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4 years ago

Period costs include

Business

1 answer:

gayaneshka [121]4 years ago

3 0

Answer:

d) operating costs that are shown on the income statement in the period in which they are incurred.

Explanation:

A period cost is that which does not relate to a particular product but rather to a passage of time.

Period costs are often costs that a firm would incurred simply because it is operational and not because goods are sold. For example, whether or not a bakery produces bread, it will have to pay for rent , salaries of administrative workers, provide for depreciation of plant and machines e.t.c.

Period costs are charged are charged to the income statement as expense in the period in which they are incurred. A very popular example of period costs are selling and administrative overheads

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In respect to a balance sheet, a stock split will: Multiple Choice not affect the total value of any of the equity accounts. inc

scoundrel [369]

Answer:

A. not affect the total value of any of the equity accounts.

Explanation:

A balance sheet can be defined as a financial statement of an organization which is typically used to record financial informations liabilities, capital, shareholder's equity, assets, debts at a specific period of time.

In respect to a balance sheet, a stock split will not affect the total value of any of the equity accounts.

A stock split can be defined as a process in which a company divides its existing shares of the stock it owns into multiple new shares to its shareholders in proportion to the amount of their holdings. Thus, a stock split will not affect the total value of any of the equity accounts with respect to a balance sheet.

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3 years ago

Elaine, a small grocer, is planning to cut certain prices to increase her sales revenues. What will be the likely result of a pr

QveST [7]

Answer:

Quantity demanded of matches will remain unchanged, Quantity demanded of tomatoes will rise

Explanation:

Law of demand states that there is an inverse relationship between price of a good and it's quantity demanded, keeping other factors affecting demand as constant.

Price elasticity of demand refers to degree of responsiveness of quantity demanded of a good with respect to a change in it's price.

In the given case, price elasticity of demand for matches is inelastic since requirement of matches is fixed and consumer won't buy additional matches if the price is reduced. Thus a price decease will not increase the quantity demanded of matches.

On the other hand, tomatoes have various uses and thus, their demand is elastic. So if price of tomatoes drops, the quantity demanded of tomatoes would rise, keeping other factors affecting demand as constant.

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3 years ago

Which would be processed as an exception to the payment rate typically calculated according to the Federally Qualified Health Ce

inn [45]

Answer:

with more than one FQHC practitioner on the same day, regardless of the length or complexity of the visit

Explanation:

<h2>STUDY HARD BRO</h2>

5 0

2 years ago

2. A couple would like to take a cruise to Alaska, 15 months from now. They have $1500 in a savings account. The savings account

ivann1987 [24]

Answer:

a.- $ 3,529.82

b.- $ 3,512.11

c.- $ 132,77

Explanation:

In each case, we must calculate the value of their current savings and the additional investment.

The saving are the same for each scenario so let's calculate that first:

$Principal \: (1+ r)^{time} = Amount$

Principal 1,500.00

time 15 years

rate 0.01000

$1500 \: (1+ 0.01)^{15} = Amount$

Amount 1,741.45

Then we add the funds generated from the investment:

a.- 110 annuity due for 15 month:

$C \times \frac{(1+r)^{-time} -1}{rate}(1+r) = FV\\$

C $ 110

time 15 months

rate 0.01

$110 \times \frac{(1+0.01)^{15} -1 }{0.01} = FV\\$

FV $1,788.3651

We add the savings and get a total of: $ 3,529.82

b.- 110 ordinary annuity

$C \times \frac{(1+r)^{time} -1}{rate} = FV\\$

C $ 110

time 15 months

rate 0.01

$110 \times \frac{(1+0.01)^{15} -1}{0.01} = FV\\$

FV $1,770.6585

Plus, original savings of 1,741.45 = 3,512.11

c.-

If they need 3,900 then the fund must cover the difference between these and the savings future value:

3,900 - 1,741.45 = 2,158.55

Now we calculate the PMT, considering the payment are at the beginning:

$FV \div \frac{(1+r)^{time} -1 }{rate}(1+r) = C\\$

FV $ 2,158.55

time 15

rate 0.01

$2158.55 \div \frac{(1+0.01)^{15} -1}{0.01} (1+0.01) = C\\$

C $ 132.770

3 0

4 years ago

A temporary license permits the holder to drive for how many days

Drupady [299]

A person who has a temporary license have shorter days of having to be permitted to drive than of who have an actual license. Those who has temporary license are only permitted to drive for sixty days and when converted to months, they are permitted to drive for two months.

4 0

4 years ago