Laroe lawns’ inventory increased during the year by $6.7 million. its accounts payable increased by $6.6 million during the same period. a. what is the amount of cash laroe paid to suppliers of merchandise during the reporting period if its cost of goods sold was $44 million? b. prepare a summary entry that represents the net effect of merchandise purchases during the reporting period.
Answers: 1
Business, 22.06.2019 02:20, selenaK9514
Archangel manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based on a percentage of direct labor costs. the production details for the year are given below. calculate the manufacturing overhead allocation rate for the year based on the above data. (round your final answer to two decimal places.) a) 42.42% b) 257.14% c) 235.71% d) 1, 206.90% archangel production details.
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Business, 22.06.2019 14:30, crystalryan3797
What’s the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%? $4,750 $5,000 $5,250 $5,513 $5,788what is the present value of the following cash flow stream at a rate of 8.0%, rounded to the nearest dollar? cash flows: today (t = 0) it is $750, after one year (t = 1) it is $2,450, at t = 2 it is $3,175, and at t=3 it is $4,400. draw a time line. $7,917 $8,333 $8,772 $9,233 $9,695
Answers: 2
Business, 22.06.2019 17:30, tysisson9612
You should do all of the following before a job interview except
Answers: 2
Laroe lawns’ inventory increased during the year by $6.7 million. its accounts payable increased by...
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