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Svetllana [295]
4 years ago
15

Dover Enterprises has two products, Chalk V and Alabaster X, that come from a joint process, blending. Alabaster X undergoes add

itional curing after the split-off before it can be sold. The entry to account for the movement of products from the blending department is:
Business
1 answer:
slega [8]4 years ago
4 0

Answer:

The correct entry would be:

Account                                Debit            Credit

Finished Goods                    xxxxx

Work-in Process Curing       xxxxx

Work-in Process Blending                       xxxxxx

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Answer:

(f)None

Explanation:

Pay back period is the no of years in which cost of investment is recovered in the form of cash flow.

Project with cash back period of two years is acceptable .

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cash flow in first two years = 50+50 = 100 million dollar

so it is acceptable because it recovers the project cost in first two years .

Project 2

initial outlay of fund = 80 million dollar

cash flow in first two years = 40+45 = 95

so it is acceptable because it recovers the project cost in first two years .

Project 3

initial outlay of fund = 70 million dollar

cash flow in first two years = 30+40 = 70

so it is acceptable because it recovers the project cost in first two years .

Project 4

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cash flow in first two years = 30+40 = 70

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Project 5

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cash flow in first two years = 30+25 = 55

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So none will be rejected

8 0
3 years ago
Independent auditing can best be described as:________. A. A regulatory function that prevents the issuance of improper financia
Elden [556K]

Answer:

C. A discipline that enhances the degree of confidence that users can place in financial statements.

Explanation:

Independent auditing includes the process of auditing by an independent auditor. It involves the process of analyzing and examining the financial transactions and records. The company's accounts, the business records, the transactions are all monitored and audited so as to avoid any unprecedented act. It do not indulge any means of profit in the whole process. Independent auditing is adopted by the shareholders in order to protect from any sort of frauds or unacceptable claims made in terms of financial records.  

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3 0
4 years ago
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Answer:

Answers explained below

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