Answer:
C. Inventory.
Explanation:
Inventory would be credited, because the company has sold it's inventory, and it is gone, so whatever goes out is always credited.
Answer:
c.$52,671
Explanation:
The computation of the cash proceeds to chang co is shown below;
But before that, we have to find the interest which is
= Issued amount × discount rate × number of days ÷ total number of days in a year
= $54,300 × 9% × 120 days ÷ 360 days
= $1,629
Now the cash proceeds are
= Issued amount - interest amount
= $54,300 - $1,629
= $52,671
hence, the correct option is c.
Answer:
This is an example of shoe-leather costs of inflation.
Explanation:
In this case, local currency looses its value so quickly that <u>Lorenzo is doing a great efford to mantain the value of his work.</u> Then we can refer to shoe-leather cost of inflation, which is related to cost of time and effort that Lorenzo spend trying to avoid the lost of purchaising power.
Answer:
I'm sorry I didn't understand so can you pz
Answer:
a. Variable cost
b. Fixed cost
c. Fixed cost
d. Mixed cost
e. Variable cost
f. Variable cost
g. Variable cost
h. Fixed cost
i. Variable cost
j. Mixed cost
k. Mixed cost
l. Mixed cost
m. Variable cost
n. Variable
o. Fixed cost
p. Fixed cost
q. Fixed cost
r. Variable cost
s. Variable cost
t. Fixed cost
Explanation:
Note the following categories of costs:
Variable cost: This are cost that are subject to change such cost includes purchase cost of supplies, bills based on usage, hourly wages expenses.
Fixed cost: are generally recognisable cost that are stable over time, such as rent, salary, specific expense that have a fixed price etc.
From the overall analysis of the cost of Seymour Clothing Co. it is noticed that most of their expenses are variable in nature with less of mixed and fixed expenses (cost).
