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2 years ago

How do you redeem a lottery tickets

Business

1 answer:

DENIUS [597]2 years ago

4 0

Explanation:

you can redeem a winning ticket from any type of lottery game to an authorized retailer when your prize is less than 600$

hope I helped

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The internal financial statements of Vera Incorporated show that their beaded purses incurred an operating loss in the most rece

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Answer:

Vera Incorporated

Change in annual operating income from discontinued business:

Annual Operating Income would reduce by $78,000.

Explanation:

a) Calculation of the Net Income Lost:

Loss of Contribution ($99,000)

Avoidable fixed cost $21,000

Reduction of Income ($78,000)

b) The line of purses contributes $80,000 towards the company's fixed cost. Therefore, discontinuing this line of business would lead to the loss of this steam of income. The amount of reduced operating income will be $78,000 ($80,000 - 2,000).

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3 years ago

The Weston Corporation is analyzing projects A, B, and C as possible investment opportunities. Each of these projects has a usef

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Answer:

Explanation:

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3 years ago

The following facts apply to the pension plan of Culver Inc. for the year 2017. Plan assets, January 1, 2017 $495,100 Projected

tiny-mole [99]

Answer and Explanation:

The preparation of pension worksheet is shown below:-

General Journal entries

Particulars Annual pension Cash Pension Assets/

expenses Liabilities

Service cost $43,700 Dr.

Interest cost $39,608 Dr.

(495,100 × 8%)

Actual return $52,100 Cr.

Contributions $26,600 Cr.

Journal Entry 31 Dec $31,208 Dr. $26,600 Cr. $4,608 Cr.

Balance 31 Dec 217 $4,608 Cr.

Memo record

Projected benefit obligation Plant assets

Balance Jan 1 2017 $495,100 Cr. $495,100 Dr.

Service cost $43,700 Cr.

Interest cost $39,608 Cr.

(495,100 × 8%)

Actual return $52,100 Dr.

Contributions $26,600 Dr.

Benefits $36,500 Dr. $36,500 Cr.

Balance 31 Dec 217 $541,908 Cr. $537,300 Dr.

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3 years ago

An adjusting entry was made on year-end December 31 to accrue salary expense of $1,500. Assuming the company does not prepare re

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Answer and Explanation:

The Journal entries are shown below:-

1. Salary Expense $1,500

To Salary Payable $1,500

(Being salary expense is recorded)

Here we debited the salary expenses as it increased the expenses and we credited the salary payable as it also increased the liabilities

2. Salary Expense Dr, $2,100

Salary Payable Dr, $1,500

To Cash $3,600

(Being cash paid is recorded)

Here we debited the salary expenses and salary payable as it increased the expenses and decreased the liabilities and we credited cash as it reduced the assets

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3 years ago

The setup time for a batch of 250 products is 30 minutes while the production time is 5 minutes for each product. If the batch s

kramer

Answer:

d. Decrease by 0.045 minutes

Explanation:

<u>First Case</u>

Time per unit for 250 batch size = (30 / 250) + 5 minutes

Time per unit for 250 batch size = 5.12 minutes

<u>Second case</u>

Time per unit for 250 batch size = (30 / 400) + 5 minutes

Time per unit for 250 batch size = 5.075 minutes

The decrease in manufacturing time = Old-time - New time = 5.12 - 5.075 = 0.045 minutes . So, it Decrease by 0.045 minutes

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3 years ago