RAWRRRRRRRRR Whahahaha

Imagine you are the owner of a natural gas company. you can either extract as much of the resource as fast as possible or delay

Akimi4 [234]

Answer:

Extract as low as possible at present and as high as much possible in the future.

Explanation:

The company must sell fewer natural gas units because the sales price is at present and this will constitute to fewer income coming by the sale of natural gas, the company must only earn from natural gas as much as required to finance its needs at present. So to earn a higher revenue proportion in future due to increase in the selling price of the product, the company must extract as much as possible in future to earn more.

8 0

3 years ago

If a department that uses process costing starts the reporting period with 100,000 physical units that were 20% complete with re

Naddika [18.5K]

Answer:

The correct answer is True

Explanation:

In calculating the equivalent units with respect to labor,the physical units at the start of the period is multiplied by the percentage of completion.

In other words, the equivalent units is shown thus:

Equivalent units =100000 units*20%

Equivalent units =20000 units

This implies that labor has carried out 20% of the work required to transform the 100000 units into finished products,since only 20% work is completed, the remaining 80% is expected in the next period.

7 0

4 years ago

Green Landscaping Inc. is preparing its budget for the first quarter of 2017. The next step in the budgeting process is to prepa

Agata [3.3K]

Answer:

a-1. Total cash collection for the Quarter Ending March 31, 2022 = $336,000

a-2. Total cash payment for the Quarter Ending March 31, 2022 = $43,400

b-1. Account receivable balance = $68,000

b-2. Account payable balance = $7,200

Explanation:

Note: This question is not complete and contains different dates (2017 and 2022). The complete question is therefore provided and 2022 is picked as the date before answering the question. See the attached pdf file for the complete question with 2022 as the date.

The explanation of the answer is now given as follows:

a-1. Schedule of expected cash collections from clients.

Note: See part a-1 of the attached excel file for the Schedule of expected cash collections from clients.

From the attached excel file, we have:

Total cash collection for the Quarter Ending March 31, 2022 = $336,000

a-2. Schedule of expected payments for landscaping supplies.

Note: See part a-2 of the attached excel file for the Schedule of expected payments for landscaping supplies.

From the attached excel file, we have:

Total cash payment for the Quarter Ending March 31, 2022 = $43,400

b. Determine the following balances at March 31, 2022:

b-1. Accounts receivable

Account receivable balance = ($120,000*10%) + ($140,000*40%) = $68,000

b-2. Accounts payable

Account payable balance = $18,000*40% = $7,200

Download xlsx

3 0

3 years ago

Hopefully you can help me out thank you

gregori [183]

Answer:

16. A 17. B

Explanation:

16. A budget for revenue and expenses shows estimated earnings and estimated costs. It is different from a capital expenditure budget, which shows which assets you are going to invest into for the long term.

17. Budgeting should be done prudently. One should understate when it comes to income and overstate when it comes to expenses, so as to not get losses in the future. It is better to make more profit then have more losses in the future

6 0

4 years ago

Mecomick trucking serves as a carrier for several private oilfield supply companies. it is classified as a _____ carrier. a cont

professor190 [17]

I believe the answer is A

5 0

3 years ago

RAWRRRRRRRRR Whahahaha​

RAWRRRRRRRRR Whahahaha