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mafiozo [28]
3 years ago
12

Which of the following presents a summary of the changes in a firm’s balance sheet from the beginning of an accounting period to

the end of that accounting period? The statement of retained earnings. The statement of working capital. The statement of cash flows. The statement of net worth.
Business
1 answer:
svet-max [94.6K]3 years ago
3 0
The correct answer is <span>The statement of cash flows. </span>The statement that presents a summary of the changes in a firm’s balance sheet from the beginning of an accounting period to the end of thataccounting period is "the statement of cash flows."
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Larry wants to hold an event that covers Dual Special Needs Plans (SNP). He will use the slide presentation provided by UnitedHe
Darina [25.2K]

Answer:

Not marketing sales event informal

Explanation:

Since Larry wants to hold an event that covers Dual Special Needs Plans (SNP) which are Medicare Plans that intend to help limit membership as well as helpntailor to people with a specific diseases in which he will be using slide presentation that was provided by United Healthcare to help explain the plan benefits and as well help the consumers to complete their enrollment applications at the end this means that the type of event that Larry need to conduct will be NOT MARKETING SALES EVENT INFORMAL reason been that United Health care enables people or individual to gain access to the services that address the most important and significant causes of disease and death in which they as well ensures that all the quality of the services they rendered is good enough to help improve the health and vitality of the people who receive their services.

5 0
3 years ago
During the month of April, direct labor cost totaled $15,000 and direct labor cost was 40% of prime cost. If total manufacturing
Aleonysh [2.5K]

Answer:

Manufacturing overhead= $39,500

Explanation:

Giving the following information:

Direct labor= $15,000

Direct labor cost was 40% of prime cost.

Total manufacturing costs= $77,000

<u>First, we need to calculate the prime cost:</u>

<u></u>

Prime cost= direct material + direct labor

Prime cost= 15,000/0.4= 37,500

<u>Now, we can determine the manufacturing overhead:</u>

Manufacturing overhead= total manufacturing costs - prime costs

Manufacturing overhead= 77,000 - 37,500

Manufacturing overhead= $39,500

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3 years ago
Which of the following statements is correct? Multiple Choice
nikitadnepr [17]

Answer: D -LIFO results in a higher net income than FIFO when costs are falling.

Explanation:

The LIFO and FIFO are methods of accounting for inventory.

LIFO means last in, first out. It means the last inventory purchased is the first inventory sold.

FIFO means first in,first out. It means older inventories are sold off first.

During period of rising prices, LIFO results in lower net income because the Cost of Goods Sold is higher. Inventories cost more during periods of rising prices.

When prices are falling , the LIFO method results in a lower cost of goods sold and therefore a higher net income.

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4 years ago
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Novay_Z [31]

Answer:

b. greater; normal

Explanation:

Income elasticity describes the response of the demand of a certain good to the change of the income of the consumers. If the elasticity of income is greater than zero (or is positive) , then we can categorize that particular good as a "normal good". This means that as the income of the consumers increases, the demand of that particular good increases as well.

The counter part of a normal good is called inferior good. They have a negative elasticity of income, which means as the income of consumers increases, the demand of that particular good decreases.

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3 years ago
Will has lived in the united states since 2000 and has an individual taxpayer identification number (itin). will is single and 2
Nitella [24]

Will should be able to claim all of these deductions.

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3 years ago
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