I believe the answer is: Savings
When you experience a sudden emergency without preparation, you would most likely take out some percentage of money from your life savings to survive the crisis.To prevent this, most people decided to set aside an emergency fund at their banks or covered their risk by buying insurances.
Answer:
calculate the ending balance.$1200
Explanation:
Cash account
<u> Deb Cre
</u>
Receive cash from customers 16400
Pay cash for employee salaries 10400
Pay cash for rent 4400
Receive cash from sale of equipment 9400
Pay cash for utilities 2400
Receive cash from a bank loan 5400
Pay cash for advertising 8400
Purchase supplies on account 4400
31200 30000
ending balance 1200
Solution:
1.
The average snowfall in cincinnati over this period was 28 inches.
In the city cincinnati, snowfall (inches) in january and february is 18 and 38 respectively :
Average snowfall = {18+38}/{2} = 28 inches
2.
If the march data on snowfall is above the average (i.e 28 inches), The monthly average will rise.
If the march data on snowfall is above the average snowfall in January and February (i.e 28 inches), the monthly average will rise because, any snowfall data in march which is greater than 28 inches will lead to rise in monthly average.
For e.g , suppose, If we consider snowfall (inches) in march is 30 inches, than monthly average is :
Monthly average snowfall= {18+38+31} / {3}= 29 inches
which is greater than 28 inches.
Therefore, If the march data on snowfall is above the average (i.e 28 inches), The monthly average will rise.
FIFO is cost flow assumption that generally results in the highest reported amount of net income in periods of rising inventory costs.
<h3>What is First In, First Out?</h3>
First In, First Out, can be regarded as the is an asset-management techniques which is been used in analyzing assets.
With this techniques the asset that is usually disposed first are those that are first gotten, and this is usually done for the purpose of tax, and uses the assumption that there inclusion of old items in income statement.
learn more about FIFO at :brainly.com/question/24137318
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If Jill engage or follow the theory of mcgregor in terms of
approaching management, then she is likely to assume that a worker or an
average worker would prefer to be directed in which they would rather to be
ordered or consulted directly.