Answer:
$17.97 per unit
Explanation:
Using weighted average method, Equivalent units = Units that are completed during the period + Equivalent units in process at the end of period.
Equivalent units = 8,500 + 2,000*90%
Equivalent units = 8,500 + 1,800
Equivalent units = 10,300
Cost per equivalent unit for materials = (Beginning costs + Current costs) / Equivalent units
Cost per equivalent unit for materials = ($13,000 + $172,100) / 10,300 units
Cost per equivalent unit for materials = $185,100 / 10,300 units
Cost per equivalent unit for materials = $17.97 per unit
Bill Gates (1955-), is a well-known American entrepreneur, investor. Gates launched Microsoft and has been on the Forbes since 1987. He was born and raised in Seattle, Washington and still currently lives in Seattle.
Answer:
Brand equity, like that enjoyed by coca-cola, results from favorable consumer experience with a product.
Explanation:
Brand equity is a term that describes the value of a brand based on the reputation of its products in the market. As in the case of the coca-cola brand equity is achieved because the product is liked by a huge number of customers.
Brand equity also has a wide effect on the financial status of a company. The product that is more valued will be sold more. Even increasing the price for that product wouldn't matter as the brand would already have set its name in the market.
Answer:
A.
Explanation:
Upper A bank's reserves are notes and coins in the bank's vault or in a deposit account at the Federal Reserve.
Upper A is a commercial bank, and it's bank reserve is The money it keeps on in it's bank vault, or it is money that the bank has kept in an account with the country's central bank which is the federal reserve.
If the Fed says banks are to reserve 10% of deposits and Upper A takes in $2,000,000 in deposits, it would berequired for the bank to keep $200,000 either in its bank vault or in its account with the Federal reserve.
Answer and Explanation:
The computation of the total assets, total liabilities and the net worth is shown below:
Total assets = liquid assets + investment asset + household assets
= $3,200 + $7,340 + $97,890
= $108,430
The total liabilities is
= Current liabilities + long term liabilities
= $1,670 + $70,230
= $71,900
So, the net worth is
= Total assets - total liabilities
= $108,430 - $71,900
= $36,530