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3 years ago

Which type of account is typically the most liquid

Business

1 answer:

timurjin [86]3 years ago

5 0

Checking account
Savings account
Certificate of Deposit
Exchange Traded Fund

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The epa tries to balance protecting business interests with protecting

Y_Kistochka [10]

The epa tries to balance protecting business interests with protecting the environment. EPA stands for Environmental Protection Agency. It is an agency of the Federal government of the United States which was created for the purpose of protecting human health and the environment.

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3 years ago

Read 2 more answers

If a pizza hut raises the price of a slice of pizza from $3.00 to $3.25, the quantity demanded decreases from 1,500 slices pe

Lana71 [14]

Inelastic , and increases

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3 years ago

JCS Incorporated experienced the following transactions during its first year of business. The company purchased $16,000 of merc

12345 [234]

Answer:

46.67%

Explanation:

Gross margin is the ratio of gross profit to the total sales. The gross profit is the difference between the sales and cost of goods sold. Other cost given such as land and selling and distribution cost make up assets and operating expenses respectively.

Hence

Gross profit = $30,000 - $16,000

= $14,000

Gross margin = $14,000/$30,000

= 0.4667

The company's gross margin is 46.67%.

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3 years ago

Perdue Company purchased equipment on April 1, 2014, for $270,000. The equipment was expected to have a useful life of three yea

otez555 [7]

Answer:

Straight line:

2014 $ 65,250

2015 $ 87,000

2016 $ 87,000

2017 $ 21,750

units-of-output method:

2014 $ 108,750

2015 $ 79,750

2016 $ 58,000

2017 $ 14,500

dobule declining method

2014 135,000

2015 45,000

2016 15,000

2017 9,000

Explanation:

Straight line:

(cost - salvage value) / useful life

(270,000 - 9,000)/3 = 87,000 per complete year

First year: from April 1st to December 31th

87,000 x 9/12 = 65,250

Second and third year are complete year thus, 87,000

fourth year: from Jan 1st to March 31th:

87,000 x 3/12 = 21,750

units-of-output method:

(cost - salvage value) / unit of output

261,000 / 18,000 = 14.5 per hour

We multiply each year hours by this rate

7,500 x 14.5 = 108,750

5,500x 14.5 = 79,750

4,000x 14.5 = 58,000

1,000 x 14.5 = 14,500

double declining

we multiply by twice the rate of of straight line:

1/3 x 2 = 2/3 we depreciate this amount of the carrying vbalue per year

Last year we adjust to obtain the residual value

Year Beginning Rate Dep expense Carrying value

2014 270,000 0.50 135,000 135,000

2015 135,000 0.67 90,000 45,000

2016 45,000 0.67 30,000 15,000

2017 15,000 6,000 9,000

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2 years ago

True or False.The type of powder used to dust prints will vary depending upon the weather conditions when the print is lifted.

solniwko [45]

False because the powder is always the same cause it would probably just get confusing for the investigators to figure out which powder they need to use

3 0

2 years ago