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In-s [12.5K]
3 years ago
10

For the purpose of process analysis, which of the following measures would be considered an appropriate flow unit for analyzing

the main operation of a gas station: (More than one answer can be selected)
a. Sales Dollars
b. a number of gasoline pumps
c. a number of employees working per day
d. number of customers served per day
Business
1 answer:
abruzzese [7]3 years ago
8 0

Answer:

The correct answer is letter "A" and "D": Sales Dollars; number of customers served per day.

Explanation:

Process analysis is the activity by which events are described based on relevant facts that can help understand the flow of a business. This study implies considering the firm's inputs, outputs, and the main actors that influence in between the process.

Thus, to analyze the process flow of a gas station evaluating the sales in dollars and the number of customers attended by day could contribute in that matter.

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Which definition(s) of the money supply include(s) only items which are directly and immediately usable as a medium of exchange?
Gala2k [10]
The definition of money supply which include only items which are directly and immediately usable as medium of exchange is M1. Money supply refers to the entire stock of currency and other liquid assets that are circulating in a particular economy at a particular period of time.  
M1 include cash and checking deposits which are very liquid in nature and are suitable as medium of exchange. 
7 0
3 years ago
56. Anne LLC purchased computer equipment (5-year property) on August 29 with a basis of $30,000 and used the half-year conventi
klasskru [66]

Answer:

B. $1,728

Explanation:

Data given in the question

Number of computer equipment purchased = $30,000

So, by considering the above information the maximum depreciation expense is

= Number of computer equipment purchased × depreciation rate under MACRS for 5 years property × half year basis

= $30,000 × 11.52% × 0.5

= $1,728      

Refer to the MACRS table to find out the depreciation rate

3 0
3 years ago
Government leaders spend a great deal of time trying to answer the _________ of economics
rewona [7]

Answer:

The correct answer is behavior.

Explanation:

The economy is perhaps the most important tool used by public administrators, due to the importance in the development of the countries and the growth expectations at a given moment. The behavior of the economy must be widely studied, since the implementation of strategies for the benefit of all depends on it. One of the main fields of action is GDP, which is in the national interest; Another very common one is the unemployment rate, which refers to the occupancy rate of people able to perform a task.

8 0
3 years ago
On July 1, 2018, Larkin Co. purchased a $400,000 tract of land that is intended to be the site of a new office complex. Larkin i
jeka57 [31]

Answer:C. $477,000

Explanation:

Asset are initially recognized at price and other attributable cost. The cost includes tax paid on the assets e.g Vat, legal cost for attorney, delivery, installation, site preparation, professional fees e.g Architect. All income earned from testing the asset or incidental to the asset installation are deducted to arrive at a final cost value.

In the above scenario the price of the land $400,000 is added to demolition cost $75,000, plus the legal fees of $12,000 are all added to $487,000 and the proceed of $10,000 from sales of demolition scrap will be deducted to have a final cost of $477,000.

3 0
2 years ago
The specific identification inventory method should be used when the inventory consists of identical, low-cost units that are pu
Step2247 [10]

Answer:

False

Explanation:

The specific identification inventory method involves assigning of specific cost of inventory to the cost of goods sold. Cost of each item that makes up inventory must be tracked.

This is often used for large assets such as furniture or cars. The items also usually have differing characteristics.

For example if a dealer has 20 cars, he will track each of them from delivery till when he sells the cars.

This method is not used when the items involved are low cost items that are sold frequently and have identical characteristics.

3 0
3 years ago
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