An installment credit is also known as installment loan. It is a loan that is repaid over time with a set number of scheduled payments.
Answer is D. I actually know how to get the answer. DM+DL+MOH(800x25) / 7000 yet not understanding it.. they are asking cost of goods sold per shirt. DM+DL+MOH is total manufacturing cost, not Cost of Goods Sold. To get Cost of goods. PLEASE MARK AS BRAINLIEST
Answer:
Assets = Liabilities plus stockholders' equity = $18,340
Explanation:
(a) Set up an accounting equation in columnar form with the following individual assets, liabilities, and stockholders' equity accounts: Cash, Accounts Receivable, Equipment, Accounts Payable, Notes Payable, Common Stock, and Retained Earnings. Enter the January 1 balances below each item. (Note: The beginning Equipment account balance is $0.)
Note: See the attached excel file for the set-up.
(b) Show the impact (increase or decrease) of the January transactions on the beginning balances, and total all columns to show that assets equal liabilities plus stockholders' equity as of January 31.
Note: See the attached excel file for how the impacts are shown and the total of all columns
Also Note: See the lower part of the attached excel file to see that assets equal liabilities plus stockholders' equity as of January 31 where we have:
Assets = Liabilities plus stockholders' equity = $18,340
Answer:
O expansionary fiscal policy
Explanation:
Point C represents a recession. During a recession, the economy experiences slow or negative growth. The unemployment rate is way above the recommended levels. The economy requires stimulation to accelerate growth and create job opportunities.
Congress controls the fiscal policies in the US. Fiscal policy is about adjusting taxation and government spending. Expansionary fiscal policies accelerate economic growth in a country. These policies target to income the amount of money in circulation. Reductions of taxes and an increase in government are expansionary.
Answer:
Given:
Firm with an average Price/Earning-Growth(PEG) ratio of 1.6, <em><u>the stock price is Overpriced, because it has Price/Earning-Growth(PEG) ratio of 1.
</u></em>
<em><u>where;</u></em>
PEG =
Price/Earning ration =
<em><u>
</u></em>
<u><em>Reason:</em></u> It can be stated that a PEG ratio of less than 1 denotes that<u><em> the stock is a good investment since it is below its “fair value.” </em></u>
If a PEG ratio is greater than 1 this will further means that stock is <u><em>relatively expensive,and overpriced.</em></u>
<u><em></em></u>
<u><em>Therefore, the correct option is (b) Overpriced, because it has Price/Earning-Growth(PEG) ratio of 1.
</em></u>