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BARSIC [14]
4 years ago
13

PB10.

Business
1 answer:
patriot [66]4 years ago
6 0

Answer:

$4,367; $5,635

Explanation:

Accounts payable on April 30:

= 20% of direct material purchases of April

= $21,836 x 20%

= $4,367.2

= $4,367  (Rounded to whole dollar)

Accounts payable on May 31:

= 20% of direct material purchases of May

= $28,173 x 20%

= $5,634.6

= $5,635 (Rounded to whole dollar)

Therefore, the balance in accounts payable for April 30, and May 31 are $4,367 and $5,635, respectively.

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Financial institutions are organizations that act as intermediaries for borrowers and ____.
Crazy boy [7]
The act as <span>intermediaries for borrowers and lenders.

Let's take bank for example.
People who had excess money for saving will put their money on the bank because it considerably saver compared to keeping it laying around in the house. 
People who need some money  will come to the bank to ask for loan. The money that loaned by the bank is actually the allocation from the money that bank get from people's saving.</span>
4 0
4 years ago
Christina invested $3,000 five years ago and earns 2 percent annual interest. By leaving her interest earnings in her account, s
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Answer:

B. Compounding

Explanation:

In compound interest, the interest earned in a period becomes part of the principal amount for the next period. The principal amount will, therefore, be increasing every year. As the principal amount increases, the interest earned rises.

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3 years ago
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The ideal type of inventory is one that is fast moving and high value because it gives a business a higher amount of cash at a higher frequency.

5 0
3 years ago
PLEASE HELP ASAP *(only right answers plz)* Which example is an investment commodity? (Select the best answer.) steel shares in
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Explanation:

1. Which example is an investment commodity?

Steel is an example of an investment commodity. A commodity is a raw material that one can purchase and later sell. Of all the examples given, steel is the right answer.

2. Which option allows you to pool your money and invest in a portfolio with other investors?

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During stock listing, the number of shares of stock sold in a previous day are included.

4. Which type of investment income happens when an investor sells ownership in an equity investment that's gained value?

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The investment income that happens when an investor sells ownership in an equity investment that's gained value is capital gains.

8 0
3 years ago
Where do you see Dow Jones in the coming two years ?
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