Answer:
The correct answer is letter "B": Cost of goods sold.
Explanation:
Permanent accounts are those that do not close at the end of a period because their values are measured cumulatively. They include asset, liability, and capital accounts. Permanent accounts are reported in the Balance Sheet. They are the opposite of temporary accounts which are closed period by period.
<em>Asset accounts such as accumulated depreciation and inventories or Liability accounts like current liabilities are considered permanent accounts. Cost of goods sold is considered a temporary account.</em>
Answer:
Nominal GDP growth = 7.25%
Explanation:
Given:
Inflation rate = 3%
Population growth = 1%
Note:
Growth rate in real GDP (Not given) = 3.25%
Find:
Nominal GDP growth
Computation:
Nominal GDP growth = Inflation rate + Population growth + Growth rate in real GDP
Nominal GDP growth = 3% + 1% + 3.25%
Nominal GDP growth = 7.25%
After completing the organizational assessment, Matthew's next step should be to formulate the functional strategies.
The action plans that a company develops in different areas to achieve its objectives and goals in the short and long term are called functional strategies.
It is the set of strategies of the areas:
- Commercial
- Financial
- Marketing
- Production
- Human Resources
- Distribution
- Technology
As a company is an integrated system that works to achieve a common goal, which in general is to be profitable and competitive in the market, the functional strategies must be aligned with those at the corporate and organizational level.
Therefore, the formulation of functional strategies is essential for the integration and optimization of organizational resources in order to achieve a company's objectives and goals.
Learn more here:
brainly.com/question/4974396
Answer:
The estimated rate based on labour hour==6
The actual rate based on labour hour=6.08
The rate based on machine hour=24
The rate based on machine hour= 22.66
Explanation:
Given that Carlson estimated its overhead costs to be $240,000,direct labor hours at 40,000 and machine hours at 10,000 as well as the actual overhead costs incurred of $249,280, actual direct labor hours of 41,000, and actual machine hours of 11,000.We can calculate the to apply .
The estimated rate based on labour hour=240000/40000=6
The actual rate based on labour hour=249280/41000=6.08
The rate based on machine hour=240000/10000=24
The rate based on machine hour=249280/11000=22.66
The way brain cells connect and develop will be influenced by a newborns experience with adults and the environent
