Answer:
The financial advantages from further processing the batch into two end products is $44.
Explanation:
- The financial advantages from further process can fiber into industrial fiber is calculated as:
+ Price of industrial fiber - price of can fiber - cost of further process into industrial fiber = 45 - 21 - 13 = $11.
- The financial advantages from further process can juice into molasses is calculated as:
+ Price of molasses - price of molasses - cost of further process into molasses = 103 - 29 - 41 = $33.
The total financial advantages from further processing the batch into two end products is calculated as: The financial advantages from further process can fiber into industrial fiber + The financial advantages from further process can juice into molasses = 11 + 33 = $44.
Answer:
The correct answer is "staff training"
Explanation:
Staff training is a program designed to improve the technical skills, knowledge, performance, efficiency, and value creation of the employees.
Answer:
F. Debit Accounts Payable $50.
B. Credit Merchandise Inventory $50.
Explanation:
As the company uses perpetual Inventory System, the journal entry to record the purchase return will be -
Debit Accounts Payable $50
Credit Merchandise Inventory $50
As the purchase was on credit, cash would not be either debit or credit. As the Merchandise Inventory returned to the suppliers, inventory was decreased. Hence, inventory will not be debit. Accounts payable was reduced too. Therefore, accounts payable will not be credit. Purchase returns are used in the periodic inventory system.
Answer:
The net income earned during the year is $ 5,000
Explanation:
The first point to kn ow is the accounting equation is A=L+SE
So to calculate the opening stockholders equity we can rearrange the accounting equation to be:
A-L = SE
so opening SE is
Assets $ 50,000 - Liabilities $ 40,000 = Stockholders Equity $ 10,000
Ending Stockholders equity is:
Assets $ 35,000 - Liabilities $ 20,000 = Stockholders Equity $ 15,000
Since the question mentions that the change in stockholders equity is only due to net income, the increase of $ 5,000 represents the net income for 2019.
Answer:
A service guarantee is a way to avoid compensating customers for a service failure.
Explanation: