Answer:
a. Land purchased by Sun Company from a local finance company
1) REAL ASSETS, the land exists as a physical asset regardless of the company's transaction.
b. Sun Company's administration building, which houses the finance department
1) REAL ASSETS, the building exists as a physical asset regardless of the company's transaction.
c. Sun Company's inventories of raw materials
1) REAL ASSETS, the inventories exists as a physical asset regardless of the company's transaction.
d. Accounts receivable: money owed to Sun Company by other companies who have purchased products on credits
2) FINANCIAL ASSETS, accounts receivable is a financial concept, not a physical asset
e. Sun Company's corporate checking accounts
2) FINANCIAL ASSETS, checks is a financial concept that represent money, not a physical asset
None of those presentation methods solve problems
Answer:
Correct answer is C. $ dollars.
Calculation:
Rate of Retun PU = (21%*605,000)/58,700 = 2.16
Fixed factory overhead PU = 38,500/58,700 = 0.66
Fixed selling and administration PU= 8000/58,700 = 0.14
Variable DM PU = 5.17
Variable Labour PU = 1.88
Variable FOH PU = 1.33
Variable selling and Admin PU = 4.5
By adding all above mentioned per unit cost we get 15 dollars aprox
so
Correct answer is 15 dollar.
Answer:
The rate at which money circulates through an economy.
Explanation:
In Macroeconomics, the term velocity refers to the speed at which money circulates in an economy, and it is a variable in a fundamental macroeconomic equation, the quantity theory of money equation:
M x V = P x T
Which states that the price of goods and services is equal to the amount of money in an economy, or its money supply (M) multiplied by the Velocity of circulation of money, which is in turn equal to price (P) multiplied by the number of transactions (T).
