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xeze [42]
3 years ago
6

Patrice and Patrick are twins. They sit down to discuss their college plans with their parents. If both choose an in-state schoo

l, their parents will be able to cover the entire tuition costs. If either chooses an out-of-state school, there won’t be enough money to cover both tuitions. What approach is the family taking to solve the situation?
A. shared decision-making
B. personal risks
C. financial planning
D. opportunity cost
Business
2 answers:
Brut [27]3 years ago
4 0

Answer: C or D

Explanation:

Flauer [41]3 years ago
3 0

Answer:

A, "Shared decision-making"

Explanation:

Gradpoint

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On May 7, Keenan Company purchased on account 620 units of raw materials at $21 per unit. During May, raw materials were requisi
a_sh-v [17]

Answer:

Dr Material Inventory $13,020

Cr               Trade Payables $13,020

Dr Work In Progress $9,742

Cr Material Inventory       $9,742

Explanation:

On 7th May the double entry would be to record the inventory purchases on credit which would increase the inventory by $13,020 (620*21) as under:

Dr Material Inventory $13,020

Cr               Trade Payables $13,020

The material sent to production or manufacturing team would be recorded as increase in the work in progress by the value of the material issued which is $9,742 (211*$19 + 273*$21).

Dr Work In Progress $9,742

Cr Material Inventory       $9,742

8 0
3 years ago
What are two examples of management information systems?
Anettt [7]

Answer:

process control systems, human resource management systems, sales and marketing systems, inventory control systems, office automation systems, enterprise resource planning systems, accounting and finance systems and management reporting systems.

Explanation:

8 0
3 years ago
On December 15, 2021, Rigsby Sales Co. sold a tract of land that cost $3,300,000 four $5,000,000. Rigsby appropriately uses the
Flura [38]

<u>Solution and Explanation:</u>

Installment Receivables (Net) of $2,905,600

Basis  Particulars                                         Debit  Credit

Sale:-  Instalment Receivables  $5,000,000  

         Inventory                                               $3,200,000

 Deferred gross profit                                                  $1,800,000

Payment:-  Cash                         $4,90,000  

Instalment Receivables                                     $4,90,000

Deferred Gross profit                 $165,600  

Realised Gross profit                                              $165,600

Instalment Receivables ($5,000,000 minus $490,000) = $4,510,000

Deferred gross profit ($1,800,000 minus $165,600) = $1,634,400

Instalment Receivables (Net) = $2,875,600

8 0
3 years ago
Watson Foods, Inc. reported the following transactions for September 2019.
natulia [17]

Answer:

(d) $6,000

Explanation:

The computation of the total liabilities is shown below:

Total liabilities = Office equipment purchased - cash paid

                       = $10,000 - $4,000

                       = $6,000

The remaining amount would reflect the note payable which is come under the liabilities accounts which is shown in the balance sheet.

The other information which is given in the question is not related to the liabilities account. Hence, we ignored it.

4 0
3 years ago
In the context of information technology in workplaces, clerical workers using computers for word-processing tasks is an example
s344n2d4d5 [400]

<span>In the context of information technology in workplaces, clerical workers using computers for word-processing tasks is an example of job upgrading. Clerical workers usually have routine work in the office which involves administrative tasks or documentation. The use of computers helps them perform these tasks. </span>

6 0
3 years ago
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