Answer:A
Explanation:
The optimal value will always remain the same. It is because profit is a difference between total revenue and total cost.
Answer:
The correct entries would as follows:
Dr Organization/legal fees(3000*$4.5) $13,500
Cr Common stock($1*3000) $3,000
Cr paid in capital in excess of par($4.5-$1)*3000)) $10,500
Explanation:
The total cost incurred has increased to $13,500 since the stock needs to be recorded at its fair value on the date of the agreement and the approximate fair value is the market price.
As a result,legal fees expenses is debited with $13,500 while the common stock account is credited with par value of $1 per share and the excess over par value of $3.5 is credited to paid in capital in excess of par.
Answer:
c. resource-limited scheduling
Explanation:
Resource - limited scheduling -
As the name suggests ,
It refers to the method of scheduling the shortest schedule where the available resources are fixed , is referred to as the resource - limited scheduling .
It is a specific method to implement the resource leveling strategy in any assignment or project .
Hence , from the given information of the question ,
The correct answer is c. resource-limited scheduling .
Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr $388,000
Service charge expense A/c Dr $12,000
To Account receivable A/c $400,000
(Being sale is recorded)
The service charge is an expense that is why it is debited and it is computed by
= Sales × service charge
= $400,000 × 3%
= $12,000
Since the sales is made so the company would received the cash that is why we debited the cash account and credited the accounts receivable account
