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3 years ago

The federal reserve is comprised of how many nationwide districts?

1 answer:

6 0

The federal reserve is comprised of 12 districts nationwide The list of district are
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco.
There are 25 branches in these districts

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Metlock Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. 1/1 - Beginn

bixtya [17]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

1/1 - Beginning Inventory (Quantity 1,000 - Price/Cost = $12)

2/4 - Purchase (Quantity 2,000 - Price/Cost = $18)

2/20 - Sale (Quantity 2,500 - Price/Cost = $30)

4/2 - Purchase (Quantity 3,000 - Price/Cost = $23)

11/4 - Sale (Quantity 2,200 - Price/Cost = $33)

Units sold= 4,700

1) Periodic - FIFO

COGS= 1,000*12 + 2,000*18 + 1,700*23= 87,100

2) Perpetual - FIFO

COGS= 1000*12 + 1500*18 + 500*18 + 1,700*23= $87,100

3) Periodic - LIFO

COGS= 3,000*23 + 1,700*18= $99,600

4) Perpetual - LIFO

COGS= 2,000*18 + 500*12 + 2,200*23= $92,600

5) Periodic - weighted

Average price= (12 + 18 + 23)/3= 17.67

COGS= 4,700*17.67= $83,049

6) Perpetual - weighted

COGS= 15* 2,500 + 17.67*2,200= $76,374

3 0

3 years ago

Obama Company has identified that Bill Clinton’s receivable account of $100 is uncollectible. What is the journal entry needed t

DerKrebs [107]

Answer:

Allowance for Doubtful Accounts 100 Accounts Receivable 100

Explanation:

The allowance method first estimates an allowance for doubtful debts.When the company receives the actual figure of the amount that have gone wrong, it writes off the trade receivable and utilizes the allowance provided for

<u>When allowance is estimated </u>

Bad Debts (debit)

Allowance for doubtful debts (credit)

<u>When the actual figure of the amount that have gone wrong is obtained</u>

Allowance for doubtful debts (debit)

Account Receivable (credit)

4 0

3 years ago

Corporate decision makers and analysts often use a particular technique, called a DuPont analysis, to better understand the fact

Juli2301 [7.4K]

Answer:

DuPont Equation

The three factors that directly affect a company's ROE (Return on Equity) are:

1. Profit margin

2. Total asset turnover

3. Equity multiplier

Explanation:

The profit margin measures the operating efficiency of the company with higher sales leading to higher profit margins.

The total asset turnover is a financial measure that divides turnover by the total assets. It shows the efficiency achieved in the use of assets to generate sales revenue.

The equity multiplier measures the financial leverage of the company. It shows how the use of debts increases the value of the company's equity.

6 0

3 years ago

A question beginning with "how" or "why" is usually what type of research question?

ycow [4]

A question beginning with “how” or “why” is a qualitative research question

8 0

3 years ago

Read 2 more answers

"A cleaning company uses $10 of chemicals, $40 of labor, and $5 of misc. expenses for each house it cleans. After some quality c

Rus_ich [418]

Answer:

multifactor productivity = 8.3%

Explanation:

given data

Total cost for chemicals = $10

Total cost of labor = $40

Total cost of misc = $5

use of chemical = 50%

solution

first we get here total initial cost that is

total initial cost = 10 + 40 + 5

total initial cost = $55

and

Increase in cost of chemical is = 10 + (0.5) × (10)

Increase in cost of chemical = 15

so Total increase in cost will be

Total increase in cost = $15 + $40 + $5

Total increase in cost = 60

increase in cost % = $\frac{initial\ cost}{incresed\ cost}$ × 100

increase in cost % = $\frac{55}{60}$ × 100

increase in cost % = 91.67 %

change in multifactor productivity is = 100% - 91.7%

multifactor productivity = 8.3%

3 0

3 years ago