Answer:
False
Explanation:
Cost
This is simply defined as a payment of cash or the commitment to pay cash in the future for revenues purpose. E.g. The cash used to purchase a tractor, is the cost of the tractor.
Conversion costs
This is simply regarded as direct materials, direct labor, and factory overhead costs that can be selected together or grouped together for analysis and reporting. It consist of direct labor in factory overhead costs.
The Equation for Conversion cost is simply = Direct Labor Cost + Manufacturing Overhead Cost.
While the Equivalent Units of Production = Number of Units Transferred to the next department + Equivalent Units in Ending Works in Process Inventory.
The equation for Equivalent units of production for conversion cost is given below: Units completed and transferred out + Equivalent units in ending work in process for conversion cost.
The equation for Cost per equivalent unit for conversion cost is simply =
(conversion cost of beginning work in process + conversion cost added during the period)/ Equivalent units of production for conversion cost.
A corporation declares a 5% stock dividend that's payable on Thursday, October 18. If the record date is Wednesday, October 3, the ex-date for this distribution is Tuesday, october 2.
A corporation is an organization (usually a group of people or a legal entity) authorized by the State to act as a single entity and legally recognized as such for a specific purpose. Early incorporated entities were established by charter. Most jurisdictions now permit the formation of new companies by registration.
Many, but not all, companies are stock companies and vice versa. A company or other company may attempt to incorporate. As a corporation, a company exists as a separate legal entity from its owners. Above all, this means that the owner cannot be held responsible for the company's debts.
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Answer:
Option c. General Motors issues corporate bonds.
Explanation:
The corporate bonds are bonds that are used by companies as a way of raising capital. In essence, a corporate bond is a bond that is issued by a large corporation mainly for the purposes of financing of a project. In addition, the bonds are also a means of business expansion. Thus, general motors, in its action, is raising capital for later expansion.
Answer:
a. How much will your 2007 monthly benefit be?
b. In real terms, do your benefits go up, go down, or stay the same?
- Benefits will stay the same because in real terms the adjustment will only match the inflation rate. There is no real increase in the purchasing power of the money received. Inflation decreases the purchasing power of the currency, that means that $100 today buys less than $100 a year ago. If the adjustment only covers the inflation rate, there is no real gain but at least there is no real loss either.
Fed can <u>purchase</u> government bonds or it can <u>extend</u> discount loans to commercial banks.
The Fed creates cash via buying securities on the open marketplace and including the corresponding funds to the financial institution reserves of commercial banks. Banks then grow the money deliver in flow even extra by using making loans to consumers and agencies.
One manner to increase a bank's amount of required reserves is to: increase deposits. One reason why banks are required to deposit a minimal quantity of reserves on the Federal Reserve is so that: the Federal Reserve can manipulate the capacity of banks to lend cash to others.
The term commercial bank refers to a financial group that accepts deposits, gives checking account offerings, makes various loans, and gives fundamental financial products like certificates of deposit (CDs) and financial savings accounts to individuals and small organizations.
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