Answer:
Which shop will benefit the most from its expansion?
- B. Donny, because his workers currently have less available capital to work with
The law of marginal returns applies here, that is why Sunshine donuts didn't produce twice as many by using more machines
How much should Donny realistically expect his production to increase with the new equipment?
Similar to the additional production that Sunshine had in the past.
How much should Sunshine realistically expect her production to increase with the new equipment?
Maybe even a little more than 50 dozen, but definitely less than 80 or 100.
Answer:
$23,709
Explanation:
Data provided in the question:
Amount of bond issued = $700,000
Duration = 5 years
Interest rate = 8%
Selling amount of bond = $728,700
Market rate of interest = 7%
Now,
Interest paid = Amount of bond issued × Interest rate
= $700,000 × 0.08
= $56,000
Interest expense = Amount of bond sold × Market Interest rate
= $728,700 × 0.07
= $51,009
unamortized premium = Selling amount of bond - Amount of bond issued
= $728,700 - $700,000
= $28,700
Amortized amount = Interest paid - Interest expense
= $56,000 - $50,009
= $4,991
Balance of the premiums on bonds payable account immediately following the first interest payment
= unamortized premium - Amortized amount
= $28,700 - $4,991
= $23,709
Answer:
Debit Allowance for Doubtful Accounts $2,300; credit Accounts Receivable $2,300
Explanation:
The journal entry is shown below:
Allowance for Doubtful Accounts A/c Dr $2,300
To Accounts Receivable A/c $2,300
(Being the written-off amount is recorded)
Since we have to record this journal entry so we debited the Allowance for Doubtful Accounts A/c and credited the account receivable account so that the correct posting can be done.
Answer: Checking for conflicts/Incompatibility among the competitive strategies of the company different business.
Explanation:
This will be a waste of effort and resources because the business are different there strategies are bound to be different, trying to reconcile different strategies for different business is uncalled for and not necessary.
Ranking the performance prospect of the business, accessing the competitive strength of each busines the company has diversity into, evaluation the prospective advantage of cross busines strategic fits along the value chain of the company's various busines, checking whether the company's resources meets the current requirements of it's business line up will all help to improve the company's performance.
Answer: The profits would be shared equally
Explanation: This is because
Since there was no agreement stating how profits would be divided,then the applicable state Limited Liability Company statute will rule. Most LLC statutes states that if members do not specify how profits are to be divided, they will be divided equally. As long as no operating agreement or LLC statute addressed the particular issue, the partnership law applys which also indicates that profits should be divided equally among the owners of a firm unless it was specified otherwise.
