Give reasons why migration and income inequality is positively related.

Q: Notre Company transfers a product from division N to division R. Variable cost of this product is…

A: A transfer price is based on market prices in charging another division, subsidiary, or holding…

Q: Based on the data for

A: Quick ratio = Current assets - Inventory - Prepaid Expenses / Current liabilities Current…

Q: A company had net sales of $21,000 and accounts receivable of $2,520 for the current period. Its…

A: Solution: Net Sales = $21,000 Accounts receivables = $2,520 Day's sales uncollectible = Accounts…

Q: The following selected accounts and their current balances appear in the ledger of Kanpur Co. for…

A: The balance sheet represents the financial position of the company including the assets,…

Q: processing costs up to the split-off point total $75,000 per quarter. The company allocates these…

A: The decision of further processing of joint products is based in incremental analysis. If the…

Q: nd it has an estimated MV of $12,000 at the end of an estimated useful life of ted depreciation in…

A: Given data is − Initial cost of Asset, X = $60,000 Scrap value of Asset, S = $12,000 Useful life of…

Q: 3. Julia buys a notebook with a cost of PhP45. The rate of mark-up based on cost is 25%. Find the…

A: >Markup is the amount added to the cost to get the selling price. >It can be based on selling…

Q: . The SF Method  (Sinking Fund Method)

A: Given data is − Initial cost of Asset, X = $60,000 Scrap value of Asset, S = $12,000 Useful life of…

Q: The main automobile manufacturers have plans to spend millions of dollars on the research and…

A: Answer:-  Automobile meaning:- A automobile, often known as a motorcar or car, is a four-wheeled…

Q: How much is the company's expected total Nat Operating Income for the 2nd quarter ending on June 30?

A: NOI is a Profit before-tax appearing on a company's income and cash flow statement, that excludes…

Q: A company's trial balance at 31 December 2021 shows a debit balance of GHS700,000 on current tax and…

A: The tax charges for the year are the sum total of the tax already paid in the current year and any…

Q: nds that it can draw on. o reduce collection time t wear to operate.

A: Lock box is a system where that can be utilized to reduce the time between customer sending a check…

Q: A printing machine initially costs ₱115,000. It can be sold for ₱15,000 at the end of its 8-year…

A: Introduction:- Straight line depreciation is a common and simplest method of calculation…

Q: Sales for April, May, June, and July will be $310,000, $330,000, $320,000, and $340,000,…

A: Account receivable shows the amount of sales which is not received yet. In simple, it represents the…

Q: In January 2020, Domingo, Inc., acquired 20 percent of the outstanding common stock of Martes, Inc.,…

A: The equity method is a technique in accountancy that a firm uses to recognize earnings out of its…

Q: Malit Corporation has a total shareholders' equity of P1,000,000, including retained earnings of…

A: Stockholders are the company's business owners who invest in the company's equity. As a return on…

Q: Waterway Corporation is considering purchasing a new delivery truck. The truck has many advantages…

A: Time value of money: The value of money changes over a period time. The value of money depends on…

Q: Intangible Asset & Impairment PT Cabo is operating in the cosmetics industry. A company-owned…

A: a. First of all we have to calculate impairment loss for the year 2021. Impairment loss (2021) =…

Q: 5

A: Standard Costing: It is the techniques of cost control comprises of ascertainment and use of…

Q: 3. On June 1, 2020, Company AAA has 10 units of inventory with a unit cost of $5. The company…

A: Last in, first out (LIFO) is a method used to account for inventory that records the most recently…

Q: Please help with this question

A: Issue of bonds is a Financial Liability. This is because the Company has to pay a fixed amount of…

Q: ing:

A:

Q: Chapter : Inventory San Corp. conducts an assessment of the inventory held at the end of 2022. The…

A: The Inventory will be valued at lower of two  1. Cost or  2. Net Realizable Value (Selling Price…

Q: National Co.’s evaluation of its cash outlay required indicates that it needs 500,000 for the year.…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Which of the following describes disjoint events? Select one: a.Planning a picnic: Event that…

A: Disjoint events are events that never occur at the same time. These are also known as mutually…

Q: On April 1, Cyclone Company purchases a trencher for $320,000. The machine is expected to last five…

A: Depreciation: Depreciation means the reduction in the value of an asset over the life of the assets…

Q: 15. If you're single and your 2022 income is going to be $60,000 and you take the standard…

A: As per IRS for 2022 the federal tax rate schedule for a single filer are as below: If taxable…

Q: A dump truck was bought for P $ 30,000 six years ago.  It will have a salvage value of $ 3,000 four…

A: Answer  -    Given, C0 =30,000 Cl = 3,000 L = 6+4 = 10yrs n = 6 i = 6% Resale value = 8,000.00

Q: 1. When the prevailing interest rate in the market is 8% and the stated interest rate in the bonds…

A: Accounting for bonds A bond trade on premium when market rate of interest is lower than stated…

Q: Culver Company produces a product in two departments: (1) Mixing and (2) Finishing. The company uses…

A: Process costing is used when the products produced are of the similar manner and passes through…

Q: Susan, a single taxpayer, bought her home 25 years ago for $30,000. She has lived in the home…

A: Tax is a liability calculated on the income earned and paid to the government. It acts as revenue…

Q: phantom shares (cash payment equal to the value of 1,200 shares) or 1,500 shares with par value of…

A:

Q: A printing machine initially costs ₱160,000. It can be sold for ₱15,000 at the end of its 6-year…

A: Depreciation formula for declining balance method  =Book value of asset* depreciation rate

Q: A printing machine initially costs ₱179,000. It can be sold for ₱15,000 at the end of its 10-year…

A: Depreciation: Depreciation means the reduction in the value of an asset over the life of the assets…

Q: rsity produces a product company curren selling 9,360 the product which represent £143,400. Total…

A: Cost profit volume analysis helps to identify the posts under variable and fixed categories. Sales…

Q: epreciation method which uses a depreciation rate that is a multiple of the straight-line rate is…

A: Solution: There are various methods of depreciation computation on plant assets. These include…

Q: . On December 31, 2021, the carrying amount of the investment is BC Company purchased 25% of the…

A: Solution Concept Investment In associate The investment in associate is recorded at cost on initial…

Q: On Jan. 1, 20x1, an entity has an outstanding note payable with carrying amount of P 1,000,000. On…

A: Introduction:- Notes payable is a liability account. It is a written promissory note. As per notes…

Q: What do you mean by Working capital? 2. What are the types of working capital?

A: Working capital is the amount of capital which is used by the business in its routine operations.

Q: Units Sold at Retail Date August 1 August 5 Activities Beginning inventory Purchase Purchase Units…

A: The question is asking about the VALUE OF CLOSING INVENTORY not the COST OF INVENTORY SOLD, what you…

Q: Kenjie owns shares of stocks of Luna Corporation ,a domestic corporation. He decided to sell the…

A: Donor's Tax shall be levied at 6% on the amount of gift/donation made over and above P250,000.   For…

Q: Noora Company manufactures quality hair care product. The ingredients are combined in the mixing…

A: Cost reconciliation is a reconciliation between costs to be accounted for (that is beginning…

Q: 4. A private university professor who receives a basic monthly salary of P80,000.00, a living…

A:

Q: Nicole's bookkeeper records three items: $1,000 of prepaid expense being used . $5,000 cash…

A: The adjustment entries are prepared to adjust the revenue and expenses of the current period.

Q: 2018 852,000 2017 912,000 Stal revenue expenses. osts of goods sold 402,000 $ 408,000 264,000 10,500…

A: The horizontal analysis is performed to compare the financial results of two different years.

Q: A company working at 90% capacity is producing 13,500 units per year. It follows flexible budget…

A: The differential cost can refer to the difference in cost when there are two alternatives, it…

Q: The balance sheets at the end of each of the first two years of operations indicate the following:…

A: Formula:  Price-earnings ratio on common stock = ( Net income - Preferred dividend ) / Total shares…

Q: Example: B-ball, Inc. manufactures basketballs as follows: Monthly productive capacity | 12,500…

A: Variable cost means the cost which vary with the level of output where as fixed cost remain fixed…

Q: Example of the cost center responsiblity is O 1. Investing in long term assets O2. Purchasing of…

A: Investing in long-term assets is not the cost for the company and the purchasing of the inventory is…

Q: of each month. At 6% compounded semiannually what is the required time?

A: More is compounding more is the effective interest and more is interest being accumulated over the…