Answer: C. Work in Process Inventory.
Explanation:
When Raw Materials are purchased they are simply put into the Materials Account.
When the company needs to start working on them however, they will transfer the raw materials to the Work in Progress account which records the Direct Materials and Direct Labor that are used in the Production process. By Debuting this account they indicate that the materials in it have increased.
Answer:
$0
Explanation:
Given that,
Deposits = $100,000
Required reserve ratio = 25 percent
Total bank reserves = $25,000
Required reserve ratio refers to the ratio of deposits that are kept with the federal reserve.
Required reserves:
= Deposits × Required reserve ratio
= $100,000 × 0.25
= $25,000
Excess reserves:
= Total reserves - Required reserves
= $25,000 - $25,000
= $0
So, there is no excess reserves in this economy.
Money multiplier:
= 1/Required reserve ratio
= 1/0.25
= 4
Therefore, the total money creation potential of this deposit is zero.
The answer is marginal revenue (MR) curve above $22.
Explanation:
Jim and Lisa Groomers will maximize its accounting profit when taking it to 0 its economic profits when marginal revenue = marginal costs.
Economic profits are not the same as accounting profits because they include the opportunity costs of investing the money somewhere else. That is whythe long run firm is not able to make economic profits since as they exist, new competitors will enter the market. But in the case of the shoert run, the firms are able to make economic profit, but by doing so, they cannot maximize their accounting profit.
Economic profit = account profit = Opportunity profit
Opportunity cost are extra costs or benefitslost from choosing one activity or investment over another one.
Answer: 0.11 or 11%
Explanation: The dollar-weighted return (DWR) measures the rate of return of an investment or a portfolio, taking under consideration the timing of flows. for every deposit, add the resulting amount to the start balance, and for every withdrawal, subtract that quantity. Check the attachment for the solution.
Once you've got both numbers, divide the first by the second. which will offer you the dollar-weighted investment return, which you'll then multiply by 100 to give you a return in percentage terms.
Answer:
5.79 times
Explanation:
The times interest earned ratio tells us the number of times the company's made earnings in multiple of its debt interest obligation.
The formula for times earned interest ratio is the income before interest and taxes divided by the interest expense.
income before tax is $302,634
income before interest and taxes= $302,634+$63,228=$365,862.00
times interest earned ratio=$365,862.00/
$63,228= 5.79 times
