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4 years ago

When is the acquisition of personal debt economically wise?

Business

2 answers:

Ede4ka [16]4 years ago

6 0

If it results in long-term savings and security.

-Dominant- [34]4 years ago

3 0

The time when it's smrt for a person to acquire personal debt; or nott rather smart but a viable way of increasing useful capital, would be when one is investing in himself. An example of this would be education for example, where students take out student loans to continue university education.

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I really need help I don't know how to do this its Accounting II

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3 years ago

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Devon and Edmond enter into a contract for the closing of a sale of Devon's recording studio. When Edmond's schedule conflicts,

aleksandrvk [35]

Answer:

Option A; DELEGATION.

Explanation:

Delegation is an administrative process of getting things done by others by giving them responsibility.

Example is a manager asking a subordinate to take over his duties at a meeting. However, the person who delegated the work remains accountable for the outcome of the delegated work.

Delegation simply means empowering a subordinate to get a work done (i.e. a transfer of authority from a superior to a subordinate).

Since Edmond asks Ferdie to perform his duties at closing because of his own conflicting schedule, therefore, this transfer of duties is called DELEGATION.

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3 years ago

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Arntson, Inc., manufactures and sells two products: Product R3 and Product N0. The annual production and sales of Product of R3

ira [324]

Answer:

C.$2,996.06 per unit

Explanation:

Calculation to determine what The unit product cost of Product N0 under activity-based costing is closest to:

First step is to Compute the activity rates

Activity Cost (a)Estimated Overhead cost (b)Total Expected Activity (a) ÷(b)Activity Rate

Labor-related $39,636÷2,700DLHs=$14.68per DLH

Production orders $57,421÷ 1,300orders =$44.17per order

Order size $432,075 ÷7,500MHs =$57.61per MH

Second step is to Compute the overhead cost per unit under activity-based costing

Using this formula

Overhead cost per unit=Activity Cost Pools and Activity Rates*Expected Activity=Amount

Let plug in the formula

Product N0

Labor-related, at $14.68 per DLH *1,100 =$16,148

Production orders, at $44.17 per order *700 =$30,919

Order size, $57.61 per MH *3,900 =$224,679

Total overhead costs assigned (a)$271,746

($16,148+$30,919+$224,679)

Number of units produced (b)100

Overhead cost per unit (a) ÷ (b)$2,717.46

($271,746÷100)

Third step is to Compute the unit product costs under activity-based costing

Product N0

Direct materials $104.80

Direct labor $173.80

(11.0 DLHs × $15.80 per DLH)

Overhead $2,717.46

Unit product cost $2,996.06

($104.80+$173.80+$2,717.46)

Therefore The unit product cost of Product N0 under activity-based costing is closest to: $2,996.06

4 0

3 years ago

Identity errors, incorrect account details, and fraudulent accounts are the most common credit report errors. What should you do

Lostsunrise [7]

Answer:

The correct answer is letter "A": You should dispute the error with a credit agency or with a bank/lender and locate any receipts or other written proof that the data is not correct.

Explanation:

It is important to review your credit report frequently to spot errors. In such cases, you must the corresponding financial institutions to make the corrections necessary. If proof is needed you should send it. The objective is to <em>keep your information as accurate as possible</em> so your credit rating can increase every year.

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3 years ago

A donor gave equipment valued at $60,000 at the beginning of 2017 to a private not-for-profit organization. The equipment had a

tiny-mole [99]

Answer:

Usually the nonprofit organization should report the value of the donated asset as the difference between the price when donated minus depreciation: $60,000 - $6,000 = $54,000.

But nonprofit organization can choose to recognize only a part of the donation each year as long as they use the asset. This recognized part is usually equivalent to the depreciation cost, so the value of the asset at the end of the year will always be 0. They do this to show smaller balances in order to try to attract more donations. It is always harder for wealthy nonprofit organizations to get more donations, so be having 0 assets donated, they pretend to be "poorer".

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3 years ago