Fiscal policy or changes in tax levels and spending is carried out by the

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

3 years ago

you work with a group of employee's who are in their early 20s. Which of the following methods of communication should you use t

Troyanec [42]

Please give the options in order for us to determine which is best.

5 0

3 years ago

Adcock Company issued $600,000, 9%, 20-year bonds on January 1, 2020, at 103. Interest is payable annually on January 1. Adcock

FromTheMoon [43]

Answer: Please find answers in explanation column.

Explanation:

a. Journal to record The issuance of the bond

Date Account Titles Debit Credit

Jan. 1 Cash $618,000

9% Bonds payable $600,000

Premium on Bonds payable $18,000

Calculation

Cash = 600,000 x 103% =$618,000

b. The accrual of interest and the premium amortization on December 31, 2020

Date Account Titles Debit Credit

Dec. 31 Interest expense $53,100

Premium on Bonds payable $900

Interest payable $54,000

Calculation

Interest = 600,000 x 9% = $54,000

Premium on bonds = 18,000 /20 = $900

Interest expense=$54,000- $900=$53,100

c.Journal to record The payment of interest on January 1, 2021. Date Account Titles Debit Credit

Jan. 1 Interest payable 54000

Cash 54000

d) Journal to record The redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded.

Date Account Titles and Explanation Debit Credit

Jan. 1, 2 Bonds payable $600,000

Cash $600,000

5 0

3 years ago

17. What positive outcomes are associated with saving money and why?

vekshin1

Answer:

Positive out comes in saving money is helping u make an investment in what ur passionate in.

Explanation: like say u want to buy or invest into a career by saving ur money you can get to that point and that is basically a positive outcome for you and the money you have saved.

hope this was a valid answer

6 0

3 years ago

Read 2 more answers

A firm based in Norway has found that its growth is restricted by the limited liquidity of the Norwegian capital market. List th

Harlamova29_29 [7]

Answer:

The Mexican firm can bring capital up in the worldwide value Market, worldwide security showcase, or the Eurocurrency advertise.

The worldwide value Market

The firm can offer corporate stock to outsiders on the worldwide value showcase. Numerous speculators don't accepting stock outside their national or closest stock trade. The Mexican firm can show itself on the New York, London, Hong Kong, and so on stock trade to get more speculators at a lower cost of capital. The drawback is that organizations need to set up their budget summaries in a way worthy to the outside stock trades.

The worldwide security showcase

The firm can offer a guarantee to pay in two habits, an outside bond and a Eurobond. Outside bonds are paid in the cash of the country where they are given, Eurobonds are paid in a money other than the cash where they are given. On the off chance that the firm sells an outside bond in the US, it will take care of head and enthusiasm for dollars. On the off chance that it does as such in Britain, the bond will be taken care of in pounds. With a Eurobond, the firm can sell the bond in Britain yet take care of it in dollars, yen, and so forth. Advantages incorporate less guideline, not following the local cash guarantor's money related revealing prerequisites, and not paying the local money backer's annual expenses. For instance, if the organization obtained in dollars from Britain, the organization would not need to reply to the SCC, record as indicated by US GAAP bookkeeping gauges, or make good on US annual charges

The Eurocurrency showcase

In the Eurocurrency showcase, the Mexican firm can apply for a line of credit in dollars from Britain, an advance in yen from the United States, or an advance in Euro in Japan. Less guideline brings about a lower financing cost on Eurocurrency credits. Lamentably, less guideline additionally implies a somewhat improved probability of bank disappointment.

One drawback to these is outside trade risk. In the event that the Mexican peso devalues, the peso has less worth comparative with another unit of cash. More pesos should then be utilized to pay dollar or euro named premium installments, rule installments, profits, and so forth. In a specific way these techniques for raising outside capital have remote trade risk. Since profits don't need to be paid while advances, premium installments, and standard installments do; it may be increasingly alluring to utilize the worldwide value advertise. The main path for the Mexican firm to totally stay away from exchange risk is to utilize the Mexican capital markets.

6 0

3 years ago