I believe that you would get a statement for your checking account monthly because you need to know how much money get withdraw ed and how much is left.
Answer:
$768
Explanation:
The computation of the ending inventory using weighted average cost is shown below:
But before that average cost per unit is
= (510 × $2.44 + 380 × $2.72) ÷ ($510 + $380)
= ($1,244.40 + $1,033.60) ÷ (890)
= $2.56
Now the ending inventory is
= (890 - 590) × $2.56
= $768
Answer:
The options are given below:
A. Long term disabilities
B. Fixed assets
C. Current liabilities
D. Current assets
E. Income
The answer is C.
Explanation:
Current liabilities refer to the obligations or debts owed by an organization, and which are due within a year or within the normal functioning cycle.
Current liabilities usually appear on the Balance Sheet of an organization and they include:
- accounts payable,
- accrued liabilities,
- short-term debt, and
- other similar debts.
Therefore, in the scenario presented above, the annual interest of 2.5 percent qualifies as a current liability, because it is due to be paid annually.
Answer:
real interest rate decreases, national saving increases, investment increases, consumtion is unchhanged, output is unchanged (fixed because it is determined by the factors of production).
Explanation:
Answer: Disadvantage of $52,000
Explanation:
Financial advantage(disadvantage) of dropping Product A will depend on if the savings associated with the drop will be more than the contribution margin that A brings in.
If the product is dropped, the fixed costs that would be dropped are: the salary of the manager, the advertising for the product and the insurance on the inventories of the product.
The other fixed costs are either general or irrelevant (product does not wear so depreciation is irrelevant)
Advantage (disadvantage) = Savings - Contribution margin
= (65,000 + 35,000 + 8,000) - 160,000
= (52,000)