Answer:
spending would increase
Explanation:
Disposable income is either saved (invested) or spent.
If stock prices are expected to fall, individuals would be less willing to save their income and would prefer to spend their income instead.
As a result, spending would increase
Answer:
1. Nature of commodity
2. Availability of substitutes
3. Income level
4. Postponement of consumption
5. Number of uses
6. Share in total Expenditure
7. Time period
Explanation:
Current ratio is a comparison of current assets to current liabilities, calculated by dividing your current assets by your current liabilities.
The quick ratio compares the total amount of cash + marketable securities + accounts receivable to the amount of current liabilities.
A. Inventory would be a factor in both of these ration (assets). In both of these industries, inventory would be low. You cannot readily stockpile energy and burgers are perishable items.
B. It is true that both of these industries would have low outstanding accounts receivable because people will need their power to survive and fast food places don't offer credit.
C. These two industries deal with cash mainly. Cash doesn't have to be physical currency, but accounts that can easily be paid.
D. Low current and quick ratios are actually signs of good management not poor management.
All of the above are correct EXCEPT answer D.
True. When you analyze the key elements of a country's economic perspective environment, it is best to apply a systems perspective. When you follow the systems perspective you should be taking all of the behaviors, attributes and actions of a system when it's in its environment. instead of individualizing people and things within, it's an overall evaluation of the system.
Answer:
DM Cost per Equivalent unit: 4.25
Explanation:
22400 beginning 60% materials 20% conversion
140,000 started
33600 ending 90% materials 40% conversion
Beginning Inventory
DM 71,160
DL 26,610
MO 20,110
Conversion Cost 46,720
Cost during the month
DM 618,800
DL 241,330
MO 513,600
Conversion Cost 754,930
Equivalent units Materials
22,400 * .4 8,960
140,000 140,000
33,600 * .1 (3,360)
145,600
DM Cost per Equivalent unit: 4.25
