For the answer to the question above, I think the answer is because they want <em><u>"</u></em><u><em> to</em></u><u><em> </em></u><span><u><em>reduce their employment risk; increase the company's value" </em></u>that's why they want to diversify</span>
I hope my answer helped you. Have a nice day!
Answer:
The month that is lower than the lower control limit is February ($220,000).
Explanation:
Giving the following information:
Highland Company's standard cost is $250,000.
The allowable deviation is ±10%.
Actual Fixed costs:
January $235,000
February 220,000
March 245,000
April 265,000
May 270,000
June 280,000
First, we need to calculate the lower control limit:
Lower control limit= 250,000*0.9= $225,000
The month that is lower than the lower control limit is February ($220,000).
Answer: Option (C) is correct.
Explanation:
The required reserves are the reserves that banks have to keep it with central bank. Required reserves are the fraction of Check-able deposits. The required reserves are determined by multiplying the deposited amount with the required reserve ratio.
Required reserves = Deposited amount × Required reserve ratio
Required reserve ratio is set by the central bank.
Answer:
The $29,000 is the income which does harry report
Explanation:
Special identification allocation method: Under this method, the allocation is done on the basis of days, weeks, etc to know how much inventory is left on the particular date.
First we have to calculate the income of one day so that we can easily compute for the 29 days. The calculation is shown below.
One day income = Total income ÷ Number of days in a year
= $1,460,000 ÷ 365 days
= $4,000
Now,the income is
= one day income × 29 days × rate if interest
= $4,000 × 29 × 25%
= $29,000
Thus, the $29,000 is the income which does harry report
Net change in assets = 15,000+ 75,000
= $90,000
<h3>1-Receive payment of $12,000 owed by a customer</h3>
- No effect on asset
- No effect on liability
- No effect on equity
<h3>2-Buy $15,000 worth of manufacturing supplies on credit</h3>
- Assets increase by $15,000
- Liabilities increase by $15,000
- No effect on equity
<h3>3-. Purchase equipment for $44,000 in cash</h3>
- No effect on asset
- No effect on liability
- No effect on equity
<h3>4-Issue $75,000 in stock</h3>
- Assets increase by $75,000
- No effect on liability
- Equity increases by $75,000
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