Hi there
units were transferred to the finished goods inventory during february
5,200+740−440
=5,500...answer
Good luck!
Answer:
c. $1,900
Explanation:
As for the information provided, we have:
Retained Earnings opening balance = $2,500
Current year loss = $200
Balance of retained earnings after this = $2,500 - $200 = $2,300
Now, dividends are provided which shall be paid from retained earnings only.
Cash dividends are the one paid in cash.
Stock dividends are the ones which are paid by issue extra shares from retained earnings.
Thus, both are deductible from retained earnings.
Therefore, closing balance of retained earnings = $2,300 - $200 - $200 = $1,900.
Answer:
b. an outward shift of the production possibilities curve along both axes
Explanation:
As we know that outward shift refers to the growth.
Baby boomers is a term used for the human generation born between 1946 and 1964 after the end of world war 2 when the birth rate across the world was narrowed and thereafter the emerging births of new infants were known as Baby Boom.
The main reasons of this outward shift were:
- People started new families to cover the life gap of the loved ones they lost during the world war
- People hoped that coming era will be of peace and business growth which they actually saw thereafter
- People hoped to see the economic growth in upcoming years leading them towards business expansions and production growths as well
Answer:
It will be more profitable to vertically integrate because the company will be able to further reduce its costs.
Explanation:
Profit = Sales - Cost
The lower the cost, the higher the profit (if sales remains the same).
A Vertical integration strategy requires a company to <u>own or control its suppliers (backward integration) or its distributors or retailers (forward integration)</u>, and therefore, gain more control over its value chain.
<em>If the U.S. automobile company chooses to vertically integrate into the car retailing business in countries where it sells most of its cars, then it would cut out certain costs, such as the cost of contracting with independent car dealers, which would further improve profitability.</em>
Also, such forward integration into retailing means the company will develop processes along its value chain that will increase the efficiency of its operations.
Answer:
$720
Explanation:
Given that,
Principal = $36,000
Rate = 6% per year
Note issued by West carried an 18-month term.
Time period: 1st September to December = 4 Months
Interest expense = Principal × Rate × Time period
= 36,000 × 6% × (4 ÷ 12)
= $720
Therefore, the amount of interest expense appearing on West's 2016 income statement would be $720.
