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3 years ago

A savings account that pays interest every month is said to have a _______ interest period.

Business

2 answers:

nevsk [136]3 years ago

4 0

Depending on what bank you use and how much you save. it could be up to 20% of what you have in your account

LuckyWell [14K]3 years ago

3 0

A savings account that pays interest every month is said to have a quarterly interest period.

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A company's normal selling price for its product is $20 per unit. However, due to market competition, the selling price has fall

Scorpion4ik [409]

Answer:

$2,600

Explanation:

Calculation of the value of the company's inventory at the lower of cost or market.

Current FIFO inventory ×Net realizable value

Where,

Current FIFO inventory= 200 units

Net realizable value $13 per unit

Therefore,

200 units *$13 per unit = $2,600.

Lower cost of market can be said to mean that the inventory cost at either the purchase cost or replacement value .

Bases on the information given in the question, replacement cost is lower or lesser than the purchase cost which is why the inventory units are been cost at the replacement value of $13 each.

6 0

3 years ago

Choose and describe a business that would have a significant amount of deferred revenue and share a photo of that business (or c

kondor19780726 [428]

Answer and Explanation:

Deferred revenue refers to payment received before the service or goods are delivered. Consider a subscription service that provide annual subscription such as Netflix. You may take the subscription through annual or monthly payment system. In case of annual payment system you have paid for 12 months but are currently on month 1. As a result, the 11 other months’ payment is considered as deferred revenue for Netflix.

Businesses such as this (Netflix) who sell annual subscription will have significant deferred revenue. The current Netflix subscription charges are $10.99 per month (lowest tier). In case of annual subscriptions they will likely have 11 months of deferred revenue or 11*10.99 = $120.89 as deferred revenue. Their total revenue per customer (in the lowest tier) will be $131.88. This makes their deferred revenue as 91.67% of their revenue.

5 0

3 years ago

Taveras Corporation is currently operating at 50% of its available manufacturing capacity. It uses a job-order costing system wi

Anna35 [415]

Answer:

the total manufacturing cost assigned to Job P90 is $3,792

Explanation:

The computation of the total manufacturing cost assigned to Job P90 is given below:

But before that the predetermined overhead rate should be calculated

So,

= ($2,800,000 ÷ 200,000) + $2

= $16

Now the total manufacturing cost is

= $1,472 + $1,056 + 79 × $16

= $3,792

hence, the total manufacturing cost assigned to Job P90 is $3,792

5 0

2 years ago

Lake Incorporated purchased all of the outstanding stock of Huron Company paying $967,000 cash. Lake assumed all of the liabilit

stich3 [128]

Answer:

Goodwill is $262,800

Explanation:

Goodwill is the excess of purchase consideration over fair value of net assets

Fair value of net assets is the fair value of total assets minus fair value of total liabilities

Fair value of total assets=$124,200+$757,000=$881,200

fair value of total liabilities=$177,000

fair value of net assets=$881,200 -$177,000=$704,200

Goodwill=purchase consideration-net assets

purchase consideration is $967,000

fair value of net assets $704,200

goodwill=$967,000-$704,200

goodwill=$262,800

The correct option is the third option in the multiple choices

3 0

3 years ago

Your general speech topic is dog obedience, and you have arranged an interview with an authority. what is your next task?

valentinak56 [21]

It is to research about dog behavior

6 0

3 years ago