The term is "selection".
Paul B. Baltes was a German therapist whose expansive scientific plan was dedicated to building up and advancing the life-span orientation of human advancement. He was likewise a scholar in the field of the psychology of aging. Baltes was born in 1939 and died in 2006 at the age of sixty-seven.
Answer:
hello your question is incomplete attached below is the complete question
answer : classifications : current assets and Non current assets
Amounts : short-term investments = $2798.30 for 2006 and $6052.30 for 2005
cash and cash equivalent = $5914.70 for 2006 and $9586.30 for for 2005
Investments = $7788.20 for 2006 and $1107.9 for 2005
Explanation:
The classification and amount of any investment as reported in the balance sheet is as below
current assets classification
short-term investments = $2798.30 for 2006 and $6052.30 for 2005
cash and cash equivalent = $5914.70 for 2006 and $9586.30 for for 2005
Non-current assets
Investments = $7788.20 for 2006 and $1107.9 for 2005
Note: cash and cash equivalents is used to describe investments with maturity dates less than 3 months
Answer:
1. estimate the quantity of raw materials to be purchased.
2. ending raw materials inventory for the last period.
Explanation:
A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.
The first step of the budgeting process is to prepare a list of each type of income and expense that will be part of the budget.
The final step by the management of an organization in the financial decision making process is making necessary adjustments to the budget.
The benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.
1. The purpose of preparing a direct materials budget is to estimate the quantity of raw materials to be purchased. This includes the raw materials that would be used for the manufacturing of finished goods.
2. In a direct materials budget, the desired ending raw materials inventory for the year is equal to the ending raw materials inventory for the last period.
Answer: Net Income = $65000
Explanation:
Given that,
Accounts receivable = $60,000
Accounts payable = $20,000
Cash = $25,000
Common stock = $10,000
Insurance expense = $5,000
Salaries and wages expense = $50,000
Sales revenue = $120,000
Net Income = Sales revenue - Salaries and wages expense - Insurance expense
= $120,000 - $50,000 - $5,000
= $65,000