Answer:
$7.38
Explanation:
The average cost method recalculates a new cost per unit with each and every purchase made. This new costs would then be used to calculate the costs of goods sold and inventory value.
Average cost per unit = Total Costs ÷ Units available for sale
= (200 x $7 + 800 x $7 + 600 x $8) ÷ 1,600
= $7.375 or $7.38
The average cost per unit for May is $7.38
The spending that would occur during the third round of spending if the marginal propensity to consume (MPC) was 0.6 will be $420 billion.
- Increase in expenditure = $700 billion.
- Marginal propensity to consume = 0.6
The amount of spending based on the information given will be:
= 0.6 × $700 billion
= $420 billion.
Therefore, the correct option is $420 billion.
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The type of insurance money that Malik has received indicates life insurance and the correct option is D.
<h3>What is life insurance?</h3>
Life insurance is an agreement wherein a policyholder will pay everyday premiums in alternate for a lump-sum demise benefit that can be paid to the policyholder's beneficiaries. The lump-sum gain is paid while the policyholder passes away or a selected amount of time has passed.
Hence, The type of insurance money that Malik has received indicates life insurance and the correct option is D.
learn more about life insurance here:
brainly.com/question/1373572
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Answer:
bonds
Explanation:
Bonds are a financial asset in which companies invest. A bond essentially is a credit that a company ask for the market and have to repay in a given time.
