Answer: When computing the cost per equivalent unit, the weighted-average method of process costing considers: C) costs incurred during the current period plus cost of beginning work in process inventory.
Explanation: This is because the weighted-average method takes into account the costs of the previous period and the costs of the current period.
<u>Answer:</u>Option D
<u>Explanation:</u>
Commingling means the money of various investors are pooled together to trade with securities. This is usually done by the agents who acts as the investment managers they collect money from various investors and put it together as single fund. The advantages of this method are the fees is lower.
Some people indulge in illegal activities of combining investors money with their personal money. This helps the agents to invest large funds by pooling in funds. Any risk on the principal amount has to be borne by the agent.
Answer:
The purpose of the function is to lend the people indeed.
Explanation:
a central bank help to keep our money and give a loan
Answer:
a decrease in the required reserve ratio
Explanation:
The Federal Reserve utilises various strategies to control money supply to the economy. Money supply is the amount of money that is held by by the public in an economy.
The various methods used by the Federal Reserve to regulate money supply includes discount rate, reserve ratio, and open market operations.
Money supply will increase when the reserve ratio for commercial banks is decreased. This means less of their funds is required to be witheld from the public.
On the other hand an open market sale will mop up the cash in the economy, and an increase in discount rate (rate of lending to banks) will also cause a decrease in money supply.
Answer:
$14,882.44.
Explanation:
Given
Future value= $1,200,00
Time= 27 years
Interest rate= 7.5%
let PV= present value
The question is solved by computing the amount of annual deposit.
Enter the below in a financial calculator to compute the amount of annual deposit:
FV= 1,200,000
N= 27
I/Y= 7.5
PV= FV÷(1+I)^N
putting values we get
PV= $1,185,117.56
Now Benefit = FV- PV= 1,200,000-1,185,117.85= $14,882.44.
Therefore, the amount of annual deposit is $14,882.44.