The correct answer is D. Adjusted balance method.
Adjusted balance method in termed as the method which is being used by finance companies and banks to calculate for finance charges or interest income. which is known to be associated with credit card account or bank account.
The finance waits to aggregate all the adjustments and also calculates finance charges or interest rates by the end of billing period which will depend with the ending balance.
Answer:
consumer responsibility. This is when consumers purchase goods that would not harm the environment or would not be hazardous to one’s health. They make healthy and environment-friendly choices in buying items that they need. These are usually people who are concerned about what they buy and how it would affect not only them but the area surrounding them.
Answer:
Explanation:
The preparation of the 2021 EPS presentation for the Esposito Import Company is shown below:
Income from continuing operations $7 million
Less: Loss from discontinued operations ($1.4 million)
Net income $5.6 million
Now the earning per share would be
Earning per share = (Net income) ÷ (Number of shares)
= ($5.6 million) ÷ (1 million shares)
= $5.6 per share
Answer:
B. False.
Explanation:
The above statement is false in that it asserts that information has not become the lifeblood of every organization. While it's true that an increasing volume of information today has increased and exchanged through the social networks and web2.0 tools like blogs, microblogs and wikisa, this further lends credence to the indispensability of information in this contemporary times.
In contrast, what Frank and Smallwood(2013) preached was that information has now become a lifeblood of every organization. This is an undisputed reality in their study and intellectual intervention. Thus, they went on give a demographic distribution of information through the use of social networks and/or web2.0 tools like blogs, microblogs, and wikisa.
Answer:
D. Natural gas refinery
Explanation:
Processing cost system is when identically units are mass produced. It involves assigning materials, factory labour, overhead cost and so on in an effort to value finished goods inventory. Process cost involves allocation of cost for different set in each process. It helps in determining total cost of producing a unit of commodity. It is best suited for the natural gas refinery because of the various steps involved in the processing and manufacturing of products as cost can be identified and allocated for each steps and also because what is produced are identical units which are mass produced.
