1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
babymother [125]
3 years ago
5

When making a major purchase, people should

Business
2 answers:
RoseWind [281]3 years ago
5 0
Consider their future needs, you don’t want to buy something and use all your money if you need other things to
Sindrei [870]3 years ago
5 0

Answer:

A. consider their future needs.

I can confirm that is the answer on <em>Edgenuity </em>

You might be interested in
A decrease in the price of domestically produced industrial robots will be reflected in a. the GDP deflator but not in the consu
JulsSmile [24]

Answer:

A decrease in the price of domestically produced industrial robots will be reflected in the GDP deflator but not in the consumer price index.

<u>Explanation:</u>

Although from the outset, CPI and GDP Deflator might measure something very similar, there are a couple of key contrasts. The first is that GDP Deflator incorporates just local merchandise and nothing that is imported. This is diverse because the CPI includes anything purchased by buyers, including remote merchandise.

The subsequent contrast is that the GDP Deflator is a proportion of the costs all things considered and benefits while the CPI is a proportion of just merchandise purchased by shoppers.

6 0
3 years ago
True or false: When units produced are less than units sold, net income under absorption costing will be less than net income co
Oliga [24]

Answer:

True

Explanation:

Generally, net income will be the same under absorption costing and variable costing. However, producing fewer units than units sold will decrease the net income under absorption costing. As whatever the variable cost is under the absorption method, fixed manufacturing overhead remains the same that decreases the gross profit and net income. Under the variable costing, the fixed overhead will be calculated as per the units produced. Therefore, the net income will decrease proportionately.

6 0
3 years ago
During 20X0, Pard Corp. sold goods to its 80%-owned subsidiary, Seed Corp. At December 31, 20X0, one-half of these good were inc
wolverine [178]

Answer:

The amount to be repot is $1,450,000

Explanation:

in this question, we are asked to calculate the amount of selling expenses to be recorded in the company’s consolidated income statement for that year.

To answer this question, we employ a mathematical approach;

Mathematically;

Selling expenses = Total expenses - Contra Expenses

from the question, we identify that total expenses is (1,100,000 + 400,000) = $1,500,000

Contra expenses = $50,000

The selling expenses is thus; 1,500,000 - 50,000 = $1,450,000

4 0
3 years ago
Assume that Jocelyn is comparing two fixed-rate loan options, a 15 year and a 30 year mortgage. Both options have the same inter
Schach [20]
<span>Assume that Jocelyn is comparing two fixed-rate loan options, a 15 year and a 30 year mortgage. Both options have the same interest rate and amount borrowed. The 30 year, when compared to the 15 year loan will have a lower monthly payment and a higher total cost when repayment is completed.

The longer the spread of an annuity payment the lower the monthly payment and the higher the total cost of the loan.
</span>
6 0
3 years ago
Read 2 more answers
On January 1, 2012, Cale Corp. paid $1,020,000 to acquire Kaltop Co. Kaltop maintained separate incorporation. Cale used the equ
malfutka [58]

Answer:

The correct option is D) $127,000.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

On January 1, 2012, Cale Corp. paid $1,020,000 to acquire Kaltop Co. Kaltop maintained separate incorporation. Cale used the equity method to account for the investment. The following information is available for Kaltop's assets, liabilities, and stockholders' equity accounts on January 1, 2012:

                                          Book  Value        Fair Value

Current assets                      $120,000          $120,000

Land                                           72,000           192,000

Building (20yr life)                  240,000           268,000

Equipment (10yr life)               540,000            516,000

Current Liabilities                      24,000             24,000

Long-term Liabilities                120,000           120,000

Common Stock                       228,000

Additional Paid-in Capital       384,000

Retained Earnings                   216,000

Kaltop earned net income for 2012 of $126,000 and paid dividends of $48,000 during the year.

In Cale's accounting records, what amount would appear on December 31, 2012 for equity in subsidiary earnings?

A) $ 77,000.

B) $ 79,000.

C) $125,000.

D) $127,000.

E) $ 81,800.

The explanation of the answer is now provided as follows:

Total amortization of allocations for 2012 = ((Building fair value – Building book value) / 20 year) + ((Equipment fair value - Equipment book value) / 10 years) = (($268,000 - $240,000) / 20) + (($516,000 - $540,000) / 10) = -$1,000

Amount for equity in subsidiary earnings on December 31, 2012 = Kaltop earned net income for 2012 - Total amortization of allocations for 2012 = $126,000 - (-$1,000) = $126,000 + $1,000 = $127,000

The amount that would appear on December 31, 2012 for equity in subsidiary earnings is $127,000. Therefore, the correct option is D) $127,000.

4 0
3 years ago
Other questions:
  • How do I do this? I think I know how But I am not 100% sure! Thanks in advance! I will mark answer the Branliest! Calculate the
    11·1 answer
  • The going concern assumption of GAAP implies that the firm: __________
    11·1 answer
  • The average number of times a person in the target audience is exposed to an advertisement is referred to as __________.
    15·1 answer
  • Nan and Neal are twins. Nan invests $5,000 at 7 percent at age 25. Neal Invests $5,000 at 7 percent at age 30. Both investments
    8·1 answer
  • Octavio wants to compare the gross national product for six different countries for the year 2016. the best way for him to displ
    11·1 answer
  • Red Carpet Industries had retained earnings of $537,500 and $135,000 of net income. On its previous balance sheet, at 12/31/18,
    15·1 answer
  • The mode of transportation that results in the lowest transportation cost will also lower total costs for a supply chain.
    15·1 answer
  • Replenishing the Petty Cash Fund
    15·1 answer
  • 1. Employees at a call centre have earned a bonus of 0.25% of their salary. The bonus that an
    10·1 answer
  • A Birmingham, Alabama, foundries produces cast-iron ingots according to a 3-month capacity plan. The cost of labor averages $100
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!