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vekshin1
3 years ago
15

All of the following describe a balance sheet except which one? A. The balance sheet reflects the results of multiple transactio

ns. B. The balance sheet contains assets, liabilities, and owner’s equity sections. C. The balance sheet is a picture of a business in financial terms. D. The balance sheet contains only assets and liabilities sections.
Business
1 answer:
jasenka [17]3 years ago
4 0
The answer to this question would be D the balance sheet contains only assets and liabilities sections
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Qu. 10-150 (Algo) Majer Corporation makes a product with ... Majer Corporation makes a product with the following standard costs
Galina-37 [17]

Answer:

Direct material quantity variance= $10,000 favorable

Explanation:

Giving the following information:

Standard Direct materials 6.4 ounces $ 2.00 per ounce.

Actual output 6,000 units

Raw materials used in production 33,400 ounces

<u>To calculate the direct material quantity variance, we need to use the following formula:</u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (6.4*6,000 - 33,400)*2

Direct material quantity variance= (38,400 - 33,400)*2

Direct material quantity variance= $10,000 favorable

3 0
3 years ago
A———— <br> Is a potential situation that a firm is equipped to take advantage of
olasank [31]

Opportunity often comes and it is a potential situation that a firm is equipped to take advantage of.

<h3>What is Opportunity?</h3>

Opportunity are potential that equipped a firm to take advantage of opportunities .

This is related to market, as it helps analyse external opportunities.

Therefore, opportunity often comes and it is a potential situation that a firm is equipped to take advantage.

Learn more on market opportunity here,

<em>brainly.com/question/8493674</em>

8 0
2 years ago
Suppose that we observe two comparable properties that have each sold twice within the past four years. Property A sold 24 month
Elina [12.6K]

Answer:

0.475% per month

Explanation:

value of property A 24 months ago = $500,000

current value of property A = $425,000

total decrease in value = $500,000 - $425,000 = $75,000 or 15%

monthly % decrease:

1.15 = (1 + r)²⁴

²⁴√1.15 = (1 + r)

1.0058 = 1 + r

r = 0.00584 = 0.58% decrease per month

value of property B 48 months ago = $575,000

current value of property A = $465,000

total decrease in value = $575,000 - $465,000 = $110,000 or 19.13%

monthly % decrease:

1.1913= (1 + r)⁴⁸

⁴⁸√1.1913 = (1 + r)

1.0037 = 1 + r

r = 0.0037 = 0.37% decrease per month

if both properties are weighted equally, then the market decrease per month = (0.58% x 1/2) + (0.37% x 1/2) = 0.475% per month

4 0
3 years ago
See Hint Haiti is a very poor country. Singapore is much smaller geographically and has far fewer people, but it is roughly 70 t
Alecsey [184]

Answer:

Option A

Explanation:

Health standards in developed countries are much better than that of developing and underdeveloped nations. This is due to the advancement made in health infrastructure and medical technology. Also, people in developed nations are much educated to give priority to their health as compared to people living in developing or underdeveloped countries.

Hence, option A is correct

4 0
2 years ago
11) Outside the relevant range, variable costs, such as direct material costs ________. A) will not change proportionately with
Marrrta [24]

Answer:

A) will not change proportionately with changes in production volumes

Explanation:

Variable costs are the expenses that vary as the production level increase or decrease. Usually, an increase in output leads to a proportionate rise in variable costs in a period. An example of variable cost is raw materials. Variable costs increase proportionally with output up to the optimal level.

Beyond the optimal or the normal range, variable costs tend to rise at a higher rate than the output level. The concept of diminishing marginal returns takes effect. As output increases beyond the normal range, variable cost rise at an increasing rate making the gains from the increased production decline.

5 0
3 years ago
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