Answer: $1,400,000
Explanation:
The checks to creditors were only mailed out in January so the creditor accounts had not been settled in December.
The goods purchased on December 28 should be included in the accounts payable account.
The goods that were shipped FOB Destination and were not yet delivered at year end will not be accounted for because FOB destination means that Dole will only take ownership when it reaches them.
Accounts payable is therefore:
= 900,000 + 350,000 + 150,000
= $1,400,000
There are numerous types of part time jobs are available nowadays in order to earn money for the qualified workers. People can earn through part-time jobs without quieting their full-time opportunities.
<h3>
How much does Percy earn each hour? </h3>
Correct option is C.
For the answer to the two questions above,
3x + 2y = 36.50.... (1)
2x + 5y = 50..... (2)
Then, Eliminating x from the two equations by subtraction:
First we multiply equation 1 by 2 and equation 2 by 1.
6x + 4y = 73
6x + 15y = 150
After that, Subtracting the two,
-11y = -77
y=-77/-11
y = 7
He earns $7 at the coffee cart.
Then, Substituting y into equation 1,
3x + 14 = 36.5
3(7)+14=36.5
x = $7.50
Therefore, he earns a greater wage of $7.50 at the library.
Learn more about part-time jobs, refer to the link:
brainly.com/question/919744
Priya Rahavy, M.D., is a general practitioner whose offices are located in the Lake Forest Professional Building. In the past, Dr. Rahavy has operated her practice with a nurse, a receptionist/secretary, and a part-time bookkeeper. Dr. Rahavy, like many small-town physicians, has billed her patients and their insurance companies from her own office. The part-time bookkeeper, who works 15 hours per week. is employed exclusively for this purpose.
North Avenue Physician's Service Center has offered to take over all of Dr. Rahavy's billings and collections for an annual fee of $24,000. If Dr. Rahavy accepts this offer, she will no longer need the bookkeeper. The bookkeeper's wages and fringe benefits amount to $20 per hour, and the bookkeeper works 50 weeks per year. With all the billings and collections done elsewhere, Dr. Rahavy will have three additional hours available per week to see patients. She sees an average Of four patients per hour at an average fee of $30 per visit. Dr. Rahavy's practice is expanding, and new patients often have to wait several weeks for an appointment. She has resisted expanding her office hours or working more than 50 weeks per year. Finally, if Dr. Rahavy signs on with the center, she will no longer need to rent a records storage facility for $200 per month.
a. Conduct a relevant cost analysis to determine if it is profitable to outsource the bookkeeping.
Answer:
a. True
Explanation:
The computation of the average accounts receivable balance is shown below:
= Daily credit sales × day terms
= $2,000 × 60 days terms
= $120,000
We simply multiplied the average amount with the day term so that the average account receivable balance could come
Hence, the given statement is true
Therefore the correct option is a.