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Juli2301 [7.4K]

2 years ago

3

A restaurant sees about 600 orders on Tuesday. This is down from last Tuesday by about 0.85%. How many did they see last Tuesday

? (Round to a whole number.)

1 answer:

adelina 88 [10]2 years ago

6 0

Answer:549

Explanation:0.85/100 × 600= 51

Therefore 600-51= 549

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9. Bayarmaa owns land with an adjusted basis of $610,000 subject to a mortgage of $350,000. On April 1, Bayarmaa sells her land

Solnce55 [7]

Answer:

610000-b=a

Explanation:

April 1=610000

6 0

2 years ago

Tri-products is trying to decide whether to make or buy an accessory item for one of their products. It is projected that this i

Novosadov [1.4K]

Answer:

The best choice is process A since it has the highest EMV of $330000

Explanation:

there is a 50% chance that they will sell 50,000 units, and a 50% chance that they will sell 100,000 units

The decision tree is attached below, the calculations for the decision tree is given as:

The item sells for $10. Process A requires an investment of $120,000 for design and equipment, but results in a $4 per unit cost.

If there is high demand, they will sell 100,000 units, The profit = 100000($10-$4) - $120000 = $480000.

If there is low demand, they will sell 50,000 units, The profit = 50000($10-$4) - $120000 = $180000.

The EMV of process A = 0.5($480000) + 0.5($180000) = $330000

Process B requires only a $100,000 investment, but its per unit cost is $5

If there is high demand, they will sell 100,000 units, The profit = 100000($10-$5) - $100000 = $400000.

If there is low demand, they will sell 50,000 units, The profit = 50000($10-$5) - $100000 = $150000.

The EMV of process B = 0.5($400000) + 0.5($150000) = $275000

If the item is outsourced, there is virtually no cost other than the $6 per unit that they would pay their supplier

If there is high demand, they will sell 100,000 units, The profit = 100000($10-$6) = $400000.

If there is low demand, they will sell 50,000 units, The profit = 50000($10-$6) = $200000.

The EMV of Buying = 0.5($400000) + 0.5($200000) = $300000

The best choice is process A since it has the highest EMV

7 0

2 years ago

A. On July 1, Lopez Company paid $2,200 for six months of insurance coverage. No adjustments have been made to the Prepaid Insur

nlexa [21]

Answer and Explanation:

The Journal entries are shown below:-

1. Insurance expenses Dr, $2,200

To Prepaid insurance $2,200

(Being insurance coverage expired is recorded)

2. Supplies expenses Dr, $11,300 ($7,000 + $3,000 + $1,300)

To Supplies $11,300

(Being supplies expenses is recorded)

These two entries should be considered

6 0

2 years ago

On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: a.

vazorg [7]

Answer:

Explanation:

Sharon Matthews/ Tri-City Realty

A. Journal entries

1. Owners start up capital

Debit Capital account with $40,000

Credit Cash account with $40,000

2. Rent of Office and Equipment

Debit Rent of Office and Equipment Account with $6,000

Credit Cash Account with $6,000

3. Supplies Purchased.

Debit Supplies Account with $3,200

Credit Accounts payable with $3,200

4. Part payment of Creditors balance

Debit Accounts payable with $1,750

Credit Cash with $1,750

5. Fees earned

Debit cash with $18,250

Credit Fees earned with $18,250

6. Automobile & miscellaneous expenses

Debit automobile expense with $1,880

Debit miscellaneous expense with $420

Credit cash with $2,300

7.Office salary

Debit Office Salary Account with $5,000

Credit Cash with $5,000

8. Supplies expensed

Debit Supplies expense account with $1,400

Credit supplies account with $1,400

9. Capital drawings

Debit Capital drawings with $2,000

Credit Cash with $2,000

B. Account Balances

Fees Received $18,250

Supplies expense $1,400

Office salary $5,000

Automobile expense $1,800

Miscellaneous expense $420

Rentals of Office & equipment $6,000

Payables (opening) = $3,200

Less Cash payment = -$1,750

Payables (closing) = $1,450

Capital Account = $40,000

Less drawings -$2,000

Capital (closing) = $38,000

Cash Account = $40,000 - $6,000 - $1,750 + $18,250 - $1,880 - $420 - $5,000 - $2,000 = $41,200

Supplies (opening) = $3,200

Supplies expensed = $1,400

Supplies (closing) = $1,800

C. Trial balance of Tri-City reality

Fees Received -$18,250

Supplies expense $1,400

Office salary $5,000

Automobile expense $1,880

Miscellaneous expense $420

Rentals of Office & equipment $6,000

Accounts payable -$1,450

Supplies $1,800

Cash $41,200

Capital -$38,000

Net income -$3,550

Total $0

D. Net income statement

Revenue $18,250

Less Expenses -$14,700

Net income $3,550

E. Change in owners equity

Capital Account = $40,000

Less drawings -$2,000

Capital (closing) = $38,000

7 0

2 years ago

Mall Stores Corporation owns 95 percent of the shares of Niche Retail Corporation. Through a certain transaction, Mall Stores co

Sever21 [200]

Answer:

c. a short-form merger

Explanation:

A short-form merger -

It refers to the type of merger , where , the parent company and its subsidiary is merged together , is referred to as a short - form merger .

In this type of merger , the parent company need to have minimum of 90% of the subsidiary before a short - form merger .

The method is adapted to maintain the shareholders of the subsidiary from getting approve the arrangement .

Hence , from the given information of the question,

The correct option is c. a short-form merger .

5 0

2 years ago