HM
Hridya Mohan
Answers (6)
HM
Answered
When the transaction is registered, the creditor's rights include all of the following except
A) contractual remedies upon default.
B) the right to seize the security.
C) the right to resell the security.
D) the right to sue the debtor rather than seize security.
E) the right to order the debtor arrested or detained.
A) contractual remedies upon default.
B) the right to seize the security.
C) the right to resell the security.
D) the right to sue the debtor rather than seize security.
E) the right to order the debtor arrested or detained.
On Jul 17, 2024
E
HM
Answered
Myers Corporation has the following data related to direct materials costs for November: actual costs for 5,000 pounds of material at $4.50 and standard costs for 4,800 pounds of material at $5.10 per pound.What is the direct materials quantity variance?
A) $1,020 favorable
B) $1,020 unfavorable
C) $900 favorable
D) $900 unfavorable
A) $1,020 favorable
B) $1,020 unfavorable
C) $900 favorable
D) $900 unfavorable
On Jul 16, 2024
B
HM
Answered
The amount shown for "Other expenses" in the planning budget for November would have been closest to:
A) $34,100
B) $29,439
C) $33,800
D) $34,400
A) $34,100
B) $29,439
C) $33,800
D) $34,400
On Jun 17, 2024
D
HM
Answered
Rome Company's net accounts receivable was $200,000 at December 31,2013 and $350,000 at December 31,2014.Net cash sales for 2014 were $250,000.The accounts receivable turnover for 2014 was 8.0,and this turnover figure was computed from net credit sales for the year.
Required:
What were Rome's total net sales for 2014?
Required:
What were Rome's total net sales for 2014?
On Jun 16, 2024
$2,450,000
Feedback:Total net sales equals total credit sales plus total cash sales.The accounts receivable ratio is used to find total credit sales.Average receivables = ($200,000 + $350,000)÷ 2 = $275,000.Accounts receivable turnover = Total credit sales ÷ average receivables.8.0 = Total credit sales ÷ $275,000.Total credit sales = $2,200,000.Total net sales = $2,200,000 + $250,000 = $2,450,000
Feedback:Total net sales equals total credit sales plus total cash sales.The accounts receivable ratio is used to find total credit sales.Average receivables = ($200,000 + $350,000)÷ 2 = $275,000.Accounts receivable turnover = Total credit sales ÷ average receivables.8.0 = Total credit sales ÷ $275,000.Total credit sales = $2,200,000.Total net sales = $2,200,000 + $250,000 = $2,450,000
HM
Answered
The traditional role of savings and loan associations has been to lend money for _______.
On May 18, 2024
home mortgages
HM
Answered
Mindfulness seems to make people more inclined toward negative mood.
On May 17, 2024
False