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3 years ago

The acronym now, when used by financial institutions, stands for ________ and is a type of interest-bearing checking account.

1 answer:

5 0

The answer is negotiable order of withdrawal or short for the acronym NOW. The acronym NOW, when it is used in terms of financial institutions, in stands for Negotiable Order of Withdrawal, it is a type of interest-grossing checking account wherein a patron or customer is allowed to create drafts against cash held on deposit or in short words, the owner of the account can write an unlimited amount of checks for drafts or to be used.

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the cost object(s) of the activity-based costing method is(are): Multiple Choice The unit of product. The production departments

Agata [3.3K]

Answer: d. The production activities in the first stage and the unit of product in the second stage

Explanation:

Activity based Costing is primarily a method of assigning indirect costs like administrative expenses to the goods and services manufactured by a company by basing it on the activities of the company.

With Activity Based Costing, the company aims to figure out how much these aforementioned activities cost first and then calculating the cost per unit in the second stage by assigning cost per level of activity.

7 0

3 years ago

MONEY Deanna and Lise are playing games at the arcade. Deanna started with $15, and the machine she is playing costs $0.75 per g

goblinko [34]

Answer:

The answer is: after 8 games

Explanation:

You can solve this problem in two ways:

Deanna Lise

Start with $15 $13

After 1 game $14.25 $12.50

After 2 games $13.50 $12.00

After 3 games $12.75 $11.50

After 4 games $12.00 $11.00

After 5 games $11.25 $10.50

After 6 games $10.50 $10.00

After 7 games $9.75 $9.50

After 8 games $9.00 $9.00

Or you can solve this equation:

= (price of arcade D - price of arcade L) / (Deanna's money - Lise's money)

= ($0.75 - $0.50) / ($15 - $13) = $0.25 / $2 = 8

7 0

3 years ago

oss Music Inc. reported the following selected information at March 31. 2022 Total current assets $262,787 Total assets 439,832

Alexxandr [17]

Answer:

Please see below

Explanation:

a. Current ratio

= Total current assets / Total current liabilities

= $262,787 / $293,625

= 0.89

b. Debt to assets ratio

= Total current liabilities / Total assets

= $293,625 / $439,832

= 0.67

c. Free cash flow

= Net cash provided by operating activities - Dividends - Capital expenditure

= $62,300 - $12,000 - $24,787

= $15,685

5 0

2 years ago

S is close to retiring and would like to purchase a policy that will yield greater gains than bonds, but will still protect the

Lady bird [3.3K]

The answer is Equity Index Insurance. The equity index insurance is a stable life insurance policy that allows policyholders to tie build-up values to a stock market index. The indexed universal life insurance policies characteristically comprise a minimum definite fixed interest rate constituent along with the indexed account selection. The equity index insurance work as the total sum of cash value is accredited with interest founded on increases in an equity index but it is not openly capitalized in the stock market. Some policies permit the policyholder to select numerous index

7 0

2 years ago

Golden Marine Stores Company manufactures special metallic materials and decorative fittings for luxury yachts that require high

drek231 [11]

Answer:

A. The company paid a higher cost for the direct materials than allowed by the standards.

Explanation:

The following is a logical explanation for this variance:

Since, the standard quantity of raw materials to be used is 22 pounds x 500 units = 11000 pounds. The actual usage is 9500 pounds ony. Hence, variance in direct material price variance can be only due to higher cost of direct material purchased.

7 0

3 years ago