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Kipish [7]
3 years ago
15

The Federal Deposit Insurance Corporation (FDIC) insure account holder’s accounts for up to ___.

Business
1 answer:
ZanzabumX [31]3 years ago
8 0
FDIC insures up to 250,000
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For banks and other financial​ institutions, the discrepancy between the​ short-term maturities of their deposits and the​ long-
Naddik [55]

Answe and Explanation:

For banks and other financial​ institutions, the discrepancy between the​ short-term maturities of their deposits and the​ long-term maturities of their assets is referred to as​ _a maturity mismatch___________.

8 0
3 years ago
The accounting records of Tuel Electronics show the following data.Beginning inventory 3,880 units at $8Purchases 8,660 units at
Scrat [10]

Answer:

FIFO

FIFO means First in First Out. This method values cost of sales at the earliest prices

Cost of Goods Sold = (3,880 units × $8) + (5,430 units × $10)

                                 = $85,340

LIFO

LIFO means Last in Fist Out. This method values cost of sales at the latest prices.

Cost of Goods Sold = (8,660 units × $10) + (650 units × $8)

                                 = $91,800

Weighted Average Cost

The unit cost is re-calculated with every new purchase of units made. The cost of sale will be valued on the newly calculated average unit cost.

Unit Cost = Total Cost ÷ Total Units

                = (3,880 units × $8) + (8,660 units × $10) / 12,540 units

                = $9.381

Cost of Goods Sold = Units Sold × Unit Cost

                                 = 9,310 units × $9.381

                                 = $ 87,337.11

7 0
2 years ago
The company produced 4,000 units of P59G. Direct materials cost $7.30 per unit and direct labor costs $5.45 per unit. How much o
uranmaximum [27]

Explanation:

Ggxhhgxhxgchhxigciyytf is a great tool for a beginner and a beginner to 30 and the beanstalk movie has a lot of fun with it and it is very a very great place to play for free a little time and time consuming to do it to make the most of most enjoyment for the shipment to the highest possible price and

3 0
2 years ago
For classical utilitarians, happiness and pleasure are the only a. important goods. b. instrumental goods. c. intrinsic goods. d
morpeh [17]

Answer:

The correct answer is C

Explanation:

Intrinsic goods are those goods which is defined as those in relation to the instrumental goods. In short those goods which is something worthwhile not only as it leads to something else but for own happiness or pleasure.

For classical utilitarians, the only moral obligation is to maximize the utility through happiness and pleasure.

Therefore, the intrinsic goods are the only pleasure and happiness for the classical utilitarians.

7 0
3 years ago
The term used to describe expenses that are incurred by a specific department is?
BARSIC [14]

The term used to describe expenses that are incurred by a specific department is direct expenses.

Accounting divides business expenses into two categories: operating expenses and non-operating expenses.

The operating expenses are associated with the primary activities of the business, such as the cost of goods sold.

Non-operating expenses, on the other hand, are those incurred that are unrelated to the primary activities of the business entity.

  • Option a. is not correct. Indirect expenses aid in the operation of the business but are not directly traceable to the products, such as corporate office rent, employee salaries, and so on. In general, indirect expenses are recorded on the income statement under the heading "Selling and general administrative expense."
  • Option b. is also wrong. There are no such things as margin costs.
  • Option c is not correct. Departmental expenses are expenses, but they are not expenses incurred by a particular department.
  • Option d. is the correct response. Direct Expenses are expenses incurred solely for the benefit of specific departments.

Hence, direct expense is the answer.

Learn more about direct expenses:

brainly.com/question/11206699

#SPJ4

3 0
1 year ago
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