Which type of account will typically have the highest interest rates

Consider the following information for Maynor Company, which uses a periodic inventory system: Transaction Units Unit Cost Total

Stells [14]

Answer:

FIFO LIFO WEIGHTED AVERAGE

Ending inventory 4494 3878 4193

Cost of Goods Sold 6875 7491 7176

Explanation:

STATEMENT SHOWING INVENTORY RECORD UNDER PERIODIC FIFO

RECIEPTS COST OF GOODS SOLD BALANCE

DATE UNITS RATE AMOUNT $ UNITS RATE AMOUNT $ UNITS RATE AMOUNT $

balance 21 71 1491 21 71 1491

Purchasse

28-Mar 31 77 2387 31 77 2387

22-Aug 42 81 3402 37 81 2997 5 81 405

14-Oct 47 87 4089 47 87 4089

TOTAL 141 11369 89 6875 52 4494

STATEMENT SHOWING INVENTORY RECORD UNDER PERIODIC LIFO

RECIEPTS COST OF GOODS SOLD BALANCE

DATE UNITS RATE AMOUNT $ UNITS RATE AMOUNT $ UNITS RATE AMOUNT $

balance 21 71 1491 21 71 1491

Purchasse

28-Mar 31 77 2387 31 77 2387

22-Aug 42 81 3402 42 81 3402

14-Oct 47 87 4089 47 87 4089

TOTAL 141 11369 89 7491 52 3878

STATEMENT SHOWING INVENTORY RECORD UNDER PERIODIC WEIGHTED AVERAGE

RECIEPTS COST OF GOODS SOLD BALANCE

DATE UNITS RATE AMOUNT $ UNITS RATE AMOUNT $ UNITS RATE AMOUNT $

balance 21 71 1491

Purchasse

28-Mar 31 77 2387

22-Aug 42 81 3402

14-Oct 47 87 4089

TOTAL 141 80.63 11369 89 80.63 7176 52 80.63 4193

5 0

3 years ago

Yoyodyne is a multinational communications and information technology corporation. Its principal products are mobile telephones

love history [14]

Answer:

b) crowdsourcing

Explanation:

Analyzing the information about the issue, it is correct to say that the multinational Yoyodyne is using the crowdsourcing model, which is a practice of recruiting volunteers to generate new ideas. This practice can confer many advantages for organizations, such as problem solving and innovation from a new perspective and at a lower cost, which can contribute to the success of an organizational campaign. Another advantage of the application of crowdsourcing is the engagement of your target audience, who feel part of an important project and increase their perception of the brand, generating greater loyalty and satisfaction.

3 0

3 years ago

Discussion (LO. 1, 2) Marmot Corporation pays a dividend of $100,000 in the current year. Otter Corporation, a calendar year C c

Triss [41]

Answer:

The correct response will be:

(a) 15%, 21%

(b) 15%

Explanation:

(a)

Otter Company would be entitled to subtract a dividend received equal to 50% including its dividends it obtained. For the continued membership including its dividends, these will pay an income tax of 21 percent.

The organization would then expect to be paid 21 percent tax mostly on the remaining part including its dividend while the federal income rate that is applied to it would be 21 percent.
A business but with much less than 20 percent investment is given just 50 percent including its allowance as well as the additional dividend revenue is exempted from taxes of 21 percent.

(b)

Gerald would have all the split ones in sales. At either the 15 percent rate, he is going to pay tax.

7 0

3 years ago

QUESTION 4 / 10

Umnica [9.8K]

Answer:

C. The longer you use credit responsibly, the higher your

credit score will be.

Explanation:

A credit card allows its user to access a short term loan. Every payment made via a credit card is considered a loan. The loan attracts interest monthly. Defaulting on credit card payments is similar to defaulting on any other loan type.

Responsible use of a credit card entails using it only when necessary. It means making prompt payments to clear monthly bills.

Credit card history is important information when tabulating an individual's credit score. Anyone who uses their credit card responsibly ends up with a good credit score.

3 0

3 years ago

Cash consists of: a. coin, currency, and postage stamps. b. coins, currency, checks, money orders, money on hand or on deposit i

Airida [17]

Answer:

b. coins, currency, checks, money orders, money on hand or on deposit in a bank or similar depository.

Explanation:

Cash consists of coins, currency, checks, money orders, money on hand or on deposit in a bank or similar depository. Cash is distinct from postage stamps, credit, money orders or checks that are not physically being held by the holder.

Cash can be defined as a legal tender such as money in its physical form which can typically be used to purchase goods and services, as well as pay debt.

7 0

3 years ago