Business, 17.01.2020 19:31 amandafutch24
Wetzel company has the following accounts and balances at the end of the fiscal year:
longminus−term
notes payable
$155,000
accounts receivable
$30,000
accounts payable
$$42,000
building
$55,000
cash and cash equivalents
$74,000
salaries expense
$20,500
common stock
$ 24 comma 000$24,000
interest payable
$1,500
land
$44,000
shortminus−term
investments
$30,000
income taxes payable
$13,000
equipment
$59,500
supplies
$29,000
service revenue
$99,000
supplies expense
$38,000
utilities expense
$28,500
income tax expense
$ 20 comma 000$20,000
what is the total amount of liabilities at the end of theyear?
a.
$220,000
b.
$211,500
c.
$106,500
d.
$56,500
Answers: 2
Business, 22.06.2019 01:00
You are the manager in charge of global operations at bankglobal – a large commercial bank that operates in a number of countries around the world. you must decide whether or not to launch a new advertising campaign in the u.s. market. your accounting department has provided the accompanying statement, which summarizes the financial impact of the advertising campaign on u.s. operations. in addition, you recently received a call from a colleague in charge of foreign operations, and she indicated that her unit would lose $8 million if the u.s. advertising campaign were launched. your goal is to maximize bankglobal’s value. should you launch the new campaign? explain. pre-advertising campaign post-advertising campaign total revenues $18,610,900 $31,980,200 variable cost tv airtime 5,750,350 8,610,400 ad development labor 1,960,580 3,102,450 total variable costs 7,710,930 11,712,850 direct fixed cost depreciation – computer equipment 1,500,000 1,500,000 total direct fixed cost 1,500,000 1,500,000 indirect fixed cost managerial salaries 8,458,100 8,458,100 office supplies 2,003,500 2,003,500 total indirect fixed cost $10,461,600 $10,461,600
Answers: 2
Business, 22.06.2019 12:50
Afirm’s production function is represented by q(m,r) = 4m 3/4r1/3, where q denotes output, m raw materials, and r robots. the firm is currently using 6 units of raw materials and 12 robots. according to the mrts, in order to maintain its output level the firm would need to give up 2 robots if it adds 9 units of raw materials. (a) true (b) false
Answers: 3
Business, 22.06.2019 19:10
Fortress international, a large conglomerate, procures a few component parts from external suppliers and also manufactures some of the key raw materials in its own subsidiaries. aside from this, the company does not solely depend on outside distributors to reach its customers. in fact, it has its own retail stores to distribute its products. in this scenario, which of the following alternatives to vertical integration is fortress international applying? a. concentric integration b. taper integration c. horizontal integration d. conglomerate integration
Answers: 1
Business, 22.06.2019 19:30
Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above
Answers: 2
Wetzel company has the following accounts and balances at the end of the fiscal year:
...
...
English, 13.09.2020 22:01
Mathematics, 13.09.2020 22:01
Mathematics, 13.09.2020 22:01
Mathematics, 13.09.2020 22:01
Geography, 13.09.2020 22:01
Mathematics, 13.09.2020 22:01
Mathematics, 13.09.2020 22:01
Mathematics, 13.09.2020 22:01
Mathematics, 13.09.2020 22:01
Mathematics, 13.09.2020 22:01
Mathematics, 13.09.2020 22:01
Mathematics, 13.09.2020 22:01
Mathematics, 13.09.2020 22:01
Mathematics, 13.09.2020 22:01
Mathematics, 13.09.2020 22:01
Mathematics, 13.09.2020 22:01
Mathematics, 13.09.2020 22:01
History, 13.09.2020 22:01
Mathematics, 13.09.2020 22:01
Mathematics, 13.09.2020 22:01