Answer:
saving money regularly for emergency fund
Answer:
In a large open economy, if political instability abroad lowers the net capital outflow function, then the real interest rate falls, while the real exchange rate rises and net exports fall. (D)
Explanation:
NX = EXPORTS – IMPORTS
If political instability abroad lowers the net capital outflow function that would mean that NX is reducing, which increasing imports and decreasing exports. This means that domestic goods are relatively more expensive due to a high exchange rate. In terms of the real interest rate, it falls because the demand for financial assets decreases.
Answer:
The correct answer is B
Explanation:
The journal entry recorded for the conversion of the shares is as:
Common Share A/c......................................Dr $51,500
Preferred Stock A/c...........................................Cr $50,000
Paid in capital in excess of par (Common)....Cr $1,500
Being conversion of stock into common share is recorded
As the shares are converted into common stock from preferred stock, so the common stock is debited against the preferred stock which is credited. And the excess amount is credited by the account of paid in capital in excess.
Answer:
1. Intensive Distribution
2. Selective Distribution
3. Intensive Distribution
4. Exclusive Distribution
5. Selective Distribution
6. Exclusive Distribution
Explanation:
Intensive Distribution is the one in which the product is available almost everywhere. That the product is easily available and the company ensures that it has a wide range of consumers.
Selective Distribution is the one in which the product is available only at some identified places, as for example the 5. point the apple phones are available usually at apple stores or some other specified mobile sellers, thus it is easily available yet at some limited shops only.
Exclusive Distribution is the one in which the product is available only at some exclusive shops, as in the 4th point and 6th point the luxury brand is not easily available and rather at only a few outlets of the company.
Answer:
Instrctions are listed below.
Explanation:
Giving the following information:
Beginning inventory 10 units at $55
First purchase 25 units at $60
Second purchase 30 units at $65
Third purchase 15 units at $70
60 units of the item were sold.
A) FIFO
Inventory= 15*70 + 5*65= $1,375
B) LIFO
Inventory= 10*55 + 10*60= $1,150
C) Weighted average:
Average cost= (55 + 60 + 65 + 70)/4= 62.5
Inventory= 62.5*20= $1,250