Answer:
$ 10512000
Explanation:
The market value of Madison investment which is the aggregate value of the company's investment =$ 12 million
The book value = assets - liabilities = (1700000 - 419000) ×0.4 = $ 51240
The year-end balance = $ 51240 + $ 10 million = $ 10512000 approx
Answer:
Regional Products
Explanation:
According to the UCC where place of delivery is not specified in a transaction, the place of delivery of the goods will be at the seller's place of business.
This will help with inspection, where the buyer has an opportunity to inspect the goods and either accept or reject before transportation cost is incurred.
The first step is to investigate why the product recall was required. Then the manager should ask for details of the incident, follow up and report. Following these first steps will be essential in analyzing what was the problem with the product, whether it was any breach of the quality standard required by regulatory bodies or some other relevant factor.
Answer: c. All of these
Explanation:
Business analysis is difficult from operational databases for quite a number of reasons which include but are not limited to:
i. Every department having its own method for recording data - there is a misalignment of data definitions across differnent departments which means that users might not be able to compare data effectively.
ii. Data standards not applying across departments - Different departments usually use different formats to record data again making comparison difficult.
iii. The data, if available, often being incorrect or incomplete - missing data across departments due to lack of set standards can again make comparisons difficult.
Therefore all of the options are correct.
Explanation:
Data given in the question
Actual cash received = $23,447
But the amount indicated on the cash register is $23,457
So, by considering the above information, the journal entry is as follows
Cash $23,447
Cash short and over $10
To Sales $23,457
(Being the cash receipts and the cash sales is recorded)
