Answer:
C. The sale of equipment.
Explanation:
Investing activities: It records those activities that include the long-term asset buying and selling. The buying is a cash outflow while the sale is a cash inflow.
The cash outflow decreases the cash balance whereas cash inflow increases the cash balance. So the buying would be shown in a negative sign while the selling is shown in the positive sign
Hence, the correct option is C.
The answer is a definite NO. No one should EVER cash in their 401(k) to pay off debt. You will never be able to recover from the loss of compounding interest if you take out money from your retirement account. This money should be saved for retirement or EXTREME emergencies.
Im this case, Austin should take the amount of his raise and use that to start paying down his debt FASTER.
Answer:
The computation is shown below:
Explanation:
a. The company overhead rate based on direct labor is
= Total Overheads ÷ Direct Labor Hours
= $1,048,000 ÷ 40,000
= $26.2 per hour
b) Overheads Rate using Activity Based Costing is
= Cost ÷ Activity level
For Order Processing, it is
= $226,800 ÷ 14,000 orders
= $16.2 per order
For setups, it is
= $157850 ÷ 4,100 setup
= $38.5 per setup
For Milling, it is
= $395,850 ÷ 20,300 machine hours
= $19.5 per machine hour
For Shipping
= $267,500 ÷ 25,000
= $10.7 per shipment
We simply applied the above formula so that the per unit could come
I would say that it is a CHECKING ACCOUNT. The answer for this would be option A. This type of account can be accessed anytime which makes its liquidity very high, but on the other side, this has very low interest and the minimum balance required is also low. Hope this helps.
Answer:
these housing services contribute to GDP = $18000
Explanation:
given data
Tom pay rent = $8000
Sarah house rented = $10,000
solution
housing services contribute to GDP is express as
housing services contribute to GDP = Tom pay rent + Sarah house rented ............1
As GDP include both rent and estimate rent owner occupy home
put here value in equation 1 we get
housing services contribute to GDP = $8000 + $10000
housing services contribute to GDP = $18000