Answer:
a. have maturity dates of 3 months or less
Explanation:
Cash equivalents refer to those short term highly liquid security investments such as marketable securities like commercial papers which can be converted into cash within 90 days or 3 months.
Cash equivalents are characterized by their maturity period being 3 months or lesser.
Commercial papers and certificate of deposits maturing in less than 3 months constitute cash equivalents.
Two major characteristics of cash equivalents being, their maturity period being 3 months or lesser and their maturity value is not subject to fluctuations i.e it is known in advance.
Answer:
C. It results when the free market equilibrium quantity is higher than the optimal equilibrium quantity.
D. The open access to common resources results in their depletion through overuse.
Explanation:
The tragedy of the commons is a problem in economics that could be arise at the time when an individual reject the society well being for the personal motive. It would result in excess consumption and the depletion of the resources
So as per the given options, the option c and option d is to relevant as it directly linked to the meaning of the tragedy of the commons
Yes yes yes yes yes yes yes
Answer:
$21.44
Explanation:
Calculation for the cost per equivalent unit for materials for the month in the first processing department
First step
Units completed and transferred out $7,500
Ending inventory($800+$8,400-$7,500)*70% Ending inventory =1,700*70%
Ending inventory =$1,190
Equivalent units for Materials $8,690
($7,500+$1,190)
Total materials costs $186,300
Second step
Cost per equivalent unit for materials=Total materials costs÷ Equivalent units for Materials
Cost per Equivalent unit for Materials $186,300÷$8,690
Cost per Equivalent unit for Materials=$21.44
Therefore the cost per equivalent unit for materials for the month in the first processing department is closest to $21.44