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ruslelena [56]
3 years ago
13

The adjustment to record supplies used during the period would​ be:

Business
1 answer:
Katen [24]3 years ago
5 0
Show choices if so :)
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A common set of accounting standards and procedures are called
Over [174]
Its called Generally accepted accounting principals
4 0
3 years ago
Economics can be described as the study of how people use ________ resources to satisfy ________ wants.A) unlimited; unlimitedB)
Masteriza [31]

Answer:

C) limited; unlimited

Explanation:

Economics can be described as the study of how people use limited resources to satisfy unlimited wants.

5 0
3 years ago
"Addison Corp. is considering the purchase of a new piece of equipment. The equipment will have an initial cost of $522,000, a 3
Vlad [161]

Answer:

$31,320.00

Explanation:

The formula for accounting rate of return is the annual net cash flow divided by the initial investment.

If the initial investment was $522,000 and the accounting rate of return is computed to be 6% per year, hence the annual increase in cash flow accruing from the investment can be calculated by changing the subject of the formula.

ARR=annual increase in cash flow/initial investment

ARR is 6%

initial investment is $522,000

annual increase in cash flow?

6%=annual increase in cash flow/$522,000

annual increase in cash flow=6%*$522,000= $31,320.00  

4 0
3 years ago
Summarize the effect of credit card interest on the real cost of items.
JulijaS [17]

Answer with its Explanation:

The result is that some of the credit cards pays interests on the cash surplus and charges interests on the cash deficit. If the interest rate is higher then the interest on the real cost of items that are finance with the negative balance will be charged interest on the higher interest rate because the interest rate is higher. If the interest rate is lower then the effect of credit card interest rate would be higher on the real cost of items.

3 0
3 years ago
U.S. GDPa. includes production of foreigners working in the U.S. but excludes production by U.S. residents working in foreign co
LuckyWell [14K]

Answer:

The correct answer is letter "A": includes production of foreigners working in the U.S. but excludes production by U.S. residents working in foreign countries.

Explanation:

The Gross Domestic Product or GDP represents the overall market value of all the goods and services a country produces. The GDP measures the size of the economy and it is determined by the following formula:  

GDP = C+ G + I + NX

Where:

C = Private consumption

G = Government spending

I  = Businesses' capital spending

NX = Net exports (exports-imports)

Labor is part of the GDP as well. It could be included in government spending or capital spending. <em>A nation's labor productivity is the sum of all the labor force production within the country regardless of the nationality of the workers</em>. <em>Citizen's productivity working abroad will be included in the GDP of the country where they work</em>.

3 0
3 years ago
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