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4 years ago

Which accounts will give you the LEAST access to your money?

Business

1 answer:

Gekata [30.6K]4 years ago

8 0

I d say checking accounts, CD s or market money

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At the beginning of Year 1, the company's inventory level was stated correctly. At the end of Year 1, inventory was overstated b

Furkat [3]

Answer:

$5,000 ; $2,550

Explanation:

The computation is shown below:

For net income in year 1

= Reported net income + overstated inventory amount

= $3,000 + $2,000

= $5,000

For net income in year 2

= Reported net income - understated inventory amount

= $3,000 - $450

= $2,550

Therefore, the net income in Year 1 and in Year 2 is $5,000 and $2,550 respectively.

5 0

4 years ago

Assume that candle wax is traded in a perfectly competitive market in which the demand curve captures buyers' full willingness t

lisabon 2012 [21]

Answer: The total output should remain the same in order to achieve allocative and productive efficiency.

Explanation: Total surplus is at Maximum when the price equals the market equilibrium price.

8 0

3 years ago

At $5 a bushel, there is an excess supply of wheat. is this price above or below the equilibrium price? in 2-3 sentences, explai

Nataly [62]

Its above the equilibrium price. Excess supply means they produced more than what people are demanding. So the bushel might be expensive for them and less people are buying it.

5 0

3 years ago

Read 2 more answers

If the sender in a nonpersonal, paid promotion is identified, we define it as advertising. if the sender is not readily identifi

Ronch [10]

If the sender is not readily identified, we label it propaganda.
Usually, propaganda is used to advertise political causes, and to persuade you into believing that particular promotion. They want you to join them, and to follow their leader, which is why they are promoting their own causes, whilst not identifying themselves.

4 0

3 years ago

The following data for a production department relate to two accounting periods:

vagabundo [1.1K]

Answer:

Fixed costs= $187,000

Explanation:

Giving the following information:

Activity(machine-hours): 17,000 18,500

Department costs: $246,500 $251,750

<u>To calculate the fixed and variable cost, we need to use the high-low method:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (251,750 - 246,500) / (18,500 - 17,000)

Variable cost per unit= $3.5

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 251,750 - (3.5*18,500)

Fixed costs= $187,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 246,500 - (3.5*17,000)

Fixed costs= $187,000

5 0

3 years ago