Answer:
He was the smartest kid in the class because he knew how to solve the hardest math problem on the worksheet.
Explanation:
Answer:
The alignment of the choices are off but here's the explanation for solving this question below;
Explanation:
Using a $ sign before a column label, keeps the reference to column fixed,
but allows the row reference to change. Generally, putting a dollar sign ($) before a column label or row label puts an absolute reference to that respective column or row while keeping the other changing. For example;
In $C5, "C" is the column reference while "5" is the row reference. Because there is $ sign before C, that column will be fixed and the row will change
Explanation:
The whole principal plus any debt shall be paid by a single payment lender on the same day the lender expires. Instead of multiple instalments, individual interest loans concurrently calculate the full rate.
When should a single payment loan be considered?
If your loan amount of money is high, if you choose a single payment, you will pay a lower interest.
You might, for example, save $12,000 and try to spend $10,000 on shopping like a holiday or a bell. You don't want to deplete your savings because you have a single credit for payment. This can save more money in the future you will pay $10,000 for the loan without dropping the bank account.
Answer:
Items a) and b)
a) items used currently in the production of goods to be sold items
b) held for resale items currently in production for future
Explanation:
Inventory consists of current assets to be used in production of final goods or are the ones which are final goods and held for sale.
In the given case also, statement a includes raw materials, which are used to make the final good to be sold, which is a part of inventory.
Further, statement b includes work in production or final goods which are currently in production but would be resold.
The items which are kept for their use as like machinery or furniture or which shall be disposed are not inventory but are in fixed assets category.
Answer: The Southern Corporation manufactures a single product and has the following cost structure:
Explanation:
Fixed costs per year: Production$98,770 Selling and administrative$86,920 Last year, 5,810 units were produced and 5,610 units were sold. There was no beginning inventory. The carrying value on the balance sheet of the ending inventory of finished goods under variable costing would be:
