Answer:
Explanation:
Cash budget for Pasadena Candle Inc.
Month Purchased Paid
August $40,000 $16,000
September $36,000 $38,400
Calculations:
Month ending payment in September = 60 % x August purchases + 40 % x September purchases = 0.60 x $ 40,000 + 0.40 x $ 36,000
= $ 24,000 + $ 14,400 = $ 38,400
Answer:
It is used by Fed to manage the economy by increasing or decreasing the amount of loans being made
Explanation:
The Fed decides on required reserve ratio for the banks and other financial institutions; t can lower or raise it. Reserve ratio is the portion of all the money that bank are required to sets aside and hold onto; this means they are not allowed to lend that out to borrowers. This is a technique that is used to control the supply of money in the economy. By decreasing this ratio, banks will have more money to lend out and vice versa.
Answer:
(B). 50 cents
Explanation:
<u>Marginal cost</u><u> is the cost incurred by producing or purchasing one more unit of an item.</u>
If Jordan buys two tacos and a medium drink, it will cost him $2 and 50 cents or 250 cents (80 + 80 + 90).
However, if he opts for the value meal of three tacos and a medium drink, that costs $3 (300 cents), then he would be purchasing one additional taco at a marginal cost of 50 cent.
Marginal cost of additional unit of taco = 300 cents - 250 cents = 50 cents.
Answer:
Disallowed loss = 1428.57
Explanation:
given data
Units total cost
17 Apr, 09 1500 20000
8 Dec, 14 -750 -5000
2 Jan, 15 250 1750
2 Jan, 15 50 1000
solution
we get here Broward realized and recognized loss that is
The loss or gain on sale (5000 - 20000 ÷ 2) -5000
Allowed loss (750 ÷ 1050) × 5000 3571.43
Disallowed loss 1428.57
Answer:
D. Adding investments plus net income less withdrawals.
Explanation:
This statement is generally used to show the owners capital at the beginning of an investment period which is seen or said to affect or changes in balance sheet at a section termed to be the equity section. It is said to reveal and let a shareholder know the additional and subtractional changes that happens/happened in the shareholders account.
In some certain business kind which ranges from a sole proprietorship type of business to the others, movement in capital occurs as a result of some elements.
Therefore it is seen that net income less withdrawals and also investment adding is been seen after an investors equity statement in the beginning of account balancing.
