The batteries will be recognized and treated as Fixed cost in the renewable energy industry.
Renewable-energy industry are the industry that generates power from the infinite resources provided by the nature.
The Renewable-energy industry can be divided into 5 and includes hydroelectric power, wind power, bio-energy, solar energy and geothermal energy industry.Industries like Solar Energy industry often use Batteries to store energy for usage when the Sun foes down.The batteries will be classified as Fixed Cost because its facilitate the day to day operations due the increase in demand for energy.
Therefore, in conclusion, the correct answer is D.
Read more on this here
brainly.com/question/2405041
EBIT of $2 million, total assets of $10 million, stockholders’ equity of $4 million, and pretax interest expense of 10 percent. What is AQ&Q’s indifference level of EBIT? Select one: a. $2.0 million b. $1.78 million c. $1.0 million d. $1.5 million
c $1.0 million
Explanation:
if wrong answer
8. Who are the top two export partners of the United States?
a. Japan and China
b. Canada and the United Kingdom
c. Mexico and Canada
d. Mexico and China
e. The United Kingdom and Japan
Huff Company presents the following items derived from its December 31, 2019, adjusted trial balance:
Sales (net) $124,000 Operating expenses $30,400
Interest expense 3,700 Common stock, $5 par 22,000
Cost of goods sold 66,200 Retained earnings, 1/1/201 945,800
The following information is also available for 2019 and is not reflected in the preceding accounts:The common stock has been outstanding all year. A cash dividend of $1.28 per share was declared and paid.
Land was sold at a pretax gain of $6,300
Division X (a major component of the company) was sold at a pretax gain of $4,700.
It had incurred a $9,500 pretax operating loss during 2019.
A tornado, which is an unusual event in the area, caused a $5,400 pretax loss.
The income tax rate on all items of income is 30%.
The average shareholders' equity is $90,000.
Required:
a. Prepare a 2016 multiple-step income statement for Huff.
b. Prepare a 2016 retained earnings statement.
Answer:
letter a.po sagot diyan
Harvey quit his job at State University, where he earned $62,000 a year. He figures his entrepreneurial talent or forgone entrepreneurial income to be $4,000 a year. To start the business, he cashed in $50,000 in bonds that earned 10 percent interest annually to buy a software company, Extreme Gaming. In the first year, the firm sold 10,000 units of software at $72 for each unit. Of the $72 per unit, $60 goes for the costs of production, packaging, marketing, employee wages and benefits, and rent on a building. The accounting profit of Harvey's firm in the first year was: _________
Answer:
Accounting profit = 120,000
Explanation:
Accounting profit = total revenue - explicit costs
Accounting profit = 72*10,000 - 60*10,000
= 720,000 - 600,000 = 120,000
Suppose you have the following information about a fictitious economy. Assume there are no taxes in this economy. Disposable Income and Consumption Disposable Income (dollars) Consumption (dollars) $0 $9,000 8,500 15,500 18,500 22,000 28,500 28,500 38,500 35,000 48,500 41,500 Instructions: In parts a and c, enter your answers as a whole number. In part b, round your answers to two decimal places. a. What is the equilibrium level of consumption
The equilibrium level of consumption is $28500.
The equilibrium level of consumption is at the point where the disposable income is equal to the consumption.
If this was properly placed in a tabular form, we would clearly see that when the disposable income was at $28500, the consumption in dollars was also at the same price level.
Given this condition, we can conclude in economics that consumption is at its level of equilibrium.
Read more on https://brainly.com/question/14670879?referrer=searchResults
On January 1, 2021, Ackerman Company acquires 80% of Seidel Company for $1,712,000 in cash consideration. The remaining 20 percent noncontrolling interest shares had an acquisition-date estimated fair value of $428,000. Seidel’s acquisition-date total book value was $1,700,000. The fair value of Seidel’s recorded assets and liabilities equaled their carrying amounts. However, Seidel had two unrecorded assets—a trademark with an indefinite life and estimated fair value of $245,000 and several customer relationships estimated to be worth $180,000 with four-year remaining lives. Any remaining acquisition-date fair value in the Seidel acquisition was considered goodwill. During 2021, Seidel reported $172,000 net income and declared and paid dividends totaling $50,000. Also in 2021, Ackerman reported $350,000 net income, but neither declared nor paid dividends. What amount should Ackerman assign to the 20 percent noncontrolling interest of Seidel at the acquisition date? How much of 2021 consolidated net income should be allocated to the noncontrolling interest? What amount of 2021 dividends should be allocated to the noncontrolling interest? What amount of noncontrolling interest should appear in the owners’ equity section of Ackerman’s consolidated balance sheet at December 31, 2021?
If on January 1, 2021, Ackerman Company acquires 80% of Seidel Company for $1,712,000 in cash consideration. The remaining 20 percent noncontrolling interest shares had an acquisition-date estimated fair value of $428,000:
How much of 2021 consolidated net income should be allocated to the noncontrolling interest is $428,000 How much of 2021 consolidated net income should be allocated to the noncontrolling interest is $25,400 What amount of 2021 dividends should be allocated to the noncontrolling interest is $10,000What amount of noncontrolling interest should appear in the owners’ equity section of Ackerman’s consolidated balance sheet at December 31, 2021 is $443,400a) The Non controlling interest has to be recognized at fair value of the amount of $428,000 as on acquisition date
b) Income attributable to NCI of seidel company:
Net income earned bu siedel during the year 2021 $172,000
Less: Amortization of customer relationship asset ($45,000)
($180,000/4)
Net income earned after adjustment $127,000
($172,000-$45,000)
20% share attributable to NCI of seidel company $25,400
($127,000×20%)
c) Dividend allocation to Non controlling interest is 20% of the total dividend declared and paid
Dividend allocation =$50,000×20%
Dividend allocation =$10,000
d) Calculation of Non controlling interest as on December 31,2021:
Opening balance of NCI $428,000
Add: Income for year 2021 $25,400
Less: Dividend allocated ($10,000)
Closing balance of Non Controlling Interest $443,400
Learn more here:
https://brainly.com/question/16625691
Linwood Johnson has a check for $1395.50 in a check for 876 callers and $.25 he also has $10 in one dollar bills he would like to receive $475 in cash and deposit the rest of the money in the savings account watch the total deposit
Answer:
$1806.75 is the deposit
Explanation:
Add 1395.50, 876.25, and 10 together. Then from that amount subtract 475 then there is your answer
What benefits will the promotion of consumption and sales revenue bring to businesses?
Answer:
Bankrupt rawr dollars pesos yen won yuan
Hàm số cầu của tảo hàng năm có dạng: Qd = 10 – P/2. Mùa thu hoạch năm trước là 8 ngàn tấn. Năm nay, thời tiết không thuận lợi nên lượng thu hoạch táo năm nay chỉ đạt 7 ngàn tấn ( táo không thể tồn trữ)
Answer:
am sorry plz write your question in English
what is a current account?
Answer:
a bank account from which you can take out your money when you want, with a cheque book or cash cardExplanation:
HOPE IT HELPS
Exercise 4-7 (Algo) Effects of sales transactions on income statement LO P2
Use the above informations, analyze each transaction by indicating its effects on the income statement-specifically, identify the
accounts and amounts (including + or -) for each transaction.
The Effects of Sales Transactions on the Income Statement are as follows:
Revenue Side:
May 5 Sales Revenue $21,000
May 7 Sales Returns -$1,750
May 8 Sales Allowance -$300
Net Sales Revenue = $18,950
Costs:
May 5 Cost of goods sold $15,000
May 7 Inventory -$1,250
Cost of goods sold = $13,750
Operating Income:
Net Sales Revenue $18,950
Cost of goods sold -13,750
Gross profit $5,200
May 15 Cash Discounts -$379
Operating profit $4,821
Data Analysis:
May 3 Inventory $20,000 Cash $20,000
May 5 Accounts Receivable (Macy Co.) $21,000) Sales Revenue $21,000 credit terms 2/10, n/60.
Cost of goods sold $15,000 Inventory $15,000
May 7 Sales Returns $1,750 Accounts Receivable (Macy Co.) $1,750
Inventory $1,250 Cost of goods sold $1,250
May 8 Sales Allowance $300 Accounts Receivable (Macy Co.) $300
May 15 Cash $18,571 Cash Discounts $379 Accounts Receivable (Macy Co.) $18,950
Thus, the transactions' effects will produce an operating income of $4,821 for the period.
Learn more: https://brainly.com/question/21307121
Assignment I
1. On March 1, 2020, Tahir Muktar, a famous businessman in Addis, opened a business named “Universal Garage” which is organized as a sole proprietorship. The business is established to render car repair, maintenance and related services for fees. Below are chart of accounts for and selected transactions completed by Universal Garage in March 2020.
a) Chart of accounts
Universal Garage
Chart of Accounts
100 ASSETS
110 CURRENT ASSETS
111 Cash
112 Accounts Receivable
114 Supplies
116 Prepaid Rent
117 Prepaid Insurance
120 PLANT ASSETS
121 Land
123 Machinery
123.1 Accumulated Depreciation-Machinery
125 Office Equipment
0.1 Accumulated Depreciation-Office Equipment
200 LIABILITIES
210 CURRENT LIABILITIES
211 Account Payable
213 Salaries Payable
216 Interest Payable
220 NON-CURRENT LIABILITIES
221 Long-term Bank Loan
300 OWNER'S EQUITY
301 Tahir, Capital
302 Tahir, Drawings
303 Incomes Summary
400 REVENUES
401 Fees Earned
410 Other Income
500 EXPENSES
501 Salary Expenses
502 Supplies Expenses
503 Rent Expenses
504 Insurance Expenses
505 Depreciation Expenses
506 Interest Expenses
510 Miscellaneous Expenses
b) Transactions
Mar 1 Received the following assets from its owner, Tahir:
Cash....................................... Br, 8,300
Supplies ................................. 2,000
Office Equipment................... 10,000
2 Borrowed Br 5,000 from Dashen Bank
3 Paid Br 1,800 for rent on a building leased for business purposes
3 Purchased welding and other repair machinery for Br 3,600 cash
4 Paid Br 200 for a radio advertisement
8 Sold for Br 200 cash an old office equipment with a recorded cost of Br 200
13 Paid weekly salary Br 1,200
16 Received Br 4,400 from services rendered on cash
20 Paid weekly salary Br 1,200
20 Received Br500 royalties for idle repair machinery it leased to other businesses
20 Delivered service on credit, Br 6,000
21 Purchased additional repair machinery on account for Br 2,000 from Sámi-Engineers
23 Received Br 5,000 additional cash investment from its owner
24 Repaid Br 1,000 bank loan and paid Br 100 interest on bank loan
26 Purchased supplies for Br 800 cash
27 Paid Br 100 for customer entertainment and other items
27 Paid weekly salary Br 1,200
31 Paid Br 500 for electricity and other utilities consumed during the month
31 Received Br 4,200 cash from credit customers
31 Paid Tahir Br 1,800 for personal uses
Required:
a) Journalize the above transactions in a two-column journal
b) Post the journal entries to “T” accounts
c) Prepare and complete a worksheet based on the following additional information
i. Cost of supplies remained unconsumed on Mar 31 is Br 900
ii. The amount paid on Mar 3 is for a three-month rent
iii. The amounts of depreciation for machinery and office equipment are estimated to be Br 560 and Br 1,900 respectively
iv. Universal Garage usually pays Br 1,200 for employee's salary every saturday for a six-day work week ended on that day
v. Interest on bank loan accrued but not paid on March 31 total Br 100
d) Prepare financial statements for the month
e) Journalize and post adjusting entries
f) Journalize and post closing entries
g) Prepare post-closing trial balance
Answer:
bla boa black sheep have u any wool no sir no sir
What is sociology? Types sociology
The two major types of sociology that emerged were qualitative sociology and quantitative sociology. ... Today, most universities use both qualitative and quantitative methods of inquiry, and one method is not necessarily better than the other.
▪▪▪ Cutest Ghost▪▪▪Phân tích điều kiện bản thân với tư cách là người chủ doanh nghiệp
Answer:
iwan ko load anong subject bayan hahahsha
Why Corporations Hedge?
Answer:
A hedge is an investment that is made with the intention of reducing the risk of adverse price movements in an asset. Managers hedge because they are undiversified
1. "The apartment was so cool, but there is no bus stop within miles and I don't have a car."
Bryant Manufacturing produces its product in two sequential processing departments. During October, the first process finished and transferred 310,000 units of its product to the second process. Of these units, 65,000 were in process at the beginning of the month and 245,000 were started and completed during the month. At month-end, 45,000 units were in process. Using the FIFO method, compute the number of equivalent units of production for direct materials for the first process for October assuming that beginning work in process inventory is 30% complete for direct materials cost and ending inventory is 80% complete for direct materials cost.
The number of equivalent units of production for direct materials for the process for October is 326,500 units.
Given Information
Beginning work in process inventory = 65,000 unitsPercentage completion of beginning inventory = 30%Ending work in process inventory = 45,000 unitsUnits started and completed during the period = 245,000 unitsPercentage of completion of Ending work in process inventory = 80%Equivalent Units of Production (FIFO) = [Beginning work in process inventory x Percentage completion of beginning work in process inventory] + Units started and completed during the period + [Ending work in process inventory x Percentage of completion of Ending work in process inventory]
Equivalent Units of Production (FIFO) = [65,000 x 100%-30%} + 245,000 + [45,000 x 80%]
Equivalent Units of Production (FIFO) = 45,500 + 245,000 + 36,000
Equivalent Units of Production (FIFO) = 326,500 units.
Therefore, the number of equivalent units of production for direct materials for the first process is 326,500 units.
See similar solution here
brainly.com/question/15732992
Nội dung bài nộp:
- Một biên bản thỏa thuận với các vai trò và trách nhiệm
- Ba báo cáo trạng thái theo yêu cầu lưu trữ hồ sơ: 25%, 50% và 75%.
- Báo cáo quản lý rủi ro: các yêu cầu thay đổi và / hoặc nhật ký vấn đề
- Dự thảo chuyển giao đảm bảo được chất lượng dự án.
- Các sản phẩm cuối cùng của dự án.
Question 9
A wage is a specific amount of money paid per
Answer:
a wage is a specific amount of money paid per business day
Citee Corp. has no debt but can borrow at 6.7 percent. The firm’s WACC is currently 9.5 percent, and the tax rate is 24 percent. a. What is the company’s cost of equity? b. If the firm converts to 30 percent debt, what will its cost of equity be? c. If the firm converts to 60 percent debt, what will its cost of equity be? d-1. If the firm converts to 30 percent debt, what is the company’s WACC? d-2. If the firm converts to 60 percent debt, what is the company’s WACC?
1. Which is most likely the reason why policymakers would impose a a price ceiling on the market for coffee?
A. Policymakers have thoroughly studied the effects of a price ceiling in this market and find there will be no adverse effects from this policy.
B. Buyers of coffee feel they would benefit from a price ceiling and have pressured policymakers to impose a ceiling on this market.
C. Sellers of coffee feel they would benefit from a price ceiling and have pressured policymakers to impose a ceiling on this market.
D. Buyers and sellers agreed that the policy will be mutually beneficial and together have pressure policymakers to impose a ceiling on this market.
2. Which is most likely the reason why policymakers would impose a a price floor on the market for dairy?
A. Policymakers have thoroughly studied the effects of a price floor in this market and find there will be no adverse effects from this policy.
B. Consumers of dairy feel they would benefit from a price floor and have pressured policymakers to impose a floor on this market.
C. Dairy farmers feel they would benefit from a price floor and have pressured policymakers to impose a floor on this market.
D. Buyers and sellers agreed that the policy will be mutually beneficial and together have pressure policymakers to impose a floor on this market.
Answer:
1. B- Buyers of coffee feel they would benefit from a price ceiling and have pressured policymakers to impose a ceiling on this market.
2. C- Dairy farmers feel they would benefit from a price floor and have pressured policymakers to impose a floor on this market.
The most likely reason why policymakers would impose a a price ceiling on the market for coffee is buyers of coffee feel they would benefit from a price ceiling and have pressured policymakers to impose a ceiling on this market.
The most likely reason why policymakers would impose a a price floor on the market for dairy is Dairy farmers feel they would benefit from a price floor and have pressured policymakers to impose a floor on this market.
A price ceiling is when the government sets the maximum price for a good. A price ceiling is set below the equilibrium price so it benefits consumers of a good. Sellers, on the other hand, are disadvantaged because the profits they would earn would reduce.
A price floor is when the government sets the minimum price for a good. A price floor is set above equilibrium price. These benefits sellers because they earn more profits. On the other hand, buyers are disadvantaged because goods become more expensive.
To learn more about a price ceiling, please check: brainly.com/question/24312330?referrer=searchResults
describe the 5 office layout.
Answer:
The five most popular would be the...
Cubicle Office layout. This is the most popular and is basically a box with an opening.
Open Office layout. This is several rows of large desks. By definition, it is not very enclosed.
Co-Working Office layout. Less common, these are offices rented out to employees by third parties.
Team-Cluster Office layout. For teams working on something, this is a good way to go. One table where you can easily work together on things with each other as you go.
Hybrid Office layout. This one is a mix of a few others and customizable to a workplace's specific needs. Some of these don't even feel like offices!
1. Read the following scenario and answer the question in 5-10 sentences. You are an expert in the field of advanced laser technology. You believe there is a profitable, though risky, commercial market opportunity for a new and more effective photonic crystal laser. The investment could result in a financial success, but could also result in no new innovations even after significant research costs. It requires a number of experts to coordinate in order to develop the new lasers. You invite eleven people that have never worked together to develop the new technology. You want to form a limited liability company in order to protect the interests of all participants. Evaluate the possible management structures and key terms of any operating agreement that should be considered in order to form an LLC.
The possible management structures and key terms of any operating agreement that must be considered to form an LLC are related to responsibility sharing, as an LLC is a type of entity owned by its partners.
Some features of the LLC are:
Less formality.Tax savings.Flexible management.Simple organizational structure.Therefore, the LLC is a single hybrid entity, more streamlined than a corporation, with the advantage that this proprietorship has limited liability protection.
Management is also more flexible, with decision-making being possible to be shared among its members, regardless of hierarchy.
It is also important to highlight the taxes, as in an LLC the taxation is simpler, with the losses and gains being reported in the tax returns, which helps to offset the income.
So this is a more streamlined and protected form of partnership that can be managed by a group of members more securely than a corporation.
It has less formal requirements to exist, and in case of bankruptcy or debt, there is greater protection for each member's personal property, as in an LLC the debts and obligations cannot be greater than the initial capital invested in the company.
Learn more here:
https://brainly.com/question/18567855
Something of value that is stored on a computer is called a
A. digital asset
B. digital avatar
C. digital device
D. digital payment
Answer:
A. Digital Asset
Explanation:
Answer: digital asset
Explanation:it’s right
Which of the following helps determine something's value?
O A. utility
O B. beauty
O C. scarcity
D. both A and C
Answer:
D. Both A and C
Explanation:
Items that are more useful and/or more rare, result in higher prices (and if both are true, even higher prices). If an item is rare but useless, the price would be lower. If an item is useful and not rare (think batteries or paper towels) the price lowers.
Both utility and scarcity help to determine something's value. Option (d) is correct.
According to the law of diminishing marginal utility, the enjoyment or utility that a person derives from an item or a product decreases as they consume more and more of it.
According to the law of diminishing marginal utility, a good or service's marginal utility decreases the more of it is used by a person. Consuming increasing quantities of a good gives economic actors less and less pleasure.
A product's life cycle is covered by a number of laws of diminishing marginal units, each of which is distinct but tangentially connected.
Therefore, Option (d) is correct.
Learn more about marginal utility, here;
https://brainly.com/question/30841513
#SPJ6
Which of the following is an example of unearned income?
Compensation received by a self-employed, freelance writer for services provided.
Interest earned on a savings account.
Tips.
Wages from a part-time job.
Answer:
c
Explanation:
Interest earned on a saving account represent the example of unearned income.
The following information regarding the unearned income is:
Unearned income means income i.e. not earned from regular employment.It is like a passive income like interest or any dividends from investments etc.Learn more: brainly.com/question/17429689
5. Which of the following describes a business want?
a higher ROMI
increased profits
a new advertising campaign
decreased expenses
Answer:
so its increased profits
The monthly demand for a part is 1,500 units.
(a) EOQ, (b) annual holding cost, (c) annual order cost, and (d) annual total inventory cost.
Explanation:
Jhfhfnfbsnnfnf is a great place to work
Anong ahensya kaya ng gobyerno ang dapat makialam sakasong ito?
DEPARTMENT OF ENVIRONMENT AND NATURAL RESOURCES(DENR)
Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $159,000 Credit sales, $459,000 Selling and administrative expenses, $119,000 Sales returns and allowances, $39,000 Gross profit, $499,000 Accounts receivable, $195,000 Sales discounts, $23,000 Allowance for doubtful accounts credit balance, $2,100 Flyer estimates bad debt expense assuming that 2% of credit sales have historically been uncollectible. What is the balance in the allowance for doubtful accounts after bad debt expense is recorded?
If Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $159,000 Credit sales, $459,000. Flyer estimates bad debt expense assuming that 2% of credit sales have historically been uncollectible. The balance in the allowance for doubtful accounts after bad debt expense is recorded will be: $11,280
First step is to determine the estimated bad debt expense
Bad debts expense=($459,000×2%)
Bad debt expense=$9,180
Now let determine the balance in the allowance for doubtful accounts after bad debt expense is recorded
Balance in allowance for doubtful accounts=$9,180+$2,100
Balance in allowance for doubtful accounts=$11,280
Inconclusion if Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $159,000 Credit sales, $459,000. Flyer estimates bad debt expense assuming that 2% of credit sales have historically been uncollectible. The balance in the allowance for doubtful accounts after bad debt expense is recorded will be: $11,280
Learn more here:
https://brainly.com/question/21504813