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LenaWriter [7]
3 years ago
14

Wealth that is earned, saved and loaned out to make a profit is called _______________.

Business
2 answers:
Elena L [17]3 years ago
8 0
The correct answer is (a.) capital. The wealth that is earned, saved and loaned out to make a profit is called capital.Capital is also the money or wealth that an entrepreneur must have to produce services and good for the consumers.
Dmitry_Shevchenko [17]3 years ago
3 0

Answer:

A

Explanation:

Took test on EDG

(:

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Case D. Stewart Company reports the following inventory record for November:
worty [1.4K]

The cost of ending inventory and the cost of goods sold under each of the following methods: Under the LIFO method, Sales Less: Cost of Goods sold Gross Profit less: Selling, admin, depreciation Income before.

Final in, first out (LIFO) is a technique used to account for inventory. beneath LIFO, the expenses of the maximum recent products bought (or produced) are the primary ones to be expensed. LIFO is used most effectively inside the USA and governed via the commonly ordinary accounting standards (GAAP).

The LIFO method is used within the COGS (value of products sold) calculation while the fees of manufacturing a product or obtaining inventory have been growing. this will be because of inflation.

The ultimate-In, First-Out (LIFO) method assumes that the last unit to arrive in stock or greater latest is offered first. the first-In, First-Out (FIFO) approach assumes that the oldest unit of inventory is sold first.LIFO effects decrease internet earnings because the price of products offered is better, so there may be a decrease in taxable profits.” decreased tax legal responsibility is a key reason some organizations decide on LIFO.

Learn more about LIFO here: brainly.com/question/24938626

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5 0
1 year ago
Crane Company incurred the following costs for 88000 units: Variable costs $528000 Fixed costs 392000 Crane has received a speci
Anton [14]

Answer:

The minimum price is $6.8

Explanation:

Giving the following information:

Crane Company incurred the following costs for 88000 units: Variable costs $528000 Fixed costs 392000 Crane has received a special order from a foreign company for 3000 units. There is sufficient capacity to fill the order without jeopardizing regular sales. Filling the order will require spending an additional $2400 for shipping.

Because it is a special order and there is unused capacity, we will not have into account the fixed costs.

Unitary cost= (528,000/88,000) + (2,400/3,000)= $6.8 per unit

The minimum price is $6.8

7 0
3 years ago
The point at which birth and death rates balance is called
yawa3891 [41]

Answer:

B balancing growth

Explanation:

4 0
3 years ago
The amount due on the maturity date of a $10,900, 60-day 6%, note receivable is: (Use 360 days a year.)
Marysya12 [62]

Answer:

$11,009

Explanation:

Calculation to determine The amount due on the maturity date

Amount due =10900 x .06 x 1/6 = $109 + $ 10900

Amount due=$11,009

Therefore The amount due on the maturity date is $11,009

5 0
3 years ago
I’ll mark the best one with 20 points !
bonufazy [111]

Answer: rotate the bottom to the right, top to bottom and right to top

Explanation:

5 0
3 years ago
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