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2 years ago

How may the following products be brought as convenience goods, especially

Business

1 answer:

zhenek [66]2 years ago

4 0

Answer:

Classification is the process of dividing the members of a population into smaller groups, so that in each group, members with similar characteristics are placed. The post-classification process continues at the macro level, and each subgroup is subdivided into smaller subdivisions, which can also be subdivided into smaller subdivisions. If necessary, each category is divided into sections. Each of these steps is called a division level , i hope it i can not help you

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A small delivery truck was purchased on January 1 at a cost of $25,000. It has an estimated useful life of four years and an est

Blababa [14]

Answer:

depreciation expense accumulated deprecation book value

$5,000 $5,000 $20,000

$5,000 $10,000 $15,000

$5,000 $15,000 $10,000

$5,000 $20,000 $ 5000

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

($25,000 - $5000) / 4 = $5,000

Book value in year in subsequent years = previous book value - that year's depreciation expense

Year 1's book value = $25,000 - $5000 = $20,000

Year 2's book value = $20,000 - $5000 = $15,000

Year 1's book value = $15,000 - $5000 = 10,000

Year 1's book value = $10,000 - $5,000 = $5,000

Accumulated depreciation is sum of depreciation expense

Year 1 = 5,000

year 2 = 5000 x 2 = 10,000

year 3 = 5000 x 3 = 15,000

year 4 = 5000 x 4 = 20,000

6 0

3 years ago

Assume Argentina has production possibilities to produce either 35 batches of apples or 70 batches of peaches using 100 worker h

konstantin123 [22]

Answer:

Explanation:

Batches of apples produced in one hour = 35/100 = 0.35

Batches of peaches produced in one hour = 70/100 = 0.70

total hours it would take to produce 15 batches of apples = 15 / 0.35 = 42.86 = 43 hours

this would leave (100 - 43) 57 hours to make peaches

Batches of peaches that can be made in 43 hours = 57 x 0.7 = 39.9 = 40 batches

7 0

3 years ago

Precision Camera Services started the year with total assets of $120,000 and total liabilities of $40,000. The company is a so

eimsori [14]

Answer:

$125,000

Explanation:

Opening values of;

Total assets = $120,000

Total liabilities = $40,000

Total equity = $120,000 - $40,000 = $80,000

During the year,

Total revenues = $140,000

Total expenses = $50,000

Withdrawal by owner = $45,000

The amount withdrawn by the owner reduces the owners equity. This may be deducted from the net income.

Net income from the year = $140,000 - $50,000 - $45,000

= $45,000

This will be added to the opening owner's equity to get the closing owner's equity.

Owner's equity at the end of the year = $80,000 + $45,000

= $125,000

3 0

3 years ago

The Reynolds Corporation buys from its suppliers on terms of 2/19, net 50. Reynolds has not been utilizing the discounts offered

harina [27]

Answer:

23.68%

Explanation:

The computation of the cost of not taking a cash discount is shown below:-

Cost of not taking a cash discount = [Discount percentage ÷ (100% - Disc.%)] × (360 ÷ (Final due date - Discount period))

= (2% ÷ 98%) × (360 ÷ (50 - 19))

= 2.04% × 11.61

= 23.68%

Therefore for computing the cost of not taking a cash discount we simply applied the above formula.

4 0

3 years ago

Narver Corporation uses the weighted-average method in its process costing system. Operating data for the Lubricating Department

Karo-lina-s [1.5K]

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

8 0

4 years ago