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2 years ago

Buying a new building increases business Land/capital

Business

2 answers:

Marysya12 [62]2 years ago

8 0

Answer:

land

Explanation:

why because buying a capital we'll be to much

Sergio [31]2 years ago

8 0

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Refer to the table below. what is the cumulative budgeted cost at the end of week 6? amounts are in thousands of dollars.

12345 [234]

The cumulative budgeted cost at the end of week 6 is $100,000. The answer in this question whose are amounts are in thousand of dollars is $100,000. So, the cumulative budgeted cost at the end of the week 6 is $100,000.Cumulative budgeted cost or acronym of CBC is the amount that is budgeted in order to accomplish the work that was scheduled.

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2 years ago

Which financial leverage ratio is used with two other ratios to mathematically produce the return on equity ratio?

ipn [44]

Answer: c. Total Assets/ Equity

Explanation:

To measure the Return on Equity with 3 ratios, the DuPont Analysis can be used. This is a technique of deconstructing the Return on Equity ratio into various constituent ratios so that their effect on Return on Equity is better know.

The basic DuPont Analysis is;

Return on Equity = $\frac{Net Income}{Revenue} * \frac{Sales}{Total Assets} * \frac{Total Assets}{Equity}$

Total Assets/ Equity or the Assets to Shareholder Equity ratio is the answer.

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2 years ago

Bims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with

vfiekz [6]

Answer:

Total equivalent units 56,700

Explanation:

Equivalent Units E.U) are notional whole units which represent incomplete work and are used to apportion costs between between work in progress and completed work.

To compute as

Equivalent Units = Degree of completion (%) × units

We will assume the company uses weighted average method of accounting for work-in progress.

Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.

Completed units = opening inventory + transferred in - closing inventory

= 2,600 + 62,500 - 21,000 = 44,100

Items Units Equivalent unit

Completed units 44,100 44,100× 100% = 44,100

Closing inventory 21,000 21,000 ×60% = 12,600

Total equivalent units  56,700 

7 0

2 years ago

Jeff jones earns $1,200 per week. he is married and claims four withholding allowances. the social security rate is 6.2% on $118

myrzilka [38]

Answer: Gross Pay: $1200 Less Health Ins: (42.50) Taxable Pay: 1157.50 SS Tax: 71.77 (1157.50 *.062) Medicare Tax: 16.78 (1157.50 *.0145) FIT: 91.79 Net Pay: 977.17 FIT calcualted as follows: Taxable less allowances (1157.50 less (71.15*4) = 872.9 (872.9 * .15)-39.15 = 91.79

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2 years ago

DS Unlimited has the following transactions during August. August 6 Purchases 84 handheld game devices on account from GamerGirl

damaskus [11]

Answer:

Explanation:

The journal entries are shown below:

On August 6

Merchandise Inventory A/c Dr $22,680 (84 handheld games × $270)

To Account payable A/c $22,680

(Being the inventory purchased is recorded)

On August 7

Merchandise Inventory A/c Dr $470

To Cash A/c $470

(Being the freight cost is paid)

On August 10

Account payable A/c $2,430 (9 handheld games × $270)

To Merchandise inventory A/c $2,430

(Being the goods are returned)

On August 14

Account payable A/c Dr $20,250 ($22,680 - $2,430)

To Merchandise Inventory A/c $405 ($20,250 × 2%)

To Cash A/c $19,845

(Being the amount due is paid)

On August 23

Accounts Receivable A/c Dr $18,560 (64 handheld games × $290)

To Sales revenue A/c $18,560

(Being the sales on credit basis is recorded)

Cost of goods sold A/c Dr $17,335

To Merchandise Inventory A/c $17,335

(Being the total cost is recorded)

7 0

2 years ago