Answer:
C. III only
Explanation:
Option III states An investment in stock that Misk does not intend to sell in the near future. Which of above securities purchased by Misk should be classified as available-for-sale securities?
The choice of this option alone is based on the reasoning that Available for Sale (AFS) Securities are usually presented based on their fair values. As such an increase in investment will be needed when the Fair value exceeds is more than the cost of the securities.
The other effect of the transaction of Misk Co is that it will lead to an increase in other comprehensive income.
the correct answer would be : Exchange Traded Fund
The Exchange traded fund is a marketable security that trades commodity, bonds, or a basket of assets, which also trade the ownership of those securities (like the usual stock market but for bonds, commodity, or assets)
Answer: a. 8,830 products
Explanation:
Store A sells one third as many as Store C so if Store C sells 105,960 products, Store A would be selling:
= 105,960 / 3
= 35,320 products
Store A sells four times as many products are store B. If Store A sells 35,320 products, Store B would sell:
= 35,320 / 4
= 8,830 products
Answer:
The correct answer is option A.
Explanation:
According to the mainstream business cycle theory, the potential GDP grows at a steady rate while the aggregate demand grows at a fluctuating rate. The money wage rate is considered to be sticky.
So when aggregate demand increases more than the potential GDP, the supply is not able to increase as much as demand. This creates an inflationary gap in the economy.
Answer:
C. The company paid a lower cost per hour for labor than allowed by the standards.
Explanation:
direct labor rate/price variance = (AR - SR) x AH
Any favorable variance will result from a lower actual rate than the standard rate. Any difference in the actual number of hours will result in a variance of labor efficiency.
In this case, assuming that actual hours were the same as standard hours, 5,000 x 5 = 25,000 direct labor hours were employed. This means that the actual rate was:
-8,000 = (AR - 15) x 25,000
AR - 15 = -8,000 / 25,000 = 0.32
AR = $14.68
