Questions
How do vascular plants avoid damage to their tissues in a dry environment? Their stomata stay...

How do vascular plants avoid damage to their tissues in a dry environment?

Their stomata stay closed at all times

They use roots to extract water from the soil and vascular tissue to transport it and so avoid desiccation

Their membrane are able to withstand the desiccation and rehydration of the cells without rupturing

In: Biology

Primare Corporation has provided the following data concerning last month’s manufacturing operations.

Primare Corporation has provided the following data concerning last month’s manufacturing operations.

image.png

 Required:

 1. Prepare a schedule of cost of goods manufactured for the month.

 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold.


In: Accounting

Primare Corporation has provided the following data concerning last month’s manufacturing operations.

Primare Corporation has provided the following data concerning last month’s manufacturing operations.

image.png

 Required:

 1. Prepare a schedule of cost of goods manufactured for the month.

 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold.

In: Accounting

Compare the metabolic potential (ability to burn organic molecules rapidly) of an oyster with an open...

Compare the metabolic potential (ability to burn organic molecules rapidly) of an oyster with an open circulatory system, a fly with an open circulatory system + a tracheal system, and a racer (a type of snake) with a closed circulatory system. In the fly, which needs are met by the circulatory system, and which are met by the tracheal system?

In: Biology

a. State the ampere circuital law b. Derive expression for inductance of a Toroid? c. Derive...

a. State the ampere circuital law

b. Derive expression for inductance of a Toroid?

c. Derive the set of Maxwell’s equations with solutions in the integral form from the
fundamental laws of a good conductor?

d. Derive the expression for torque developed in a rectangular closed circuit current (I) in a
uniform field?

In: Electrical Engineering

Let S={(x,y,z) | x^2+y^2+4z^2=9} be a closed surface in R3. F(x,y,z)=(cos x, sin x, x^2+y^2+z^2) is...

Let S={(x,y,z) | x^2+y^2+4z^2=9} be a closed surface in R3. F(x,y,z)=(cos x, sin x, x^2+y^2+z^2) is a vector field. Compute ∫∫ (▽xF) ds

In: Advanced Math

On June 30, 2020, Pharoah Company issued $4,180,000 face value of 13%, 20-year bonds at $4,494,460,...

On June 30, 2020, Pharoah Company issued $4,180,000 face value of 13%, 20-year bonds at $4,494,460, a yield of 12%. Pharoah uses the effective-interest method to amortize bond premium or discount. The bonds pay semiannual interest on June 30 and December 31.

(a)

Prepare the journal entries to record the following transactions. (Round answer to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
(1) The issuance of the bonds on June 30, 2020.
(2) The payment of interest and the amortization of the premium on December 31, 2020.
(3) The payment of interest and the amortization of the premium on June 30, 2021.
(4) The payment of interest and the amortization of the premium on December 31, 2021.

No.

Date

Account Titles and Explanation

Debit

Credit

(1)

June 30, 2020

(2)

December 31, 2020

(3)

June 30, 2021

(4)

December 31, 2021

In: Accounting

Use the following information on the U.S. dollar value of the euro. Spot Rate Forward Rate...

Use the following information on the U.S. dollar value of the euro.

Spot Rate

Forward Rate for

April 30, 2021 Delivery

October 30, 2020

$ 1.230

$ 1.240

November 1, 2020

1.248

1.245

December 31, 2020

1.260

1.265

April 30, 2021

1.270

1.270


On October 30, 2020, a U.S. company receives a purchase order from a customer in Spain. Under the sale terms, the customer will pay the company €100,000 on April 30. On October 30, the U.S. company also enters a forward contract to sell €100,000 on April 30, 2021. The company delivers the merchandise to the customer on November 1. On April 30, the company receives €100,000 from the customer and sells it using the forward contract. The company's accounting year ends December 31.

What net gain or loss is recognized in 2020, in addition to sales revenue?

A.

$500 net loss

B.

$500 net gain

C.

$800 net loss

D.

$800 net gain

In: Accounting

During 2020, Bonita Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs...

During 2020, Bonita Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Bonita for a lump sum of $77,805 because it is discontinuing manufacturing operations and wishes to dispose of its entire stock. Three types of chairs are included in the carload. The three types and the estimated selling price for each are listed below.

Type

No. of Chairs

Estimated Selling
Price Each

Lounge chairs

520 $90

Armchairs

390 80

Straight chairs

910 50


During 2020, Bonita sells 260 lounge chairs, 130 armchairs, and 156 straight chairs.

What is the amount of gross profit realized during 2020? What is the amount of inventory of unsold straight chairs on December 31, 2020? (Round cost per chair to 2 decimal places, e.g. 78.25 and final answer to 0 decimal places, e.g. 5,845.)

Gross profit realized during 2020

$enter a dollar amount

Amount of inventory of unsold straight chairs

$enter a dollar amount

In: Accounting

Bramble Company purchased equipment for $220,800 on October 1, 2020. It is estimated that the equipment...

Bramble Company purchased equipment for $220,800 on October 1, 2020. It is estimated that the equipment will have a useful life of 8 years and a salvage value of $12,000. Estimated production is 36,000 units and estimated working hours are 20,000. During 2020, Bramble uses the equipment for 500 hours and the equipment produces 1,100 units.

Compute depreciation expense under each of the following methods. Bramble is on a calendar-year basis ending December 31. (Round rate per hour and rate per unit to 2 decimal places, e.g. 5.35 and final answers to 0 decimal places, e.g. 45,892.)

(a)

Straight-line method for 2020

$enter a dollar amount

(b)

Activity method (units of output) for 2020

$enter a dollar amount

(c)

Activity method (working hours) for 2020

$enter a dollar amount

(d)

Sum-of-the-years'-digits method for 2022

$enter a dollar amount

(e)

Double-declining-balance method for 2021

$enter a dollar amount

In: Accounting