Explanation:
Earned income consists of income you earn while you are working a full-time job or running a business.
Passive income is income earned from rents, royalties, and stakes in limited partnerships.
Portfolio income is income from dividends, interest, and capital gains from stock sales.
Answer:
The materials equivalent units is 37,700
Conversion costs equivalent units is 32,480
Explanation:
The equivalent units of production for materials can be computed thus:
Description quantity % of completion Equivalent units
Completed units 29000 100 29000
(37700-8700)
Ending inventory 8700 100 <u> 8700</u>
total equivalent units for materials 37700
The equivalent units of production for conversion costs can be computed thus:
Description quantity % of completion Equivalent units
Completed units 29000 100 29000
(37700-8700)
Ending inventory 8700 40 <u> 3480
</u>
total equivalent units for conversion costs 32480
I applied 100% percentage of completion to ending inventory when determining materials equivalent units and 40% percentage completion when determining equivalent units for conversion cots as it given in the question
Answer:
Leading is the correct answer.
Explanation:
Leading is a process of influencing, directing and guiding a people of an organization to show them a direction.
Leading is the function that is carried out in the management process to motivate the employees to reach the organizational objectives.
Thus leading create a positive attitude among the people working in the organization.
Answer: The correct answer is "C. reveals how profitable a company is".
Explanation: Asset turnover reveals how profitable a company is because it compares how well a company manages its assets to generate more income and accumulate more and more capital.
Based on the sales revenue and the net accounts receivable, the receivables turnover ratio is 12 times .
<h3>What is the receivables turnover ratio?</h3>
This can be found as:
= Net sales revenue / Average accounts receivable
Solving give:
= 720,000 / (62,000 + 58,000) / 2
= 720,000 / 60,000
= 12 times
Find out more on receivables turnover ratio at brainly.com/question/27523896.
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