Answer:
You will earn $52.96 in interest
You have $1,052.96 in total.
Answer:
E. statistical quality control.
Explanation:
Shewhart has contributed his great services towards Quality control through valuable research and its results, lectures and by publishing highly informative books. He also worked as a fellow member in American Statistical Association and International Statistical Institute.
Therefore, Walter Shewhart is listed among the important people of operations management because of his contributions to statistical quality control.
Answer: $294,000
Explanation:
Gift of $71,000 is <u>time restricted</u> as it cannot be spent for 4 years.
Gift of $91,000 is <u>purpose restricted</u> as it must be used for the purpose of salaries.
Gift of $121,000 is <u>permanently restricted</u> as it must be held forever.
Income earned from the above gift of $11,000 is <u>purpose restricted</u> for needy families.
The gifts with donor restrictions total:
= 71,000 + 91,000 + 121,000 + 11,000
= $294,000
Answer:
Cost of goods sold is $7,700
Gross Profit is $2,300
Explanation:
Cost of goods sold is Cost of goods available for sale less ending merchandise inventory. Ending merchandise understated by $300 means ending merchandise was accounted $300 less. So, $300 need to be added to ending merchandise. No ending merchandise is $2,300 (2,000 + 300)
Cost of goods sold will be 10,000 - 2,300 = $7,700
Gross profit is sales revenue less cost of goods sold which is computed as shown below:
Gross profit = 10,000 - 7,700
= $2,300
Answer:
Manufacturing and Merchandising businesses
Explanation:
The type of Business needed to make the product is known as MANUFACTURING business. This business buys raw materials and refined them into products that later sell in bulk to wholesalers.
On the other hand, Merchandising business is a form of business that involves buying refined products at wholesale price and then sell to the final consumers.
Hence, in this case, then Greece answer is MANUFACTURING and MERCHANDIZING Business.
