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3 years ago

Using your savings to buy something you think will increase in value is known as

2 answers:

3 0

I think the correct answer from the choices listed above is option C. Using your savings to buy something you think will increase in value is known asinvesting. Hope this answers the question. Have a nice day. Feel free to ask more questions.

Murljashka [212]3 years ago

3 0

Using your savings to buy something you think will increase in value is known as "investing".

Numerous individuals put off investing in light of the fact that they think you require a great deal of cash—a large number of dollars!— to begin contributing. This simply isn't true. You can start investing for as meager as $50 every month.

On the off chance that you make contributing a propensity now, you'll be in an a lot more grounded monetary position not far off. You won't miss the moderately little sums you set away now, and you'll express gratitude toward yourself later.

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If improvements occur with any of the four factors of production what occurs with the real output?

hammer [34]

Answer:

c. it shifts to the right

Explanation:

Output refers to the total production in the economy. It is equivalent to the total quantity of goods and services supplied in the economy per period. The total output is equivalent to the aggregate supply. Therefore, the output curve will behave as the aggregate supply curve.

Favorable economic conditions increase the total output by firms. Improvement in factors of production will have the same effect as improvement in technology or reduction in taxes. A fall in the price of outputs will encourage more firms to produce more, making the curve to shift to the right.

7 0

3 years ago

A The management of Gresa Inc. is reevaluating the appropriateness of using its present inventory cost flow method, which is ave

Zepler [3.9K]

Answer:

Gresa Inc.

Comparative Condensed Income Statements for 2017

under FIFO and LIFO.

FIFO LIFO

Sales 1176450 1176450

Cost Of Goods Sold 660,400 657, 200

Gross Profit 516050 539,500

Operating Expense $ 150,000 $ 150,000

Income before Tax $ 366,050 $ 389500

Income Tax (30%) $ 109815 $ 116850

Net Income $ 256235 $272650

Working :

Fifo Cost of Goods Sold= $ 10,000 + $168,000 + $ 150,000+ 156,000 + 176,400= 

Lifo Cost of Goods Sold= $ 224,000 + 156,000+ $ 150,000+127,200

Purchases were made quarterly as follows.

Quarter Units Unit Cost Total Cost

1 70,000 $2.40 $168,000

2 60,000 2.50 150,000

3 60,000 2.60 156,000

4 80,000 2.80 224,000

270,000 $698,000

Inventories Beginning (5,000 units) $10,000

Total net sales (253,000 units) $1,176,450

Ending (22,000 units)

Total cost of goods purchased (270,000 units) 698,000

3 0

3 years ago

Select the correct point on the graph. Which point on the graph indicates the lowest quantity supplied of goods? 9.00 8.00 Price

disa [49]

Answer:

It would be A

Explanation:

3 0

2 years ago

Seahorse Incorporated, which only has one product, has provided the following data concerning its most recent month of operation

ra1l [238]

Answer:

Unit product cost = $107

Explanation:

Absorption costing is a method of costing where production units and inventories are value at the full cost per unit. Here, fixed overheads are charged to all units produced using an overhead absorption rate

The full cost per unit = D.mat cost + D.labour cost + Variable overheads+ Fixed overheads

Fixed production overhead cost per unit

=Fixed manufacturing overhead/units produced

= $43,700/ 1,900 Units

=$23 per unit

Full cost per unit

= $42 + $31 + $11 + 23

= $107

7 0

3 years ago

True Furniture Co., Ltd. produces desks and cabinets for computers. The production process is largely divided into woodworking a

Tanya [424]

Answer:

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Explanation:

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4 0

3 years ago