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soldier1979 [14.2K]
3 years ago
6

What is the role of personal responsibility in the financial planning process?

Business
1 answer:
Ulleksa [173]3 years ago
4 0

Hello!

<u><em>Typical methods of classroom scientific communication depending on the level of study could include a range of these activities which have been listed in the answers. However, at the elementary, middle, and high school levels it would be safe to argue that the typical methods of communication are B) lectures, lab reports, term papers, and poster presentations. At higher levels would some of the other methods of communication be used such as scientific journals, oral presentations, lectured, conferences, etc. </em></u>

<u><em /></u>

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The market where business sell goods and services to households and government is called the C. Capital Market
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quzlet Suppose that the Bank of Japan buys U.S. dollar assets with yen-denominated assets. Everything else held constant, this t
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Which is the best description of authorized shares?
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7 0
2 years ago
Why can we be confident that the market for college education is competitive and that an increase in demand rather than the gree
makvit [3.9K]

Question Completion:

A.  if college administrators raised the tuition with no change in​ supply, a surplus of college places would be created at the higher ​tuition, and the tuition would start to fall

B.  the law of demand does not hold

C.  more than​ 4,500 public and private​ 2-year and​ 4-year schools supply college education services

D.  an increase in demand raises the tuition and increases the ​enrollment, which accurately describes the market for college education

Answer:

We can be confident that the market for college education is competitive and that an increase in demand rather than the greed of college administrators is the reason for the ongoing rise in tuition for all of the following reasons except ​ _______.

B.  the law of demand does not hold

Explanation:

The law of demand implies that the price of a good or service responds to the level of demand. In other words, higher demand increases the price, while lower demand reduces the price.  This implies that without the higher demand for college education, college administrators will not be able to sustain an increase in tuition.  Therefore, an increase in the demand for college education will lead to increased enrollment, which spurs college administrators to raise tuition.

5 0
3 years ago
The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31, are as fo
AnnZ [28]

Answer:

Ending Inventory FIFO = 1010,625

Total Sales =$ 19,650,000

Cost Of Goods Sold 18639,375

Explanation:

Date     Transaction     Number of Units    Per Unit      Total

Jan. 1 Inventory               7,500                $75.00          $562,500

<u>10 Jan Purchase            22,500                85.00          1,912,500 </u>

Total                            30,000

28 Jan Sale                   11,250              150.00              1,687,500

<u>30 Jan Sale                  3,750                 150.00              562,500 </u>

I<u>nventory Ending                15,000         </u><u>                                         </u>

<u>Feb. 5 Sale                    1,500                150.00               225,000 </u>

                                  13,500                                                              

<u>10 Feb Purchase           54,000             87.50                4,725,000 </u>

                                      67,500                                                          

16 Feb Sale                27,000              160.00               4,320,000

<u>28 Feb Sale               25,500             160.00                4,080,000 </u>

<u>Inventory Ending        15,000       </u><u>                                                  </u>

Mar. 5 Purchase          45,000           89.50               4,027,500

14 Mar Sale                30,000           160.00                 4,800,000

25 Mar Purchase           7,500            90.00               675,000

<u>30 Mar Sale                26,250             160.00              4,200,000</u>

<u>Ending Units              11250                                                             </u>

<u />

Ending Inventory FIFO = 1010,625

7,500  units at  $ 90.00 = $  675,000

3750 units at  $ 89.50   = $ 335,625

Total Sales = Sales In Jan + Sales in Feb + Sales In Mar

                      = 1,687,500 +562,500 +4,320,000 + 4,080,000 +4,800,000+4,200,000 = $ 19,650,000

Cost Of Goods Sold= Sales Less Ending Inventory

Cost Of Goods Sold= $ 19,650,000- 1010,625= 18639,375

<em><u>3. Journal Entries</u></em>

<em> Account Receivable $ 19,650,000 Dr.</em>

<em>Sales $ 19,650,000 Cr.</em>

<em>Cost Of Goods Sold 18639,375 Dr.</em>

<em>Merchandise Inventory 18639,375 Cr.</em>

<em />

<em>4.</em><em> Ending Inventory FIFO = 1010,625</em>

<em>5. LIFO Ending inventory would be lower as price is increasing. </em>

<em></em>

<em></em>

7 0
3 years ago
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