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3 years ago

What a major economic decision that each society has to think about and decide upon

1 answer:

8 0

Society must choose what to produce based on its needs. Because we live in a world of relatively scarce resources, we have to make wise economic decisions.

I hope this helps a lil

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You need to write a check for $167.50 from your checking account, which has a balance of $1,725.25. What percent of

Alex

Answer:

You need to write a check for $167.50 from your checking account, which has a balance of $1,725.25. What percent of your balance will remain?

The percent balance will remain 90%

Explanation:

$1725.25 - $167.50= $1557.75

percentage left= 1557.75/1725.25 X 100

percentage left= 90.291= 90.30%

6 0

4 years ago

Read 2 more answers

On August 1, Greene Company purchased merchandise inventory on account with a list price of $25,000 and credit terms of 2/10, n/

Alekssandra [29.7K]

Answer:

August 1, merchandise purchased on account 2/10, n/30

Dr Merchandise inventory 25,000

Cr Accounts payable 25,000

Explanation:

If Greene paid within the discount period, the journal entry to record the payment would be:

August 2-11, payment of accounts payable

Dr Accounts payable 25,000

Cr Cash 24,500

Cr Purchase discounts 500

If Greene didn't paid within the discount period, the journal entry to record the payment would be:

August 20, payment of accounts payable

Dr Accounts payable 25,000

Cr Cash 25,000

5 0

3 years ago

Performance Bicycle Company makes steel and titanium handle bars for bicycles. It requires approximately 1 hour of labor to make

alexdok [17]

Answer:

Overhead cost allocated to steel bars = $4.6 $\times$ 6,600 = $30,360

Explanation:

Provided information,

Two products manufactured

Steel Bars and Titanium bars

Number of hours = 1 hour each

Total units produced

Steel = 6,600

Titanium = 3,400

Total hours @ 1 hour for each = 6,600 + 3,400 = 10,000

Total Setup cost = $46,000

Cost per hour based on direct labor hours = $46,000/10,000 = $4.6

Overhead cost allocated to steel bars = $4.6 $\times$ 6,600 = $30,360

7 0

3 years ago

Tim, who works for Peachtree Realty, referred a buyer to a broker who works for Pinetop Realty. The referring agent is to receiv

IrinaK [193]

Answer:

$1,312.50

Explanation:

Calculation for How much was the referring agent paid

First step is to find the buyer agent amount by using the buyer's agent percentage to multiply the buyer purchased amount of the home

Using this formula

Buyer agent amount =Buyer's agent percentage× Home purchased amount

Let plug in the formula

Buyer agent amount=1.5%×$350,000

Buyer agent amount=$5,250

The last step is to find How much was the referring agent paid

Using this formula

Amount referring agent paid =Buyer agent amount× Percentage of buyer side commission

Let plug in the formula

Amount referring agent paid=$5,250×25%

Amount referring agent paid=$1,312.50

Therefore the amount that the referring agent paid will be $1,312.50

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3 years ago

Question 13 of 20

TEA [102]

Answer:

Explanation:

Answer :A

5 0

4 years ago

Read 2 more answers