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3 years ago

How do competition and the introduction of novel businesses impact the transportation industry? (Select all that apply.)

Business

1 answer:

anyanavicka [17]3 years ago

4 0

Answer:

well I need the picture that need to answer solo I can answer your question

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On January 1, 2021, Calloway Company leased a machine to Zone Corporation. The lease qualifies as a sales-type lease. Calloway p

Vilka [71]

Answer:

Dr Interest receivable 21,780

Cr Interest revenue 21,780

Explanation:

Preparation of the appropriate interest Journal entry on December 31, 2021

Based on the information given we were told that the company paid the amount of $280,000 for the machine in which the company will be leasing the machine to Zone for the amount of $38,000 per year while 9% of the amount will be return to Calloway which means that the interest entry on December 31, 2021 will be recorded as:

Dr Interest receivable 21,780

Cr Interest revenue 21,780

Calculated as :

Cost of machine $280,000

Less lease amount per year $38,000

=$242,000

Hence,

$242,000*9%

=$21,780

8 0

4 years ago

Fabulous Fabrics budgeted to manufacture 1300 curtains in February. Actual output for March was with total direct materials cost

GarryVolchara [31]

Answer:

$2,925 Unfavorable

Explanation:

The computation of direct labor rate variance is shown below:-

Actual rate = Direct labor cost ÷ Actual direct labor hours

= $5,250 ÷ 150

= 35

Direct labor rate variance = (Selling rate - Actual rate) × Actual hours rate

= ($15.50 - 35) × 150

= -$19.5 × 150

= $2,925 Unfavorable

Therefore for computing the direct labor rate variance we simply applied the above formula.

8 0

3 years ago

Jamesway Corporation has two separate divisions that operate as profit centers. The following information is available for the m

Nookie1986 [14]

Answer:

White Division Gross Profit = $72,200

Grey Division Gross Profit = $247,700

Explanation:

White Division Grey division

Sales (net) $270,000 $540,000

Less: Cost of goods sold $135,000 $202,500

Gross Margin $135,000 $337,500

Less: Salary Expenses $37,800 $64,800

Rent $25,000 $25,000

Gross Profit $72,200 $247,700

The White Division occupies 25,000 square feet in the plant. The Grey Division occupies 25,000 square feet. Hence, the rent expenses will be shared equally. Rent = $50,000 hence, both division will pay $25,000 each for rent

7 0

3 years ago

Rao Corporation has the following balance sheet. How much net operating working capital does the firm have?

ivolga24 [154]

Answer:

Net operating working capital = $ 60.

Explanation:

As we know that Net operating working capital = (cash+account receivable+Inventory) - (Account payable + Accrued expenses)

= (10+50+40) - (20+20)

= $ 60

8 0

3 years ago

Octavia has received an email from a customer, asking her a question about a product. unfortunately, octavia doesn't know the an

4vir4ik [10]

What Octavia should do is send a quick reply explaining that she needs more time to consider the question. Say the customer is asking asking something really complicated, the receiver will might need more time to answer than an easier question.

8 0

4 years ago

Read 2 more answers