Asole proprietorship was started on january 1, 2014, when it received $30,000 cash from alex ard, the owner. during 2014, the company earned $50,000 in cash revenues and paid $22,300 in cash expenses. ard withdrew $10,000 cash from the business during 2014. required prepare an income statement for ard’s 2014 fiscal year.

What does the phrase limited liability mean in a corporate context?

Which statement about the cost of the options is true? she would save $1,000 by choosing option b. she would save $5,650 by choosing option a. she would save $11,200 by choosing option b. she would save $11,300 by choosing option a.

Kenney co. uses process costing to account for the production of canned energy drinks. direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. equivalent units have been calculated to be 19,200 units for materials and 16,000 units for conversion costs. beginning inventory consisted of $11,200 in materials and $6,400 in conversion costs. april costs were $57,600 for materials and $64,000 for conversion costs. ending inventory still in process was 6,400 units (100% complete for materials, 50% for conversion). the total cost per unit using the weighted average method would be closest to: