Consumers and business in the market economy seek to earn money so they can buy products so that they don't go out of business.
Answer:
D) Shares in a brewery
Explanation:
Beer is not a durable good, and the security analyst reported non-durable goods are not going to perform well. The analyst didn't specify which non-durable goods would not perform well, but beer is the only possible option. The other three alternatives all relate to durable goods (steel, industries, home appliances).
Answer:
The amount that should be eliminated from cost of goods sold in the combined income statement for 20X8 is $31,250.
Explanation:
Amount eliminated from cost of goods sold in the combined income statement for year 2008.
saturn purchase merchandise from Venus at 125 % of sol cost.
sol sold inventory to saturn for $ 25,000
Amount should be eliminated from combined income statement
= $25,000*125/100
= $31,250
Therefore, The amount that should be eliminated from cost of goods sold in the combined income statement for 20X8 is $31,250.
Answer:
the cash balance is $17,615
Explanation:
The computation of the cash balance before the adjustment is shown below:
= Ending cash balance + deposit in transit - oustanding checks + NSF + bank service charges - payment
= $19,200 + $1,850 - $2,700 + $1,400 + $65 - $2,200
= $17,615
hence, the cash balance is $17,615
Answer:
d. $30,000.
Explanation:
Jack is entitled to 100% of his own contributions = $9,000 + $4,000 = $13,000
The following is the least generous vesting schedule
Least-generous graded vesting schedule
Years of service % vested
1 0%
2 20%
3 40%
4
60%
5 80%
6 100%
Since jack worked for 57 months, he is entitled to 100% of the employer's contributions = $12,000 + $5,000 = $17,000
Total account balance = $13,000 + $17,000 = $30,000
