Answer:
Balance sheet is the correct answer because it tells about the worth of company, its assets, shareholders funds (Equity) and amount borrowed by the company (Liability). Balance sheet is also known as Statement of Financial Position (SOFP)
All the other options tells about the earnings and costs of the company not about the assets and liabilities of the company.
Answer:
Predetermined manufacturing overhead rate= $14.8 per machine hour
Explanation:
Giving the following information:
Factory 1
Estimated factory overhead= $18,500,000
Estimated machine hours for year 1,250,000
T<u>o calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 18,500,000/1,250,000
Predetermined manufacturing overhead rate= $14.8 per machine hour
The correct answer is : light Industry
Since a light industry only produce small consumer goods such as clothes, shoes, hand made dolls, etc, it usually less capital oriented than the heavy industries and more consumer oriented than business oriented
A market economy serves as an economic system in which economic activities is been controlled by individuals.
<h3>What is
market economy?</h3>
market economy serves as the economy that that gives country's individual citizens and businesses to be able to make decisions .
This decision could be pricing of goods and services which are been controlled by the interactions of a country's individual citizens.
COMPLETE QUESTION:
Explain market place economy
Learn more about market economy at:
brainly.com/question/11471834
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The Federal Reserve System<span> often referred to as the </span>Federal Reserve<span> or simply the </span>Fed<span> is the central </span>bank<span> of the United States. It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial </span>system<span>.</span>
