Company C, an automobile manufacturer, sold 2 trucks to a customer for $60,000 on January 5, 2014. Each of the trucks has a manufacturing cost of $20,000. What would be the entry to record the transfer of inventory to the customer?

How does efficient frontier analysis (EFA) differ from other forms of complex risk assessment techniques? What limitations might an analyst encounter through the use of EFA?

In the context of inflation, which best describes substitution bias? Evaluating the price of a basket of goods over time does not account for changes that consumers make when the price of a particular good increases.

If jane brown closes her account at the first national bank and uses the money instead to open a money market mutual fund account, what happens to m1? why?

This problem has been solved! See the answer On December 1, Simpson Marketing Company received $2,700 from a customer for a marketing plan to be completed January 31 of the following year. The cash receipt was recorded as unearned fees.

In part, a transaction affects the accounting equation by decreasing an asset. There is no effect on liabilities.

Robert only consumes X and Y, and his indifference curves have the usual convex shape. Consider the consumption bundles (3, 9), (6, 6), and (9, 3) (Hint: The consumption bundles completely exhaust Robert's income).

Why is eskom not a profitable company

earned $ 155,000 of service revenue during 2018. Of the $ 155,000 earned, the business received $ 135.000 in cash. The remaining amount, $ 20,000 , was still owed by customers as of December 31.

What will you be least likely to be responsible of as part of the accounting team of your organization? A. reconciling accounts B. preparing financial statements C. monitoring accounting activities D.

27. A project has the following cash flows. What is the internal rate of return? Years Cash flow -$46,800 11,260 18,220 15,950 13,560 A. 9.75 percent B. 10.28 percent C. 10.60 percent D. 10.67 percent E. 9.07 percent