1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
uysha [10]
3 years ago
10

Carolina mills purchased $270,000 in supplies this year. the supplies account increased by $10,000 during the year to an ending

balance of $66,000. what was supplies expense for carolina mills during the year?
Business
1 answer:
goldenfox [79]3 years ago
4 0

<u>Calculation of supplies expense for Carolina mills during the year:</u>


The Supplies Expense for the year can be calculated using the following formula:


Supplies Expense for the year = Supplies Beginning Balance + Supplies added or purchased during the year – Supplies Ending balance


= 56000 + 270000 -66000

= $260,000

(Note: It is given that the supplies account increased by $10,000 during the year to an ending balance of $66,000 that means the Supplies Beginning Balance was 66000-10000 = $56,000)


Hence, the supplies expense for Carolina mills during the year is <u>$260,000</u>


You might be interested in
In the short run, expansionary monetary policy ___________ real gross domestic product (GDP), ___________ unemployment, and ____
iren2701 [21]

Answer:

a.raises; lowers; raises

Explanation:

An expansionary monetary policy is usually undertaken by the Central bank to increase money supply.

When money supply is increased, output increases and real GDP rises.

The rise in money supply which causes output to increase would lead to an increase in demand for Labour. This would reduce unemployment.

Because of rise of money supply, the supply of money in the economy would rise and the price level would rise.

I hope my answer helps you.

5 0
3 years ago
What are the things needed to do a work or activity called..​
34kurt

yesAnswer:

hekpls

Explanation:

6 0
2 years ago
“the dry cleaner on the corner is an eyesore.” this is a subjective claim because it
Oxana [17]

‘The dry cleaner on the corner is an eyesore’ is a subjective claim because a subject claim is not something that is factual rather it is an expression or an opinion that an individual says, in which the sentence is an example as it is an expression.

4 0
2 years ago
Tom knows that the title insurance company made a mistake on his property title. Because of their mistake, his neighbor now has
kow [346]

Answer:

risk aversion.

Explanation:

Have you ever heard "A bird in the hand is worth two in the bush"?

It relates to safe investments or activities that yield known returns, instead of simply trying to go after more birds that you might or might not catch.

Tom knows that he can sue the title company and earn a lot of money, but he also knows that he might lose the case and instead of getting some money will have to spend a lot of his money in legal fees. Since he dislikes the risk of losing both the suit and his own money, he decided to accept the company's settlement.  

3 0
2 years ago
Esmerelda simplified a complex fraction. Her work is shown below.  What errors did Esmerelda make? Select three options. Esmere
Schach [20]

Picture relating to the question is attached below :

Answer:

Esmerelda did not use the recipro al of the Divisor.

Esmerelda added the numerator

Esmerelda added the denominator

Explanation:

Esmerelda's work:

-5 1/4 ÷ 3/2= -21/4 ÷3/2 = (-21/4)(3/2) = -24/6 = - 4

Esmerelda's errors:

When changing the quotient sign to multiplication ; the reciprocal of the denominator should be used to divide the numerator :

Hence,

-21/4 ÷3/2 = (-21/4)(3/2) (wrong expression)

-21/4 ÷3/2 = (-21/4)(2/3) (correct expression)

Also,

(-21/4)(3/2) = -24/6 ( wrong simplification)

The bracket symbol indicates multiplication. Hence, the values should be multiplied. The two Numerator values and the two denominator values.

5 0
2 years ago
Read 2 more answers
Other questions:
  • CA5-5 WRITING (Cash Flow Analysis) The partner in charge of the Kappeler Corporation audit comes by your desk and leaves a lette
    6·1 answer
  • If a firm has high current and quick ratios, this always is a good indication that a firm is managing its liquidity position wel
    7·1 answer
  • The process of monitoring activities to ensure that objectives are being accomplished as planned and corrections made where sign
    15·1 answer
  • Rowdy's Restaurants cash flow ($ in millions)
    11·2 answers
  • Consider the following information for Maynor Company, which uses a periodic inventory system: Transaction Units Unit Cost Total
    6·1 answer
  • Which of the following is a false statement?
    15·1 answer
  • Fredrick purchased a property worth $150,000 on mortgage. He paid $30,000 as a down payment on this property. However, a recent
    14·1 answer
  • 2 Assume the following data for a country: total population, 500; population under 16 years of age or institutionalized, 120; no
    12·1 answer
  • Which of the following will cause an increase in Supply for the Short-Run Macroeconomic model?
    14·1 answer
  • In a partnership, partners may not compete against their own partnership unless:A. they do not monetarily benefit from their com
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!