Reference no: EM132512010
Selected information from the separate and consolidated balance sheets and income statements of Mussel, Inc., and its subsidiary, Shel Co., as of December 31, Year 4, and for the year then ended, is presented below.
Additional information:
During Year 4, Mussel sold goods to Shel at the same markup on cost that Mussel uses for all sales.
Mussel Shel Consolidated
Balance sheet accounts
Accounts receivable $ 52,000 $ 38,000 $ 78,000
Inventory 60,000 50,000 104,000
Income statement accounts
Revenues $400,000 $280,000 $616,000
Cost of goods sold 300,000 220,000 462,000
Gross profit $100,000 $ 60,000 $154,000
Question 1: At December 31, Year 4, what was the amount of Shel's payable to Mussel for intraentity sales?
Option 1: $12,000
Option 2: $58,000
Option 3: $64,000
Option 4: $6,000
Residents of the opportunity cost of an hour of time
: The table below gives the distribution among residents of the opportunity cost of an hour of time.
|
Find what will the cash flows for the project be
: Find What will the cash flows for the project be. The original cost of the old oven was $41,000; it now five years old, and it current market value of $18,000.
|
Unit 05 Global Talent Management Assignment
: Unit 05 Global Talent Management Assignment - The Role of Global Talent Management in achieving organisational goals and objectives
|
Human resource management
: Discuss how globalization has changed jobs in an organization where you have worked. What are some HR responses to those changes?
|
What amount of shel payable to mussel for intraentity sales
: At December 31, Year 4, what was the amount of Shel's payable to Mussel for intraentity sales? During Year 4, Mussel sold goods to Shel at same markup on cost.
|
Select a macro economic indicator and at least two micro
: Select a macro economic indicator and at least two micro, which may result in business opportunities in the coming days. Explain, two pages.
|
Explain the developmental gap
: How does the position of women in the US compare with the global south or the EU, given what we have learned from the #metoo, the crisis over sexual assault
|
Consider the use of quantitative experimental
: Explain how your research plan might consider the use of a quantitative experimental, quasi-experimental, or non-experimental design.
|
Determining the concepts of international trade
: Recently, the government's economic advisers have favored the establishment of a food tax to increase its taxable income. This can occur since the demand
|