Which savings account will earn you the most money?

Zooxanthellae are autotrophic marine protists that are found in the living tissues of some simple marine invertebrates such as c

taurus [48]

Answer:

The correct answer is "dinoflagellates"

Explanation:

Zooxanthellae are autotrophic marine protists that are found in the living tissues of some simple marine invertebrates such as corals, sea anemones, and jellyfish. Zooxanthellae are dinoflagellates.

7 0

3 years ago

The Windshield division of Fast Car Co. makes windshields for use in Fast Car’s Assembly division. The Windshield division incur

fgiga [73]

Transfer price is an alternative term of opportunity cost.

$ 289.66 is the transfer price can be utilized for transport costs, loading and unloading costs, and administrative costs

solution

Transfer cost is the Total opportunity cost of moving an item from one place to another, including transport costs, loading and unloading costs, and administrative costs. Transfer price is an alternative term of opportunity cost.

Total variable cost = 740,000× $220 = 162,800,000

Total fixed cost = $3,950,000

Total selling cost = 740,000 × $515 = $381,100,000

Transfer cost = (selling cost - (variable cost + Fixed cost )

= ($381,100,000- ($162,800,000 + $3,950,000) = $214,350,000

$($381,100,000- ($162,800,000 + $3,950,000) = $214,350,000$

Transfer price = $214,350,000 ÷ 740,000 units = $ 289.66

$Transfer price = $214,350,000 ÷ 740,000 units = $ 289.66$

4 0

3 years ago

What is the role of business in a global economy?

posledela

Answer:

In any market economy, business plays a huge role. Business is the engine of an economy. Business provides jobs that allow people to make money and goods and services that people can buy with the money they make. Without business, the economy would be very inefficient and/or very primitive.

Explanation:

5 0

3 years ago

The October 31 bank statement of White's Healthcare has just arrived from Stat Bank. To prepare the bank reconciliation, you gat

lesantik [10]

Answer:

Required 1 : Bank reconciliation

Bank Reconciliation Statement

Balance as per Bank Statement $5,170

Adjusted for error

Multi-State Freight Company $700

Balance as per adjusted Bank Statement $5,870

Add Lodgements not yet credited :

White treasurer`s deposit $290

Less Unpresented Cheques :

237 $90

288 $150

291 $580

294 $590

295 $10

296 $150 ($1,570)

Balance as per Cash Book $4,590

Required 2 : Journal entries

Journal 1.

Bank Service Charge $70 (debit)

Trade Receivables $540 (debit)

Bank $610 (credit)

Journal 2.

Bank $2,500 (debit)

Credit Transfer $ l,400 (credit)

Dividend Revenue $l,050 (credit)

Interest Revenue $50 (credit)

Explanation:

The first step to prepare a bank reconciliation is to update the cash book.

Cash Book (Bank Balances)

Debit :

Balance as per Cash Book $2,700

Credit Transfer $ l,400

Dividend Revenue $l,050

Interest Revenue $50

Totals $5,200

Credit :

Dishonored Cheques ($420 + $120) $540

Bank Service Charge $70

Adjusted Cash Book Balance $4,590

Totals $5,200

The Next step is to prepare a Bank Reconciliation Statement

Bank Reconciliation Statement

Balance as per Bank Statement $5,170

Adjusted for error

Multi-State Freight Company $700

Balance as per adjusted Bank Statement $5,870

Add Lodgements not yet credited :

White treasurer`s deposit $290

Less Unpresented Cheques :

237 $90

288 $150

291 $580

294 $590

295 $10

296 $150 ($1,570)

Balance as per Cash Book $4,590

Journal Entries to Correct the Cash Book :

Journal 1.

Bank Service Charge $70 (debit)

Trade Receivables $540 (debit)

Bank $610 (credit)

Journal 2.

Bank $2,500 (debit)

Credit Transfer $ l,400 (credit)

Dividend Revenue $l,050 (credit)

Interest Revenue $50 (credit)

8 0

3 years ago

If a firm produces a good and then adds it to its inventory rather than selling it, for the purposes of GDP accounting the firm

fenix001 [56]

Answer:

The statement is true.

Explanation:

Investment expenditure refers to the expenses incurred on account of creating capital assets.

If a good is produced but is left unsold or not used in the production process, then, they result in increased inventory, which is considered as an investment by the firm.

For the purpose of GDP accounting, unsold goods in inventory are treated as purchased by the firm from itself. As such, they form a part of investment expenditure in the accounting period.

8 0

3 years ago