Answer:
d. share profits and losses according to the state's Uniform Joint Venture Act.
Explanation:
Answer:
$93,840
Explanation:
Calculation to determine how much is the total budgeted variable selling and administrative expenses for October
October Total budgeted variable selling and administrative expenses=
(0.6 + 1.2 + 0.3 + 0.35) x 7200 +6000 + 39,000 + 7,200 + 24,000
October Total budgeted variable selling and administrative expenses=2.45x 7200 +6000 + 39,000 + 7,200 + 24,000
October Total budgeted variable selling and administrative expenses=$17,640+6000 + 39,000 + 7,200 + 24,000
October Total budgeted variable selling and administrative expenses=$93,840
Therefore the total budgeted variable selling and administrative expenses for October is $93,840
Answer:
a. fear that they would be forced out of their habits
Explanation:
In as much as the aim is for absences and vacations not to pose a problem in productivity, Joshua's employees still objected because they might one day be told not to go on vacations and not even be absent from work. Thus, this becomes a problem for them.
Therefore the fear that they would be forced out of their habits sets in and they object the proposal.
Answer:
$317,500
Explanation:
The computation of the amount of bad debt expense is shown below:-
Bad debt expenses = (Accounts receivable × Outstanding receivable percentage) - Opening Allowance for doubtful debts
= ($6.57 million × 5%) - $11,000
= $317,500
Therefore for computing the bad debt expense we simply applied the above formula.
Answer:
The shareholders equity is 120
Explanation:
Basing on accounting equation:
Total asset = Liabilities + Shareholders equity
Therefore:
Shareholders equity = Total asset - Liabilities = Total asset - (Short term debt + Long term debt)
The company has total assets of 200, long term debt of 30 and short term debt of 50.
Shareholders equity = 200 - (50 + 30) = 200 - 80 = 120
