x 60 minutes / day = 1920 minutes
Therefore ,
Number of units which can be produced by 1 worker in 4 days = 1920 /13.3975
Number of units to be produced = 1000 units
Therefore,
Number of workers required
= Number of units to be produced / Number of units which can be produced by 1 worker in 4 days
= 1000 x ( 13.3975 /1920)
= 6.977 ( 7 rounded to nearest whole number )
