Cds are time deposits that you can close before the term ends but might pay early penalty for withdrawing early. Cds vary with the financial institution. I would say a savings account
Answer:
$20,880
Explanation:
Under the direct method we ignore services that are provided to the other service departments.
In order to allocate the building operation costs to Operating department A, we need to determine what percentage of the building space taken up by Operating departments is used by Operation Department A.
There is a total of 50000 square feet and Operating Department A occupies 60%(30000/50000 of that.
So Operating Department A will get 60% of the building costs
i.e., 60% × 34800 = 20,880
Answer:
The profit that they keep to reinvest in the business is recorded as D : retained earnings.
Explanation:
Retained earnings (RE) is the amount of net income left over for the business after it has paid out dividends to its shareholders.
Explanation:
The overall amount of a government's finished product of any and all additional goods produced and services provided with one year is national revenue. The guiding principle for economics and finance is recognizing how national income is produced.