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lidiya [134]
3 years ago
10

Depreciation

Business
1 answer:
Kitty [74]3 years ago
6 0

Answer:

A) allocates the cost of an asset..

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3.63 cubic yards + 1.53 cubic yards
Lady_Fox [76]
5.16 cubic yards is the answer.
6 0
3 years ago
The cost of goods sold for Michaels Manufacturing in the current year was $233,000. The January 1 finished goods inventory balan
VMariaS [17]

Answer: d. $240,400

Explanation:

To calculate the Cost of Goods sold for the year we simply add the Opening Balance of Finished goods to the Cost of Goods for the year and then subtract the Finished goods balance at year end (ending).

That would be,

= 233,000 + 31,600 - 24,200

= $240,400

$240,400 is the Cost of Goods sold for the year so Option D is correct.

8 0
3 years ago
An increase in spending of $25 billion increases real gdp from $600 billion to $700 billion. The marginal propensity to consume
maksim [4K]

An increase in spending of $25 billion increases real gdp from $600 billion to $700 billion. The marginal propensity to consume must be "4".

<h3>What do you mean by Marginal Propensity to consume?</h3>

The marginal propensity to consume is refers to as the proportion of any change in income that is spent on consumption.

In economics, this term is used to refer to the measurement made in order to determine consumption when the rent is increased by one unit. This measurement is nothing more than a mathematical relationship to calculate how people invest in consumption or save the income that is increased.

Calculation:

MPC=\frac{change in consumption}{change in income} \\MPC=\frac{100}{25} \\MPC=4

Learn more about Marginal Propensity to consume, refer to the link:

brainly.com/question/19089833

#SPJ4

5 0
2 years ago
When should you use Add other funds to this deposit grid in a Deposit Transaction? Identify 3 correct options. (Select all that
Anni [7]

Answer:

(A) When an employee reimburses the company

(B) You receive a tax refund from the IRS

(D) When a company doesn’t record income using sales transactions (invoices or sales receipts), and wants to record deposits directly to income accounts

Explanation:

The three options are -

Option A is correct as the employee repays the company so that the funds to this deposit will be added to the deposit transaction.

Option B is correct as the employee or an individual will get the tax refund from the IRS which can be deposited to the deposit grid.

Option D is correct as it is recorded to income accounts directly as deposits.

Any payment cannot be added as deposit. Therefore, option C is incorrect.

4 0
3 years ago
Jose wants to cash in his winning lottery ticket. He can either receive five $5,000 annual payments starting today, or he can re
ExtremeBDS [4]

Answer:

The lump sum payment =  $23,585.49

                                 

Explanation:

The winning lottery is an example of an advanced annuity. <em>An advanced annuity is a series of cash flows that occurs for a certain number of years with the first cash flow occurring now.</em>

The first cash flow is represents one out of the five, so the balance is a four-year annuity.

So we can work out the present value of the annuity for the last four years as follows:

PV = (1 - (1+r)^(-n)/r )   ×  Annual cash flow

r = 3%=0.03, n = 4, Annual cash flow = 5000

PV = (1- ((1+0.03)^(-4))/0.03)  × 5,000

    = 3.7170 × 5,000

   =$ 18,585.49

The lump sum payment = PV of the first payment + PV of the four year annuity

The lump sum payment = $5000 + $ 18,585.49

                                       =  $23,585.49

7 0
3 years ago
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