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3 years ago

Hey I need help with these True/False

1 answer:

8 0

1. This is the hardest question to answer of all of them. It depends on who you read. The New York Times has a different policy than the Huffington Post. I'll say it is intended to be true.

2. True. That's why they are called specialty shops.

3. Sometimes. There are other possibilities. I think you are intended to say true.

4. True. They do.

5. False. It's the other way around.

You might be interested in

Think back to when you were very young, tell me what some of your first lessons about money were and why did they stick out in y

Nataly_w [17]

Answer:

keep your money hidden from family, typically the cousins, they like to steal it :')

6 0

4 years ago

Suppose the current reserve ratio is 25% and the level of checkable deposits represents total reserves. If the Federal Reserve l

pashok25 [27]

Answer:

Answer is $1,365.3 billion, 5.

Refer below.

Explanation:

Suppose the current reserve ratio is 25% and the level of checkable deposits represents total reserves. If the Federal Reserve lowered the reserve ratio to 20%, excess reserves are now $1,365.3 billion and the money multiplier is 5.

6 0

3 years ago

You own a portfolio that has $2,600 invested in Stock A and $3,600 invested in Stock B. If the expected returns on these stocks

Sav [38]

Answer:

the expected return on the portfolio is $7,052

Explanation:

The computation of the expected return on the portfolio is shown below:

Stock A return = $2,600 + 12% of 2600 = $2,912

And,

Stock B return = $3,600 + 15% of 3600 = $4,140

So,

Expected return on portfolio is

= $2,912 + $4,140

= $7,052

hence, the expected return on the portfolio is $7,052

7 0

3 years ago

When completed units are sold: Finished Goods Inventory account is debited. Cost of Goods Sold account is credited. Finished Goo

ankoles [38]

Answer:

C. Finished Goods Inventory account is credited.

Explanation:

In a perpetual system of inventory; which can be defined as a method of financial accounting, that involves the updating informations about an inventory on a continuous basis (in real-time) as the sales or purchases are being made by the customers, through the use of enterprise management software applications and a digitized point-of-sale equipment.

Under a perpetual system of inventory, updates of the journal entry for cost of goods sold or received would include debiting accounts receivable and crediting sales immediately as it is being made and Finished Goods Inventory account is also credited. The advantage of the perpetual system of inventory over the periodic system of inventory is that, it ensures the inventory account balance is always accurate provided there are no spoilage, theft etc.

Hence, when completed units are sold, Finished Goods Inventory account is credited.

8 0

3 years ago

Morgana Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated

Verizon [17]

Answer:

OAR per Machine Set-ups = $60

OAR per Machining = $15

OAR per Inspection = $50

Explanation:

Overhead Absorption Rate (OAR) = Estimated Overhead Costs/ Cost drivers

OAR per Machine Set-ups = $150,000/2,500

= $60 per set-up

OAR per Machining = $375,000/25,000

=$ 15 per machine hr

OAR per Inspection = $87,500/1,750

=$50 per inspection

7 0

3 years ago