Answer:
c. Total units accounted for = units in ending work in process + units transferred out
Explanation:
Total units accounted -
It refers to the total units completed during any work process , is referred to as the total units accounted .
i.e. ,
The total units accounted is the sum of the units transferred out plus the units in the end of the process .
Hence ,
Total units accounted for = units in ending work in process + units transferred out , is the correct equation .
Answer: $13,050
Explanation:
The Cash collected from receivables can be calculated by;
= Beginning Accounts Receivable + Sales revenue - Receivables written off - Ending Accounts Receivable
= 2,800 + 14,000 - 150 - 3,600
= $13,050
Answer:
The best example I can think of that would integrate all of these concepts is when a business is looking to finance some sort of project and they are seeking financing either through the issuance of bonds or a loan from a bank. Some of the concepts would be important to both parties, while others would be more important to one than the other.
Cash Flow
This would be important to both parties. The business, to make sure they have enough cash flow to pay for the financing. And the financiers, for the same reason.
Ratio Analysis
This would be important to both parties for the same reason as above. Especially the "current ratio" (current assets / current liabilities) and the "working capital" ratio (current assets - current liabilities).
Financial Statements
This would be of most importance to the financiers. They would want to see the total picture of a company's financial strength.
Time Value of Money
This would be of most importance to the company itself. They would want to know if the project was worth the total amount they would be paying on the bonds or the loan
Answer:
flexibility
Explanation:
According to classical economists, the price-wage-interest rate flexibility refers to a combination of flexible factors that maintains economic stability:
- Flexible interest rates keeps the money markets (loans) in equilibrium.
- Flexible wages keeps the labor market in equilibrium.
- Flexible prices keeps the goods and services markets in equilibrium.
Therefore, if spending declines, the economy will self-adjust using flexible interest rates (interest rates should lower), flexible wages (wages should lower) and flexible prices (prices should lower) until the economy rebounds.
