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alina1380 [7]
3 years ago
13

Direction: Arrange the following words.

Business
1 answer:
Elis [28]3 years ago
6 0

Answer:

  1. TOWEL
  2. TISSUE
  3. TABLE NAPKIN
  4. TABLE CLOTH

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The following cost data for the month of May were taken from the records of the Terrence Manufacturing Company: (CIA adapted) De
vlada-n [284]

Answer:

Total Manufacturing Cost  $81,100

Explanation:

The computation of the manufacturing cost incurred is shown below:

Wages of Production workers: = $30,500

Raw Material $42,000

Material handling $2,700

Factory rent $3,200

Factory Insurance $500

Depreciation on Factory Equipment $2,200

Total Manufacturing Cost  $81,100

We simply added the above items

5 0
3 years ago
On December 31, after making a concerted effort, management determines that it will not be able to collect the $1,200 owed to it
zvonat [6]

Answer:

See explanation section

Explanation:

To record the journal entry to write off the uncollectible account according to the direct write-off method, we have to use bad dad expanse instead of an allowance account.

December 31         Bad Debt Expense           Debit     $1,200

                              Account receivable - Acme, Inc.      Credit    $1,200

Note: As the company did not get the money from the Acme, Inc., They treated the expense as irrecoverable.

4 0
3 years ago
Opportunity cost is __
Mariulka [41]

Answer: A.

Explanation:

By definition, opportunity cost is the amount or value of something you gave up for another good.

For example: say you value sleeping in at $5 value going to class at $4. You decide to get up and go to class, the $4 value. Therefore, your opportunity cost is what you gave up (sleeping in) for another good/choice (going to class), is $5 since you valued sleeping in at that.

6 0
3 years ago
Which of the following would be most likely to lead to increases in nominal interest rates?
olasank [31]

Answer:

c. A new technology such as the Internet has just been introduced, and it increases investment opportunities.

Explanation:

Nominal interest rate is the sum of real interest rate and expected inflation rate.

If expected inflation rate falls, the nominal interest rate also falls.

During a recession, people are more unwilling to borrow funds ,this pushes interest rate down.

If investment opportunities increases, the demand for funds would increase and nominal interest rate would increase too.

I hope my answer helps you

8 0
3 years ago
To arrive at net cash provided by operating activities, it is necessary to report revenues and expenses on a cash basis. This is
erma4kov [3.2K]

Answer: C) eliminating the effects of income statement transactions that did not result in a corresponding increase or decrease in cash

Explanation:

The income statement comprises of entries that are not cash based in nature but help in the computation of taxes amongst other things such as depreciation and amortization.

When calculating net cash provided from operating activities therefore the income calculated should be adjusted for any expenses or revenue that are not cash based in nature and so will not result in a corresponding increase or decrease in cash.

For instance, adding back depreciation and amortization to the net cash balance as both do not actually reduce the cash balance of the company.

5 0
2 years ago
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