Which part of the egg does the letter B represent

Suppose that last year $30 billion in new loans were extended by banks while $50 billion in old loans were paid off by borrowers

matrenka [14]

So, 30 billions were borrowed and 50 billion were returned, which means that the amount returned was bigger than the amount borrowed. This means that the there is now less money in the circulation (on people's accounts, money being exchanged between people), which means that the money supply decreased.

7 0

4 years ago

Climate and terrain in several south american countries are conducive to growing coffee efficiently. while other countries can g

elixir [45]

The answer is they have a comparative advantage in growing coffee. Comparative advantage is defined as the advantage an actor is given to produce goods and services at a lower cost. With the appropriate climate and terrain, South America need not to use more capital in producing coffee.

6 0

4 years ago

Read 2 more answers

Describe an example of an equity investment that can also produce income. (1-3 sentences)

maxonik [38]

We can take an example of an equity income<span> that can also produce income</span> is the profit paid by the organizations of which you have offers of stocks. Organizations pay yearly profits to its investors. Or another example is that you could lease or rent a house and get month to month rent from the renter.

4 0

3 years ago

On October 1, 2018, Bullseye Company sold 250,000 gallons of diesel fuel to Schmidt Co. at $3 per gallon. On November 8, 2018, 1

drek231 [11]

Answer:

1) We must follow the revenue recognition principle in order to determine whether these transactions represent one single performance obligation or three separate ones. If revenue can be recognized after each delivery has been made, then each transaction will be considered a separate performance obligation.

Personally, I believe that on November 8, 2018, $450,000 in revenue must be recognized since title of the goods passed from Bullseye to Schmidt. That means that the earning process had been realized. The same for the other transactions, so I would consider them 3 separate performance obligations.

2) total revenue for 2018:

November 8 = $450,000

December 27: $150,000

total = $600,000

7 0

3 years ago

Additional information about the company follows: Hubs require $24 in direct materials per unit, and Sprockets require $17. The

Katen [24]

Question Completion:

Fogerty Company makes two products, titanium Hubs and Sprockets. Data regarding the two products follow:

Direct Labor Production

hours per unit Units

Hubs 0.7 27,000

Sprockets 0.3 59,000

Answer:

Fogerty Company

The unit product cost of each product according to the ABC system:

Hubs Sprockets

Unit production cost $46.22 $22.46

Explanation:

a) Data and Calculations:

Hubs Sprockets

Direct materials per unit $24 $17

Direct labor rate per hour $14 $14

Direct labor per unit $9.80 $4.20 ($14 *0.3)

Estimated Activity Activity Cost Pool Overhead Hubs Sprockets Total

(Activity Measure) Cost

Machine setups (number of setups) $ 27,000 125 100 225

Special processing (machine-hours) $ 258,000 4,300 0 4,300

General factory (organization-sustaining) $ 124,800 NA NA NA

Total overhead expenses $409,800

Activity rate:

Machine setups = $120 ($27,000/225)

Special processing = $60 ($258,000/4,300)

General factory = $62,400 ($124,800/2)

2. The unit product cost of each product according to the ABC:

Overhead costs:

Hubs Sprockets Total

Machine setups $15,000 $12,000 $27,000

Special processing 258,000 0 258,000

General factory 62,400 62,400 124,800

Total overhead $335,400 $74,400 $409,800

Units produced 27,000 59,000 86,000

Overhead per unit $12.42 $1.26

Hubs Sprockets

Direct materials per unit $24.00 $17.00

Direct labor per unit $9.80 $4.20

Overhead cost per unit $12.42 $1.26

Unit production cost $46.22 $22.46

3 0

3 years ago