What is a capital expenditures budget?
What will be an ideal response?
The capital expenditures budget shows the dollar amounts estimated to be both received from plant asset disposals, as companies replace old assets with new ones, and spent to purchase additional plant assets the company will use to carry out the budgeted business activities.
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The gross profit ratio is computed by dividing net sales by gross profit
a. True b. False Indicate whether the statement is true or false
What is a strength of local mass media as a recruiting source?
A. Useful in short-term shortages B. Good for semiskilled or skilled line employees C. Targets specific recruits D. Self-selected recruits E. The company can target their recruiting much better than using other methods
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for overhead allocation is: Direct materials used$87,000 Direct labor used 160,000 Predetermined overhead rate (based on direct labor) 155%Goods transferred to finished goods 432,000 Cost of goods sold 444,000 Credit sales 810,000
A. Debit Work in Process Inventory $160,000; credit Cash $160,000. B. Debit Work in Process Inventory $248,000; credit Factory Overhead $248,000. C. Debit Work in Process Inventory $160,000; credit Factory Overhead $160,000. D. Debit Factory Overhead $248,000; credit Cash $248,000. E. Debit Work in Process Inventory $160,000; credit Factory Wages $160,000.
How is broadcast speech regulated by the federal government?
What will be an ideal response?