Answer:
The cost of goods manufactured equals 650,000.
Explanation:
Based on the following details:
Beginning inventory= $250,000
Cost accumulated during the period= $500,000
Ending work in process inventory= $100,000.
To find the cost of goods manufactured, apply this formula:
cost of goods manufactured= beginning WIP + cost incurred - Ending WIP
cost of goods manufactured= 250,000 + 500,000 - 100,000
cost of goods manufactured= 650,000
Answer:
An increase of $5,000
Explanation:
Since Martha owns a primary residence in Houston and rented it out for 10 days this year, it qualifies as her personal residence because it's rented for fewer than 14 days, resulting in no deductions available for her rental income. Martha's Adjusted gross income will thus see an increase of $5,000.
Doc's ribhouse commenced with $52,000 in equity, generated $35,000 in net income, and distributed $12,000 in dividends. To find the ending equity, use the formula: Beginning Equity + Net Income - Dividends = Ending Equity. Plugging in the values gives us: $52,000 + $35,000 - $12,000 = Ending equity. This results in $52,000 + $23,000 = $75,000, confirming the ending equity is $75,000.
Answer:
A. Identifying several key ideas and determining the best way to structure them.
Explanation:
Effective communication occurs when the speaker conveys his thoughts accurately to the audience. The panel of experienced entrepreneurs is keen on investing in the project. With only 15 minutes for the meeting, it's crucial to focus on essential points and articulate their advantages for potential investors. The entrepreneur needs to deliver the key messages and arrange them effectively to create a lasting impression on the panel.
Answer:
To achieve a strong credit score, one must consistently manage debt repayments since they began borrowing.
Your friend is mistaken in thinking that everyone who made all payments on time within a single year has a high credit score, as this view overlooks prior years' activities.
Some individuals might have missed payments on earlier loans but managed to maintain timely payments in 2015. Although this can enhance their credit score, the score would still reflect a lower value due to previous behaviors that negatively impacted it.