Answer:
A. debit Finished-Goods Inventory and credit Work-in-Process Inventory.
Explanation:
The work in progress cannot yet be debited because it cannot be sold while the finished goods represent cash.
Answer:
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Explanation:
Answer:
77.27% or
(17/22)%
The loan will accepted
Explanation:
property value 550,000
haircut 125,000
550,000 - 125,00 = 425,000 mortage value
425,000/550,000 = 77.27% = (17/22)%
The ratio is below the cutoff, so it is within the boundaries the lender expect. The loan will be given.
Answer: the correct answer is A. $500
Explanation:
Amount realized is the amount received from the sale of an asset. The money received for Roberta is $500.
Answer:
6.29%
Explanation:
The computation of the unemployment rate for the month of February is shown below:
Unemployment rate = Number of people unemployed ÷ Labor force
= 325,000 ÷ 5,170,000
= 6.29%
It is always shown in percentage form
Plus it is a ratio between the number of people unemployed and the labor force
Hence, all other information is not relevant. Therefore, ignored it