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Delicious77 [7]
3 years ago
11

When opening a check account, the bank does not run an account verification if you provide a state-issued ID.

Business
1 answer:
Morgarella [4.7K]3 years ago
5 0

false false false false false

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In the _____ way of knowing things, people hold firmly to some belief because some respected official, agency, or source has sai
NeTakaya

Answer:

Letter B is correct.<u> Method of authotity.</u>

Explanation:

The method of acquiring knowledge by authority is one of the most widespread ways of obtaining knowledge in society. It is characterized as the implementation and learning of a new idea or belief because some authority figure affirmed a certain concept as true, which ensures greater reliability. and acceptance. As examples of authorities, we can mention: doctors, teachers, bosses, government, parents and others.

But in an ideal scenario it is important to analyze what methods and sources the authority figures have determined for a conclusion about something, one should seek to exercise critical sense to rationalize the beliefs and decisions that are imposed as truth. .

3 0
2 years ago
UP Forklifts sells two​ products, large forklifts and small forklifts. A large forklift sells for $ 80 comma 000 per unit with v
svlad2 [7]

Answer:

Break-even point (units)= 90 units

Explanation:

Giving the following information:

Large forklift:

Selling price= $80,000 per unit

Unitary variable cost= $26,000 per unit.

Small forklifts:

Selling price= $60,000 per unit

Unitary variable cost= $12,000 per unit.

Total fixed costs for the company are $4,455,000.

Sales proportion:

Large forklift= 0.25

Small forklift= 0.75

To calculate the break-even point in units, we need to use the following formula:

Break-even point (units)= Total fixed costs / Weighted average contribution margin

Weighted average contribution margin= (weighted average selling price - weighted average unitary variable cost)

Weighted average contribution margin= (0.25*80,000 + 0.75*60,000) - (0.25*26,000 + 0.75*12,000)

Weighted average contribution margin= 65,000 - 15,500= 49,500

Break-even point (units)= 4,455,000/ 49,500

Break-even point (units)= 90 units

5 0
3 years ago
Schrade Company bought a machine for $128,000 cash. The estimated useful life was four years and the estimated residual value wa
zzz [600]

Answer:

Net book value (NBV) at the end of Year 2, under:

  • straight-line method is $67,250
  • units-of-production method is $21,800
  • double-declining balance is $32,000

If there is need for NBV for Year 1, simply subtract the depreciation for Year from the cost.

Explanation:

Under straight-line method, depreciation expense is (cost - residual value) / Estimated useful life = ($128,000 - $6,500) / 4 years = $30,375 yearly depreciation expense.

Accumulated depreciation for 2 years is $30,375  x 2 years $60,750.

The net book value of the asset (cost - accumulated depreciation) is: $128,000 - $60,750 = $67,250.

The unit-of-production method is used when the asset value closely relates to the units of output it is able to produce. It is expressed with the formula below:

(Original Cost - Salvage value) / Estimated production capacity x Units/year

At Year 1, depreciation expense (DE) is: ($128,000 - $6,500) / 135,000 units x 58,000 units = $52,200/year

At Year 2, depreciation = ($128,000 - $6,500) / 135,000 units x 60,000 units = $54,000/year

Accumulated depreciation for 2 years is $52,200 + $54,000 = $106,200.

Note that this depreciation method results in higher depreciation charge when the asset is heavily used, at this time, it was in year 2.

The NBV under this method is is: $128,000 - $106,200 = $21,800.

The double-declining method is otherwise known as the reducing balance method and is given by the formula below:

Double declining method = 2 X SLDP X BV

SLDP = straight-line depreciation percentage

BV = Book value

SLDP is 100%/4 years = 25%, then 25% multiplied by 2 to give 50%

At Year 1, 50% X $128,000 = $64,000

At Year 2, 50% X $64,000 ($128,000 - $64,000) = $32,000

Accumulated depreciation for 2 years is $64,000 + $32,000 = $96,000.

The NBV under this method is is: $128,000 - $96,000 = $32,000.

6 0
3 years ago
Macroeconomics is the branch of economic theory that deals with behavior and decision making by small units such as individuals
Bezzdna [24]

<u>Answer:</u>

<em>True </em>

<em></em>

<u>Explanation:</u>

Macroeconomics is a part of financial aspects that reviews how a general economy—the market frameworks that work on a vast scale acts. Macroeconomics manages the exhibition, structure, and conduct of the whole economy, rather than microeconomics, which is progressively centered on the decisions made by singular entertainers in the marketplace.

Macroeconomists create models clarifying connections between these components. Such macroeconomic models and the gauges they produce are utilized by government elements to help in the development and assessment of financial, money related, and monetary approaches; by organizations to set methodology in household and worldwide markets.

3 0
3 years ago
Read 2 more answers
The circus sold 1,000 tickets. Adult tickets cost $8.25, children's tickets cost $4.75, and a total of $6,048.50 was collected.
Andreas93 [3]

Answer:

The number of adult tickets is 371.

The number of children's tickets is 629

Explanation:

Let A be the number of adult tickets sold and C be the number of children's tickets sold. The following linear system can be modeled based on the information provided:

A+C=1,000\\8.25A+4.75C=6,048.50

Solving the linear system:

8.25A -4.75A+4.75C-4.75C=6,048.50-4,750\\A=\frac{1,298.50}{3.5}\\A=371\\C=1000-371\\C=629

The number of adult tickets is 371.

The number of children's tickets is 629.

5 0
3 years ago
Read 2 more answers
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