$342,000
Regardless if the amount of supplies has not been paid or not, it is still accounted for in the balance sheet. You would have a debit of 342,000 for supplies, credit of supplies payable of 240,000 and a credit to cash for 102,000 assuming that the difference between both amounts was paid for with cash.
Cash equivalents include investments due in twenty months.y bills, commercial.
Cash equivalents are investment securities that might be supposed for short-term making investments; they've excessive credit quality and are notably liquid. cash equivalents, additionally referred to as "cash and equivalents," are one of the three important asset lessons in economics making an investment, along with shares and bonds.
Cash equivalents include financial institution bills and marketable securities which include business paper and brief-term authorities bonds. Cash equivalents ought to have maturities of three months or less.
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Answer:
B
Explanation:
The capital market serves as an intermediator between households and firms. In a classic economic model, households are owners of capital resources, but firms need these resources to operate. Then, the capital market allows that households rent their capital resources to firms and firms pay them back. It is a beneficial allocation of resources for households and for firms.
Answer:
a-1. 55,620 units
a-2. 9.34
Explanation:
a-1. The accounting break-even point is calculated by;
= (Fixed costs + Depreciation) / (Sales - Variable costs)
Depreciation = 714,400/8 = $89,300
Accounting breakeven = (745,000 + 89,300) / (51 - 36)
= 55,620 units
a-2. Degree of Operating Leverage
= 1 + (Fixed Costs/ Operating Cashflow)
= 1 + (745,000 / 89,300)
= 9.34
<em>At this point, the only given Operating cashflow figure is Depreciation. </em>