Answer:
Option (D) is correct.
Explanation:
Selling amount of equipment = $80,000
Purchasing price 2 years ago = $75,000
Depreciation expense = $20,000
Gain(Loss) = Cash proceeds - Book value
= $80,000 - ($75,000 - $20,000)
= $80,000 - $55,000
Capital gain = $25,000
Therefore, the amount and character of Bozeman's gain is $25,000.
Answer: 61,390 liters
Explanation:
If materials were added at the beginning, they will be 100% accounted for at the end of the process.
Equivalent Units = Units started and completed + Ending inventory
= Units completed - Beginning WIP + Ending inventory
= 59,110 - 2,900 + 5,180
= 61,390 liters
Answer:
Alaska = 46.99 units
Best buy = 58.34 units
Ford Motor = 584.11 units
Explanation:
<em>To determine the unit of each class of stock to purchase, we wll multiply each of the percentages by the total fund to be arrive the proportion of fund to be invested in each class. </em>
<em>Further more, we will divide the allocated amount by the share price per unit</em>
Shares to be purchased to have the given proportion would be '
Alaska (20%) =(20%× 10,000)/42.56= 46.99 units
Best buy (30%) = (30% × 10,000)/ 51.42 = 58.34 units
Ford Motor (50%) = (50% × 10,000)/ 8.56 = 584.11 units
Answer:
Total Net Sales = $1475000
Explanation:
Average Accounts Receivables = (250000 + 300000) / 2
Average Accounts Receivables = 275000
Accounts Receivables Turnover = Credit sales / Average Accounts Receivables
So,
5 = Credit Sales / 275000
5 * 275000 = Credit Sales
Credit Sales = $1375000
Total Sales = Credit Sales + Cash Sales
Total Sales = 1375000 + 100000 = $1475000
Answer:
The below solution will guide your believe of what should be appropriate qualitative assumptions for inherent risk.
Explanation: