Budgeted Purchases = Sales units + Closing inventory - Beginning Inventory
= 5,000 + (1,000 * 130%) - 1,000
= 5,300 units
Answer:
The income statement, statement of stockholders' equity, and balance sheet for Longhorn Corporation is given below.
<u><em>The income statement</em></u>
Sales Revenue $ 67,700
COGS ($ 53,400)
Delivery expenses ($ 2,600)
Salary expenses ($ 5,500)
Net profit $ 6,200
<u><em></em></u>
<u><em>Balance Sheet</em></u>
Asset
Cash $ 1,200
Equipment $ 29,000
Building $ 40,000
Supplies $ 3,400
Total Assets $ 73,600
Equity
Common Stock $ 44,000
Retain earning $ 24,400
(18,200 + 6,200)
Liability
Account Payable $ 4,400
Salaries payable $ 8,00
Total Liabilities $ 73,600
<u><em>Statement of Stockholders</em></u>
Opening common Stock $ 40,000
Addition $ 4,000
Closing common Stock $ 44,000
Retain earning Opening $ 18,200
Net profit $ 6,200
Retain profit Closing $ 24,400
Total Equity $ 68,400
Answer:
she went to the school called Lord duffrent public school.
Explanation:
Answer: to a Director of Management Information Systems.
If Marianne, the payroll manager at Johnson manufacturing wants to upgrade the department's accounting systems, the person whom she would make the most sense to send her request for an upgrade is to a Director of Management Information Systems.
A Management information systems<span> (MIS) director contributes to growth in companies by improving information technology activities and computer resources. They also manage technical departments within an organization and ensure data is available, accurate and secure.</span>
bonds are basically known as
b)contracts