Answer: Increase by $1,000
Explanation:
Kaci took the $1,000 and deposited it in a bank account. This will increase checkable bank deposits by the same amount because this is what the money will be classified as.
It will form part of M1 money supply which consists of the most liquid currency like physical cash and demand deposits.
Answer:
The correct answer is A
Explanation:
Facing a decision for yes or not (buy or not to buy, sleep or not to sleep, eat or not to eat, and so on) you will choose to do something if this something gives you a positive marginal benefit.
In this case your situation has two sides. By one side, watching an extra episode is good and gives you utility, buy you also need to study and not tu study gives you disutilty (or it's a cost). So, you will watch your episode if it gives you more marginal benefit than the cost it gives you.
If you are in a situation where the marginal cost and benefit are already equal you won't watch another episode, as the marginal benefit will be negative.
Watching an extra episode is not free, it has an opportunity cost (study for the exam)
And about D, watching an extra episode will not always guarantee fun, think about watching 18 episodes in a row, not going to school and getting fired from job.
So, correct answer: A
Answer: The inventory valuation method that has the advantages of assigning an amount to inventory on the balance sheet that approximates its current cost, and also mimics the actual flow of goods for most businesses is <u>"A) FIFO."</u>
Explanation: This happens because the FIFO method (First in, First out) as the name implies, when registering an inventory output, takes into account the first units introduced to the inventory, remaining as the last units acquired, which are those that best reflect the current cost.
Rent, expenses made by office, telephone expenses, administrative salaries are the items that fall under indirect cost.
Explanation:
Indirect costs are those cost which are not accountable directly. Indirect cost can be either variable or fixed. Indirect cost are also known as overhead expenses.
Rent can act as both direct as well as indirect cost. If rent is given for the plant as well as machinery for a company which is use by manufacturing units directly fall under direct cost but in other way when the rent is given for various official purposes it will fall under indirect cost.
