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3 years ago

Examples of how percents are used in business

1 answer:

3 0

Percents can show how much of the money transferred was expense, profit, and so on. it can show an increase or decrease in sales. it can also show demographics of consumers.

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Can anyone PLZZZ HELP me with all that plzzz. For 10 POINTS PLZZZ. :(((((

maxonik [38]

LAST QUESTION ANSWER: Federal Trade Commission (FTC)

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3 years ago

Read 2 more answers

The demand for money is the relationship between the quantity of money demanded and the _____, when all other influences on the

Maslowich

Answer:

The correct answer is letter "D": nominal interest rate; hold.

Explanation:

The demand of money refers to the amount of money people prefer to hold in cash instead of investment vehicles or assets. The demand for money is proportional to individuals' income and the interest rate. According to this approach, when the interest rates are higher, people prefer to invest. When interest rates fall, people prefer to hold cash.

Therefore, <em>the demand for money explains the relationship between the quantity of real money demanded and the nominal interest rate that people prefer to keep, remaining the same all other factors that influence the amount of money.</em>

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3 years ago

Warner Company purchases $50,000 of raw materials on account, and it incurs $60,000 of factory labor costs. Supporting records s

andriy [413]

Answer:

WIP Assembly DEBIT 24,000

WIP Finishing DEBIT 26,000

Raw materials Inventory CREDIT 50,000

WIP Assembly DEBIT 35,000

WIP Finishing DEBIT 25,000

Wages Payable CREDIT 60,000

Explanation:

Our first goal is to calculate the diference to get the finishing values

50,000 raw materials

assembly 24,000

50,000 - 24,000 = 26,000

Finishing 26,000

60,000 labor cost

Assembly 35,000

60,000 - 35,000 = 25,000

Finishing 25,000

Now we proceed to do the entries:

WIP Assembly DEBIT 24,000

WIP Finishing DEBIT 26,000

Raw materials Inventory CREDIT 50,000

WIP Assembly DEBIT 35,000

WIP Finishing DEBIT 25,000

Wages Payable CREDIT 60,000

<u>Important:</u> There is no information about a finished goods or transfer from one process to another, so we should assume both are still in progress and no transfer to either one or finished goods were made.

So the values are transfer to the WIP of each department.

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3 years ago

If the japanese yen appreciates against the u.s. dollar,

Burka [1]

Answer:

If the Japanese yen appreciates against the U.S. dollar,

a. Japanese businesses gain by a decrease in the dollar price of exports to the United States.

b. Japanese consumers gain by a decrease in the yen prices of U.S. exports to Japan.

c. Japanese consumers lose by an increase in the yen price of U.S. exports to Japan.

d. U.S. consumers gain by a decrease in the dollar price of Japanese exports to the United States.

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1 year ago

An adjusting entry was made on year-end December 31 to accrue salary expense of $1,500. Assuming the company does not prepare re

cluponka [151]

Answer and Explanation:

The Journal entries are shown below:-

1. Salary Expense $1,500

To Salary Payable $1,500

(Being salary expense is recorded)

Here we debited the salary expenses as it increased the expenses and we credited the salary payable as it also increased the liabilities

2. Salary Expense Dr, $2,100

Salary Payable Dr, $1,500

To Cash $3,600

(Being cash paid is recorded)

Here we debited the salary expenses and salary payable as it increased the expenses and decreased the liabilities and we credited cash as it reduced the assets

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3 years ago