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Alecsey [184]
3 years ago
5

Beginning and ending Cash account balances of Moonbeam, Inc. were $38,000 and $16,000, respectively. If total cash received duri

ng the period was $74,000, what amount of cash was paid out during the period?
Business
1 answer:
marin [14]3 years ago
4 0

Answer:

$96,000

Explanation:

Total cash received during the period = beginning cash + cash received - ending cash

$38,000 +  $74,000 - $16,000 = $96,000

I hope my answer helps you

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If quotas on sugar were eliminated in the United States, domestic production of sugar would fall. Why is this a benefit in econo
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3 years ago
A withdrawal of cash from a bank that does not put the bank's reserves below the level of required reserves will ______.
Svetach [21]

If there is a withdrawal of cash from a bank which does not go below the required reserves, the withdrawal will not change money supply but will reduce bank checkable deposits.

<h3>What does withdrawing from a bank do?</h3>

If one withdraws money from a bank, it will reduce the bank's checkable deposits as these are made of cash that was deposited by entities.

As regards total money supply however, these withdrawals will only have an impact if the withdrawal causes bank reserves to fall below the required reserves.

Find out more on required reserves at brainly.com/question/10684321.

4 0
2 years ago
A perfectly competitive industry consists of many identical firms, each with a long-run average total cost of LATC = 800 – 10Q
Karolina [17]

Answer:

50

Explanation:

According to the question, The computation of the quantity produce is shown below:

Here we use the differentiation LRAC to zero

\frac{\partial LRATC}{\partial Q}=-10+0.2Q=0\\\\ 0.2Q=10\\\\ Q=50

From above calculation it can be concluded that the each firm would be produced the quantity of long run equilibrium for 50

Hence, the first option is correct

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2 years ago
Ogan Products computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year
Radda [10]

Answer:

Predetermined manufacturing overhead rate= $14.65 per direct labor hour

Explanation:

Giving the following information:

Estimated direct labor hours= 40,000

Estimated fixed overhead= $466,000

Estimated variable overhead rate= $3.00 per direct labor-hour.

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (466,000/40,000) + 3

Predetermined manufacturing overhead rate= $14.65 per direct labor hour

5 0
3 years ago
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