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3 years ago

What account earns the most interest

Business

1 answer:

xxTIMURxx [149]3 years ago

8 0

Answer:

A bank account

Explanation:

because your money is kept safe

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Beginning inventory for the month contained 2,000 units that were 70 percent complete with respect to materials. During the mont

pickupchik [31]

Answer:

a. 60,600

Explanation:

Given,

The number of units completed and transferred out = 6000,

Ending inventory = 3,000,

Percentage of completed units with respect to materials = 20%,

So, the additional completed units = 20% of 3000

$=\frac{20\times 3000}{100}$

$=\frac{60000}{100}$

= 600

Hence, the weighted average equivalent units of production for materials for the month = 60,000 + 600

= 60, 600

OPTION A would be correct.

6 0

3 years ago

When the LA Galaxy played soccer in a stadium that seated 80,000-90,000 fans, many of the available tickets to each game went un

MaRussiya [10]

Answer:

d) Inventory

Explanation:

In the given question, the LA galaxy company has an issue with the idle production capacity. And the production is of the inventory only, so the other options like Inseparability, Inconsistency, Intangibility, Irrationality are not appropriate in the given example

Thus, the most appropriate option is of inventory as the question is talking about the production capacity so, of inventory the production capacity can be measured.

4 0

3 years ago

The __________ rate tells you how much one unit of currency is worth when converted to another currency.

marissa [1.9K]

Answer:

the answer is A. exchange

hope this helps

5 0

3 years ago

Handy Man, Inc., has zero coupon bonds outstanding that mature in eight years. The bonds have a face value of $1,000 and a curre

AnnZ [28]

Answer:

5.657%

Explanation:

Data provided:

Face value = $1,000

Current market price = $640

Time of maturity, t = 8 year

Now,

the compounding formula is given as:

Face value = Current amount × $(1+\frac{r}{n})^{nt}$

where,

r is the rate i.e pretax rate of debt

n is the number of times the interest is compounded i.e for semiannual n = 2

thus, on substituting the values, we get

$ 1,000= $ 640 × $(1+\frac{r}{2})^{2\times8}$

1.5625 = $(1+\frac{r}{2})^{16}$

$(1+\frac{r}{2})$ = 1.0282

r = 0.05657

pretax cost of debt = 0.05657 × 100% = 5.657%

3 0

2 years ago

Southern Hydraulic Supply is undertaking a review of their inventory policies. A typical product is a small hydraulic fitting. C

zheka24 [161]

Answer:

$418,550

Explanation:

Steps are shown below:

a. The computation of the economic order quantity is shown below:

= $\sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}$

= $\sqrt{\frac{2\times \text{52,000}\times \text{\$50}}{\text{\$1.25}}}$

= 2,040 units

b. The number of orders would be equal to

= Annual demand ÷ economic order quantity

= $52,000 ÷ 2,040 units

= 25.49 orders

c. The average inventory would equal to

= Economic order quantity ÷ 2

= 2040 units ÷ 2

= 1,020 units

d. The total cost of ordering cost and carrying cost equals to

Ordering cost = Number of orders × ordering cost per order

= 25.49 orders × $50

= $1,275

Carrying cost = average inventory × carrying cost per unit

= 1,020 units × $1.25

= $1,275

So, the total annual cost would be

= Purchase cost + ordering cost + carrying cost

= $416,000 + $1,275 + $1,275

= $418,550

Purchase cost = Annual demand × cost per unit

= 52,000 × $8

= $416,000

6 0

3 years ago