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2 years ago

Which type of technology is best for laying out financial projections?

Business

1 answer:

lina2011 [118]2 years ago

5 0

Answer: Spreadsheets

Explanation: Spreadsheets allow you to

foresee and edit data, while also seeing

the past data to help towards ones

future business goals.

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Beaver Construction purchases new equipment for $50,400 cash on April 1, 2015. At the time of purchase, the equipment is expecte

mariarad [96]

Answer:

Beaver Construction

1. Journal Entry:

April 1, 2015:

Debit Equipment $50,400

Credit Cash Account $50,400

To record the purchase of new equipment for cash.

2. December 31, 2015:

Debit Depreciation Expense-Equipment $5,400

Credit Accumulated Depreciation - Equipment $5,400

To record the depreciation expense for the period.

3. Adjusted balances of Accumulated Depreciation and Depreciation Expense at December 31, 2015:

a) Accumulated Depreciation - Equipment

Beginning balance $0

Depreciation Expense $5,400

Ending balance $5,400

b) Depreciation Expense-Equipment $5,400

Explanation:

The depreciation expense for equipment is $5,400 ($600 x 9) since the depreciation charge for each month is $600. The equipment was used from 9 months from April 1 to December 31 in 2015. This implies that only $5,400 will be charged to Income Statement for the period.

7 0

3 years ago

How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competiti

Marysya12 [62]

<span>In a monopoly, prices are usually higher
because there's no competition,
whereas in a competitive market items which are not priced orderly may never sell
so correct option is A
hope it helps

</span>

6 0

3 years ago

Read 2 more answers

Economist robert reich advocates that the outsourcing of productive activities to different suppliers results in the creation of

Digiron [165]

The creation of "Worldwide Products"—items with a global focus—results from the outsourcing of productive tasks to various providers.

<h3>What are Worldwide Products?</h3>

The aggregate gross national income of all the nations in the globe is known as the gross world product (GWP).Because imports and exports are exactly balanced when looking at the entire planet, this also equals the total global GDP. The nominal GWP in 2013 was around 75.59 trillion US dollars, according to the World Bank. The GWP was around $80.27 trillion in nominal terms and was over 127.8 trillion international dollars in terms of purchasing power parity in 2017, according to the CIA's World Factbook (PPP).

To learn more about Worldwide Products from the given link:

brainly.com/question/15283031

#SPJ4

6 0

1 year ago

Tracy Company, a manufacturer of air conditioners, sold 270 units to Thomas Company on November 17, 2021. The units have a list

coldgirl [10]

Answer:

November 17, 2021

Dr. Inventory $81,000

Cr. Account payable $81,000

November 26, 2021

Dr. Account Payable $81,000

Cr. Discount Income $2,430

Cr. Cash $78,570

December 15, 2021

Dr. Account payable $81,000

Cr. Cash $81,000

Explanation:

Sales Amount = 270 units x $400 = $108,000

Discount = $108,00 x 25% = $27,000

Net Sales = $108,000 - $27,000 = $81,000

Terms of sale 3/10, n/30 means there is a discount of 3% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.

Payment made on

November 26, 2021

As the payment is made within discount period, so discount will be availed

Discount = $81,000 x 3% = $2,430

Cash received = $81,000 - $2,430 = $78,570

December 15, 2021

As the payment is made after discount period, so no discount will be availed. Full payment of $81,000 will be made.

3 0

3 years ago

Builders, inc., agrees to construct an office building for champ fitness clubs, inc. the project proceeds according to plan, but

adell [148]

Answer: option D is correct

Explanation:

Since the quit notice is not the builders fault, the termination of contract can filed on the bases of determination where the client client has to pay profit and losses incurred until the moment of termination.

7 0

3 years ago