Answer:
C. Finished Goods Inventory has decreased.
Explanation:
Cost of goods manufactured (COGM) increases when finished goods inventory is <em>produced</em>, while cost of goods sold (COGS) increases when finished goods inventory is <em>sold</em>. If COGS has been increasing faster than COGM has been increasing, the company has been selling more goods than it has been producing. Therefore, it must have sold goods from its surplus of finished goods inventory. Thus, finished goods inventory has decreased.
Answer: The correct answer is c. increase in Discount on Notes Payable for $2,100.
Explanation: 6% of $35,000 for a year is $2,100. From the facts in the question, the Bank deducted the interest in advance, this means the net cash York Construction Company got was $35,000 - 2,100 = $32,900 but note that this does not change the principal amount obligation the Company is obliged to pay the bank, which remains $35,000. What the Company needs to do is to recognize the $35,000 as Notes Payable (Debit Cash and Credit Notes Payable) and recognize a Discount on Notes Payable of $2100 (Debit Discount on Notes Payable and Credit to Cash). Subsequently, based on the 1-year tenor, the Company would unwind the discount to finance charge / interest expense as $2,100 / 12 = $175 monthly (Debit Interest expense; Credit Discount on Notes Payable).
Answer:
an increase; an increase
Explanation:
Open market operations is a monetary policy instrument which is used by the Fed to control the money supply in an economy. In open market operations, there is a buying and selling of government securities from the public through banks.
If Fed purchases the government securities from the market then this will increase the money supply in an economy and there is a flow of money from Fed to public. This purchase of securities will also increase the reserves of the banks which they can utilized in lending to the individuals and other organisations.
Answer:
The second
Explanation:
Professional sales involves acts of convincing businesses or individual consumers to purchase your product or service. Merchandising relates to an attempt of getting products in the hands of customers and includes forecasting, planning, buying, displaying, selling and providing customer service. They are both part of Marketing, Sales and Services pathway.
Answer:
The answer is "Choice B".
Explanation:
Please find the numbering of the question in the attached file.
Jack needed to steal money to create a children's Wild Wild West hillbilly animatronic rewards house. The state has a surplus, that has forced up Jack's already too high rate of return to exploit.
Its consequence for crowdedness is government spending for capital investors. Enhanced public expenditure results in domestic income. Its increase in government income generates an unstable monetary market with the increase in interest rates and holds the demand for money equal to a money supply set by a commercial bank. Increased rate of interest affects manufacturing costs but declines in private sector investment.
