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3 years ago

In a few sentences, explain what it means to be financially responsible.

1 answer:

8 0

Financially responsible means to be prepared for something unexpectedly like u didn’t know was coming up or was gonna happen and it mean you need be able to support yourself with any source of income.

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on January 31,2009,Village Bank had 500000 shares of $2 par value common stock outstanding. On that date the company declared a

slavikrds [6]

A reduction in retained earnings of $2,950,000.

$37(500,000 x .14) = &2,590,000

3 0

3 years ago

The Mega-Bank is considering either a bankwide overhead rate or department overhead rates to allocate $135,000 of indirect costs

siniylev [52]

Answer:

The Mega-Bank

The amount allocated to the Commercial Department is:

= $324,810.

Explanation:

a) Data and Calculations:

Indirect costs = $410,000

Department DLH Loans Processed Direct Costs

Consumer 16,000 650 $350,000

Commercial 7,000 400 $250,000

Total 23,000 1,050 $600,000

Allocation Bases:

Bankwide rates:

DLH = $410,000/23,000 = $17.83

Loans processed = $410,000/1,050 = $390.48

Commercial Department Allocated Costs:

Cost to process loans = $500 * 400 = $200,000

Cost based on DLH = $17.83 * 7,000 = 124,810

Total costs = $324,810

7 0

3 years ago

HELP!!!

Alisiya [41]

The best and most correct answer among the choices provided by your question is the third choice or letter C.

The law of increasing costs means that as production shifts from one item to another, more and more resources are necessary to increase production of the second item.<span> </span>

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!

8 0

3 years ago

A company produces two products, A and B. The sales volume for A is at least 80% of the total salces for both A and B. However,

liberstina [14]

Answer:

i) Z = 20( 80 ) + 50(20 ) = $2600

ii) $3000

Explanation:

representing products A and B as x₁ and x₂

using the given data

Max ( z ) = 20x₁ + 50x₂ ( optimal product mix for optimal profit ) ---- ( 1 )

0.8 ( x₁ + x₂ ) ≥ 0

0.8x₁ + 0.8x₂ ≥ 0 ------------ ( 2 )

also x₁ ≤ 100 --- ( 3 ) considering the amount to be sold ( sales volume )

based on the availability of raw material

2x₁ + 4x₂ ≤ 240 ----- ( 4 )

resolve equations 2, 3, and 4 graphically

x₁ = 80 units , x₂ = 20 units

back to equation 1

Z = 20( 80 ) + 50(20 )

= 1600 + 1000 = $2600

ii) To increase the number of units of A produced

given that x₁ ≤ 100 and the actual optimal units produced = 80 units

2600 + 20(100-80)

= 2600 + 20(20) = 2600 + 400 = $3000

3 0

3 years ago

What is a trade union?

kotegsom [21]

A trade union (typically called labour union) is a group of workers who work together to protect their rights.

8 0

3 years ago

Read 2 more answers