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xenn [34]
3 years ago
13

The change in the capital stock is a flow variable. a. True b. False

Business
1 answer:
Sphinxa [80]3 years ago
4 0
I think it's false hoped I helped 

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A company has budgeted direct materials purchases of $250000 in July and $420000 in August. Past experience indicates that the c
san4es73 [151]

Answer:

The budgeted cash disbursements for August are $532,000

Explanation:

Amount of cash the company pays for purchases in August:

30% x Materials purchases in July + 70% x Materials purchases in August = 30% x $250,000 + 70% x $420,000 = $369,000

The budgeted cash disbursements for August = Cash paid for purchasing materials + Wages Expense + Purchase of office equipment + Selling and Administrative Expenses = $369,000 + $60,000 + $64,000 + $39,000 = $532,000

Noted: Depreciation is a non-cash accounting expense, so it doesn't involve cash flow

4 0
3 years ago
"An unexpected benefit of deliberate practice is ______"
ohaa [14]

Question options :

A. You become more skilled at perceiving situations

B. your life becomes organized

C. you become successful

D. your children learn valuable lessons from watching

Answer:

A. You become more skilled at perceiving situations

Explanation:

Deliberate practice involves focused and careful directed efforts towards improving performance in a chosen field.

deliberate practice brings unexpected benefits such as being able to understand complex patterns and adapting easily to changes. This is because individuals who experience this are able to develop their intuitions in this way

5 0
3 years ago
What is the best definition of economic data
navik [9.2K]
Methodological economic and statistical elements of the subject include measurement, collection, analysis, and publication of data. Economic data<span> or </span>economic statistics<span> are </span>data<span> (quantitative measures) describing an actual </span>economy<span>, past or present. ... A collection of such </span>data<span> in table form comprises a </span>data<span> set. </span>
3 0
3 years ago
Read 2 more answers
During January, Luxury Cruise Lines incurs employee salaries of $2.4 million. Withholdings in January are $183,600 for the emplo
garri49 [273]

Answer and Explanation:

The journal entry to record the  employee salary expense, withholdings, and salaries payable is shown below:

Salaries expense Dr $2,400,000

     To Income tax payable  ($360,000 + $150,000) $510,000

     To FICA tax payable $183,600

     To Account payable $24,000

     To Salaries payable $1,682,400

(being employee salary expense, withholdings, and salaries payable is recorded)

Here the expenses are debited and payable are credited as it increased the expenses and liabilities

6 0
3 years ago
A company's current assets are $26,420, its quick assets are $15,090 and its current liabilities are $12,520. Its acid-test rati
Debora [2.8K]

Answer: 1.21

Explanation:

Acid test ratio is also referred to as the quick ratio and it is calculated as:

Acid-Test Ratio = Quick Assets / Current Liabilities

where,

Quick assets = $15090

Current liabilities = $12520

Acid test ratio = $15090 / $12520

= 1.2052

= 1.21

8 0
3 years ago
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