Answer: 592.614
Explanation:
She should spend 592.614 on wants because 592.614 is 30% of 1975.38
Answer:
The journal entry to record the issuance of new stocks is:
Dr Cash 164,800
Cr Common stock 72,100
Cr Additional paid in capital in excess of par value 92,700
When you issue new stocks, the common stock account increases by par value (= 10,300 stocks x $7). Any money obtained over par value must be recorded under the additional paid in capital account (= 10,300 x $9).
Cameras barbed wire electric fence depends on the situation but mainly a security system
Answer:
Instructions are below.
Explanation:
Giving the following information:
According to the standard cost card, each helmet should require 0.55 kilograms of plastic, for $7.00 per kilogram.
First, we need to calculate the standard quantity of plastic to make 3,600 units.
Standard quantity= standard direct material required per unit* numbers of units
Standard quantity= 0.55*3,600= 1,980 kg
Now, we can determine the standard cost:
Standard cost= 1,980kg* $7= $13,860
A turnover of 7 times represents the company issued and collected trade credit, at the level of its accounts receivable balance, 7 times during the year.
The number of times per year that a company collects its average accounts receivable is referred to as accounts receivable turnover.Accounts receivable turnover is a measure used by accountants and analysts to assess how effectively businesses collect on credit given to customers.
The higher your receivable turnover ratio, the better, because it indicates that your customers pay their invoices on time and that your company collects debts efficiently. A higher turnover ratio also indicates improved cash flow and a more solid balance sheet or income statement.
To know more about receivables turnover, click here.
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