Orion Flour Mills purchased a new machine and incurred the following expenses:
Dr Equipment 62400 Dr Prepaid Insurance 500 Cr Cash 2900 Cr Accounts Payable 60,000 Explanation: Preparation of accounting entry to record the above expenses for the new machine. Dr Equipment 62400 Dr Insurance Prepaid 500 Cr Cash 2900 Cr Accounts Payable 60,000 (62,400+500-2900) Equipment: Purchase Price (55,000 USD) + Sales Tax (5,000) + Shipping (800) + Installation ( 1,600 ) = Total cost 62,400 Cash: Machine shipping (800) + Machine insurance ((500)) + Machine installation (1,600) = 2,900
Answer; buy the note at a discount to the par value to be received at maturity;
Which of the following sources of market inefficiency would be most easily exploited? The price of a stock suddenly drops due to a big sell by an institution. A stock is overvalued because traders are restricted to short selling. Stocks are overvalued because investors are excited about the increased productivity of the economy. Response 1 Response; engage in effective public relations;Answer 2A printed circuit board manufacturer uses exponential smoothing with bias to predict monthly demand for its product. at the end of December, the company wants to forecast January sales. the trend estimate through November was 200 more cards sold per month. average sales were around 1000 units per month. demand for December was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including the trend for the month of January Answer 3 The answer is $2,399.44. mark me as the smartest! Answer 4President Donald Trump
Assessing the competitive value of cross-functional strategic adjustments in a diversified company's business portfolio involves considering:.Answer 1vs. what competitive value can be generated from vigorous efforts to capture the benefits of strategic adjustments arising from the transfer between companies of competitive resources and capabilities, cost savings in the value chains of sister companies, co-branding and business collaboration to create competitive new features that improve performance. Explanation: To assess the competitive value of cross-functional strategic adjustments in a company's diversified business portfolio, the company must assess and analyze the competitive value to be gained from companies in an attempt to capitalize on the strategic adjustments crusade of the 'company. So in this case the correct answer is option C as it details in detail what needs to be considered.answer 2assess whether there is great competitive value to be gained from collaboration between companies to create valuable new resources or capabilities that can generate significant performance gains. Explanation: Related diversification is a situation in which a company expands its production line or its markets by manufacturing a new product or in the case where a company needs to enter a new market related to the business activity of the company. It should Read more
MC Qu. 111 Brush Industries reports the following… Brush Industries reports the following for May: Sales $955,000 Fixed cost of goods sold 111,000 Variable cost of goods sold 261,000 Fixed sales and administrative costs 111,000 Variable sales and administrative costs 136,000 Calculate operating profit for May under absorption costing.Answer 1Details Amount Sales $955,000 Less: Fixed cost of goods sold $111,000 Less: Variable cost of goods sold $261,000 Gross profit $583,000 Less: Fixed sales and administration. costs $111,000 Less: Var. commercial and administrative. costs $136,000 operating profit $336,000answer 2Answer; I believe the correct answer is (4.0);answer 3The answer is true, a relevant question is an appropriate question.
Reimel Furniture Company, Inc., incurred the following costs for 20×2. Raw material used $172,000 Direct labor 320,000 During 20×2, a manufacturing overhead of $170,000 was applied to production. Products that cost $120,000 were finished and products that cost $132,000 were sold on credit for $195,000. There were no purchases of raw materials during the year. The opening balances for the company's inventory accounts are as follows: Raw material $226,000 Work in progress 14,000 Finished goods 30,000 Prepare a partial balance sheet and partial income statement to reflect the information provided above.Answer 1Answer; I believe the correct answer is Energy Star;answer 2The correct answer is definitely b because the dodge is ok, the chevy is better and the fords need to be fixed or repaired daily and the toyota is crap.answer 3The correct answer to this question would be the choice of letters a) simulating speech conditions or the first option.answer 4Heart