Answer:
$11,700
Explanation:
Ending Stock = Opening Stock + Production - Sales
= 0 + 5,000 - 4,100
= 900
Ending Stock = 900 x $13.00 = $11,700
Therefore
The dollar value of the ending inventory under variable costing would be $11,700
Answer:
False
Explanation:
Medicaid is for all-ages (not just senior citizens) and for low-income Americans.
Answer:
bottom-of-the-pyramid
Explanation:
C. K. Prahalad and associates introduced the concept of a global market, not necessarily defined by national borders but rather by the pockets of poverty across countries, and consisting of 4 billion people across the globe with annual incomes of less than $1,200. They refer to these consumers, concentrated in the LDCs and LLDCs, as <u>bottom-of-the-pyramid</u> markets
The additional amount that could be loaned out because of deposit of Linda is $4000.
Answer: Option B.
<u>Explanation:</u>
Bank can not loan out the entire amount it has with it. Certain amount is to be kept reserved with it for all times. This is known as required reserve ratio which is a particular ratio of the total deposits.
At the time of being totally loaned out, with twenty percent as the required reserve ratio, the bank can loan out extra amount when Linda deposits money. Since Linda Deposits $5000, twenty percent of this keeping as required reserve ratio, it can loan out $4000 more.