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ZanzabumX [31]
2 years ago
6

How much money does Lupe now have in her checking account?

Business
2 answers:
Likurg_2 [28]2 years ago
5 0
75 I think not 100% but that makes Sense
Veseljchak [2.6K]2 years ago
3 0

$75 dollars.

She has a balance of $25 and adds her $50 paycheck to it, for a new balance of $75.

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Lester Company transferred the following assets to a newly created subsidiary, Mumby Corporation, in exchange for 40,000 shares
sammy [17]

Answer:

Lester Company

The accumulated depreciation amounts for buildings $35,000 and for equipment $60,000 were obtained as the differences between the costs and the book values of the assets.  The cost of a long-term asset is usually reduced to its book value by the total amount in the accumulated depreciation account.  The accumulated depreciation account shows the progressive amounts set aside annually as a write-off of the asset, showing its use over the period in accordance with the accrual concept and matching principle.  The accrual concept and matching principle require cost to be matched to the revenue it helps to generate.

Explanation:

Transferred Assets:

                                      Cost        Book Value   Difference  Explanation

Cash                            $40,000     $40,000        $0

Accounts Receivable   75,000        68,000        $7,000 (doubtful accounts)

Inventory                      50,000        50,000        $0

Land                             35,000        35,000         $0

Buildings                    160,000       125,000         $35,000 (depreciation)

Equipment                240,000       180,000        $60,000 (depreciation)

5 0
2 years ago
Suppose you were hired as a consultant for a company that wants to penetrate the Comp-XM market. This company wants to pursue a
klio [65]

Answer:

Chester Company

Explanation:

Niche Cost Leader Strategy is to set the price for the products as lower than all the competitor's products and still be in profit. Thus by having set the lower prices than competitor's products in the market and achieving profit for the organization.

Chester Company is the strong competitor for the Niche Cost Leader Strategy company based on the given information, and the data as explained below.

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  • Production for the Chester Company is very high against the capacity of the company.

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