Answer:
D) Liquidity
Explanation:
A closely held corporation has a limited number of stockholders, that is why their shares are not frequently traded. An advantage of purchasing shares from a publicly traded corporation is that they are traded on a daily basis, and if the investor needs to sell his/her shares, it can be done fairly quickly (they are a fairly liquid investment). On the other hand, since the shares of a closely held corporation are not frequently traded, even though they might be listed on a stock exchange, it may take much longer to sell them which makes them an illiquid investment.
Whole-life insurance has a cash value for the insured person if he decides to stop paying premiums and cash the policy in. This statement is a fact (true).
If the insured person gives up his policy he will receive the cash value not the face amount. If he dies, his beneficiaries will receive the face amount.
Answer:
Id say the last or first one
Answer:
$510,000
Explanation:
The computation of the total manufacturing cost is shown below:
= Direct material + direct labor + manufacturing overhead
where,
Direct material is
= Opening balance + purchase + transportation - ending balance
= $67,000 + $163,000 + $2,000 - $62,000
= $170,000
Direct labor is $200,000
And, the manufacturing overhead is
= $200,000 × 70%
= $140,000
So, the total manufacturing cost is
= $170,000 + $200,000 + $140,000
= $510,000
