Answer: Could be from bribing, displaying all of the perks of swimming in the river or describing how much fun it could be
Explanation:
Answer:
In the fourth quarter only.
When the loss is probable and estimable, the expected loss must be recorded in full. This loss becomes such at the end of the fourth quarter. Therefore, the inventory must be valued on the year-end at the lower of cost or market, recognizing the loss at that time.
Explanation:
More than likely they can help you find jobs
Answer:
950 units
Explanation:
Given that
For June month
Number of units in beginning work in process inventory = 0
Number of units started during the month = 750
Total number of units transferred to finished goods = 600
For July month
Number of units in beginning work in process inventory = 150
Number of units started during the month = 950
Total number of units transferred to finished goods = 850
The percentage ratio is also given
So, The computation of the number of equivalent units of direct materials produced on July month is shown below:
= Number of units started during the month
= 950 units
The number of units started = number of direct material produced
i.e 950 units = 950 units
Answer:
The correct answer is option D.
Explanation:
Irving Fisher gave the equation of quantity theory of money. This equation is thus also called the Fisher's equation. It can be stated as MV=PT.
Here, M is the money supply, V is the velocity of money circulation, P represents the price level, and T is the volume of transactions. V and T are assumed to be constant. On the basis of this assumption, we can say that there is a direct relationship between money supply and price level.
The velocity of circulation is assumed to be constant, this assumption is equivalent to constant demand for real balances per unit. Velocity shows the number of times a currency changes hands. Constant velocity means money is not changing hands, people are holding money, or in other words, demand for real balances is constant.
