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3 years ago

The length of a senator's term, how old they have to be, and number of terms they can serve.

1 answer:

5 0

In the U.S. Government a Senator's term length is a total of 6 years elected every 2 years. at the age of 30 and can serve a total of 3 terms.

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Select the FALSE statement from below:

Yuri [45]

Answer:

C. Given the limited resources, emergency managers should encourage groups to provide unsolicited donations.

3 0

4 years ago

Read 2 more answers

Why does the federal reserve system have a high degree of political independence? it is divided into geographical districts. the

Anit [1.1K]

The answer is: the system is owned by the banks.

Even though the name contain the word 'federal' , the federal reserves are not entirely owned by the government. Several banks owned percentage of ownership to the federal reserve. Government officials only acted as the Board of Directors, not the owner. Because of this dis attachment, the federal reserve could had high degree of political independence

5 0

3 years ago

Which of the following is a common risk of using credit to make purchases

DochEvi [55]

Answer:

overspending

Explanation:

Credit purchases encourage one to spend more than they can afford. The fact that the sellers do not demand cash when goods change hands entices people to buy more. In credit purchases, cash is not required, only a commitment to pay later, which leads to overspending.

Overspending increases the probability of defaulting on credit payments. When the debt to income level rises too much, the borrower may be forced to miss some installment payments and cater to basic needs.

6 0

3 years ago

Blago Wholesale Company began operations on January 1, 20X1, and uses the average cost method in costing its inventory. Manageme

Shkiper50 [21]

Answer:

net income for 20x2 is $220,000

Explanation:

if the company changes to the FIFO method, the adjusting entry should be:

Dr Inventory 15,000

Cr Cost of goods sold 15,000

This means that COGS will decrease by $15,000.

20x2 income statement

Sales $1,200,000

Cost of goods sold <u>($705,000)</u>

Gross profit $495,000

S&A expenses <u>($275,000)</u>

Net income $220,000

6 0

3 years ago

Beverages, Ltd., of Fiji uses the weighted-average method in its process costing system. It makes blended tropical fruit drinks

Fittoniya [83]

Answer:

Explanation:

Units %Material

Units completed & Transferred 289,000 100 289,000

Units of ending WIP 68,000 75 51,000

Equivalent units of production 340,000

% Conversion EUP Conversion

Units completed & transferred out 100 289,000

Units of ending WIP 25 17,000

Equivalent units of production 306,000

Material Conversion

Beginning WIP 20,000 6,200

Added cost in June 214,600 131,500

Total 234,600 137,700

Equivalent unit of production 340,000 306,000

Cost /equivalent unit 0.69 0.45

EUP Cost/ EUP Total

Material 51,000 0.69 35,190

Conversion 17,000 0.45 7,650

Total cost of ending WIP 42,840

for materials ,conversion

EUP Cost / EUP Total

Material 289,000 0.69 199,410

Conversion 289,000 0.45 130,050

Total cost of units transferred out 329,460

Reconciliation report

Cost of beginning WIP 20,000 6,200 26,200

Cost added in the month 214,600 131,500 346,100

Total 372,300

Cost of units transferred out 329,460

Cost of ending WIP 42,840

Total 372,300

8 0

3 years ago