Response:
Refer to the explanation section
Clarification:
The disparity between the inventory count recorded and the actual count suggests that the goods in stock have either been sold or lost. For the sake of ongoing operations, it is presumed they have been sold. Accordingly, the journal entry to document the sale is -
December - 31 Cost of goods sold Debit 45,000
($415,000 - $370,000)
Merchandise Inventory Credit 45,000
(To record the sale of merchandise: adjusted)
Answer:
$146,150.00
Explanation:
Net income is calculated after taxes.
Here,
Sales = $820,000.00
Less: Expenses = -$540,000.00
Gross profit = $280,000.00
Less: Financial Expenses
Interest = -$36,000.00
Depreciation = -$59,000.00
Net profit before tax = $185,000.00
Less: Tax at 21% of $185,000.00 = - $38,850.00
Net Income (after taxes) = $146,150
Net income is always determined after accounting for tax.
$146,150.00
Response:
There will be an increase in equilibrium quantity, but the impact on equilibrium price remains uncertain.
Note:
Due to the scientists' discovery, demand for oranges will rise, as will the price.
Additionally, the introduction of new fertilizers will boost the supply of oranges, leading to a price decrease.
Taking both of these factors into account indicates that there will be a rise in equilibrium quantity, while the effect on equilibrium price cannot be determined.
<span>The median of a normal distribution is to an outlier as the lunar perigee relates to the lunar orbit. The lunar perigee represents the point where the moon is closest to the Earth. The moon's orbit is elliptical, meaning the perigee is the position of closest approach. At this point, the moon appears larger than its usual size. This variation in distance between the Earth and the moon results from the moon's changing position in its orbit.</span>
Answer:
It diminishes the interaction among individuals. It also blends work and personal life. It creates obstacles in showcasing workload. Technology interferes with the process.
Explanation:
Generally, the usage of telecommunication and technology comes with both advantages and downsides. While it simplifies communication and facilitates information exchange, there are also drawbacks associated with telecommunication as mentioned above.