Business, 24.03.2020 00:35 goreeefk5205
Quadros Inc., a Portuguese firm was acquired by a U. S. company on January 1, 2017. Selected account balances are available for the year ended December 31, 2018, and are stated in Euro, the local currency.
Euros
Sales 400,000
Inventory (bought on 2/1/18) 20,000
Equipment (bought on 1/1/17) 90,000
Dividends (paid on 9/1/18) 20,000
Accumulated depreciation, equipment (at 12/31/18) 45,000
Depreciation expense, equipment (for 2018) 9,000
Relevant exchange rates for 1 Euro are given below:
1/1/17 $.91
1/1/18 .93
2/1/18 .94
9/1/18 .97
12/31/18 1.01
4th quarter average, 2017 .90
4th quarter average, 2018 .98
Average, 2018 .95
Assume the functional currency is the U. S. Dollar; compute the U. S. balance sheet amount for accumulated depreciation for 2018.
Answers: 1
Business, 23.06.2019 00:10, riley01weaver1
Kcompany estimates that overhead costs for the next year will be $4,900,000 for indirect labor and $1,000,000 for factory utilities. the company uses direct labor hours as its overhead allocation base. if 100,000 direct labor hours are planned for this next year, what is the company's plantwide overhead rate?
Answers: 3
Business, 23.06.2019 08:20, lalaboooobooo
Marque a alternativa que apresenta somente as opções de financiamento com recursos internos: a) lucros, venda de ativos e recursos próprios. b) lucros, venda de ativos e redução no capital de giro. c) lucros, venda de ativos e recursos de familiares. d) lucros, venda de ativos e prorrogação nos prazos para receber os pagamentos dos clientes. e) lucros, venda de ativos e aumento do estoque de mercadorias.
Answers: 1
Quadros Inc., a Portuguese firm was acquired by a U. S. company on January 1, 2017. Selected account...
Mathematics, 06.10.2020 14:01
Medicine, 06.10.2020 14:01
English, 06.10.2020 14:01
Mathematics, 06.10.2020 14:01
History, 06.10.2020 14:01
History, 06.10.2020 14:01