Answer:
interest payable 66,000
note payable 384,000
Land 325,000
Gain on disposal 125,000
Explanation:
600,000 x 11% = 66,000 interest payable
the land is being used to settle the note along with the accrued interest at the time:
the accounting of Transit developments record the land at cost: 325,000
as the market valuye is 450,000 so a gain for 125,000 will be recognize.
450,000 market value - 66,000 interest payable: 384,000 payment on the note principal
the entry will write-off the interest payable, decrease the note by that amount and recognize the land gain on disposal
The aspect of his resource that has been compromised is the availability. It is because he changed his report because he has a similarity to one of the reporters, he decided to changed it, making the first report unavailable as it is changed and replaced. Because of it, availability has been compromised as he changed his first report that could still have been used.
Any of the methods is an attempt to arrive at a profit
maximizing price. This likely occurs when there is a producing quantity in
regards of the output in which there is an equality with both of the marginal
revenue and the marginal costs.
Answer:
The answer is 60%
Explanation:
Labor force is the total number of people that have job(employed) and the number of people who are willing, able and actively searching for job(unemployed) in a population.
Labor force participation rate is calculated by dividing the labor force by the noninstitutionalized population.
Labor force = employed + underemployed + unemployed
= 96 + 31 + 8
=135 million
So we have:
(135 ÷ 243) x 100 percent.
60% (the nearest whole percentage)
Answer:
d. $13.00
Explanation:
contributon margin = selling price - variable cost
sales price: $25 per unit
<u>list of variable cost:</u>
Direct mateirals 6.20
Direct labor 2.80
variable overhead 1.45
sales commisions 1.00
adminsitrative variable<u> 0.55 </u>
total variable cost 12.00
$25 selling price per unit - $12 variable cost per unit =
$13 contribution margin per unit
This is the amount each units "contributes" to ay the fixed cost and make a gain during the period.
