What was the first product sold by heinz in 1869?

What are the disadvantages if Jamir decides to purchase the car? Check all that apply.

dalvyx [7]

Answer:

He will have to come up with a bigger down payment.

His monthly payments will be higher.

Good luck:)

6 0

4 years ago

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Government purchases are spending by the government on goods, services, and factors of production. Government expenditures repr

Law Incorporation [45]

Answer: A. there has been a major increase in the amount of transfer payments the government makes through programs such as Social Security and unemployment insurance.

Explanation:

Since the 1950s, the US government budget for Transfer Payments to Social Security Programs and Unemployment benefits has increased tremendously.

The main transfer payments are Disability and Pension/ Retirement payments and they have been on the rise since the 50s.

These Transfer Payments are both a show of Humanitarianism as well as a form of Economic Investment as they help stimulate the Economy during times or Economic Distress by pouring money into it.

A typical example would be the $1,200 that Congress voted to provide direct cash payments of which totaled around $250 billion in March this year to help Americans who were hit hard by the lockdowns that have crippled much of the American economy.

6 0

3 years ago

Pharoah Company has accumulated the following budget data for the year 2020. 1. Sales: 31,410 units, unit selling price $89. 2.

Rama09 [41]

Answer:

<u>Computation of cost of goods sold for 2020</u>

Direct materials(1 pound× $5 ) $5

Direct labor(3 hours × $12) $36

manufacturing overhead ($8 × 3 hours) $24

Total unit cost $65

<u>Budgeted multiple-step income statement for 2020</u>

Sales ( 31,410 units × $89) 2,795,490

Less Cost of Sales (31,410 units × $65) (2,041,650)

Gross Profit 753,840

Less Operating Expenses :

Selling and administrative expenses: (170,000)

Operating Income 583,840

Less Non - Operating Expenses

Interest expense (30,000)

Income before income taxes 553,840

Income tax (553,840×30%) (166,152)

Income After income taxes 387,688

Explanation:

Cost of Sales = all manufacturing costs

Multi step - Income Statement separates income generated from Primary Activities of the Company (Operating Income) with Income generated from Secondary Activities of the Company (Non-Operating Income)

6 0

3 years ago

) Service variability means that ________. A) the evaluation of services is subjective and changes from customer to customer B)

gavmur [86]

Answer: B

Explanation: Service Variability as I learned it is defined as how the service of quality changes depending on how the service is given to you. For example two different lawn mowing comapnies.

4 0

4 years ago

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Duluth Co. collected a $6,000 cash advance from a customer on November 1, Year 1 for services to be provided over a six-month pe

Vladimir [108]

Answer:

c. Decrease liabilities and increase revenues

Explanation:

The correct adjusting journal entry which shall be recorded by the Duluth Co. in accounts in respect of advance income as as at December 31, is given below:

Debit Credit

Advance income(Liability) $2,000

($6,000/6*2)

Revenue $2,000

Since the liability has been debited in the above mentioned journal entry, which mean that it has been decreased and the revenue has been credited, which means that it has been increased.

So based on the above discussion, the answer is c. Decrease liabilities and increase revenues

4 0

3 years ago