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VMariaS [17]
3 years ago
15

Cash equivalents:______.

Business
1 answer:
Rina8888 [55]3 years ago
6 0

Answer:

C. Are readily converted to a known cash amount.

Explanation:

Highly liquid short term assets are those which are ready available for conversion into cash. These are also called Liquid assets. Highly liquid investment are made for short term investment interest revenues.

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In Mordica Company, total materials costs are $35,500, and total conversion costs are $54,000. Equivalent units of production ar
MrMuchimi

Explanation:

The computation is shown below:

Material Cost per unit = Total Material Cost  ÷  Equivalent units of production

                                    =  $35,500 ÷ 10,000  units

                                    = $3.55

Conversion Cost per unit = Total conversion cost ÷  Equivalent units of production

                                          =  $54,000 ÷ 12,000  units

                                          = $4.5

Total Manufacturing cost per unit = Material cost per unit + conversion cost per unit

                                                        = 3.55 + 4.5

                                                        = $8.05

6 0
3 years ago
Blue ginger multi-grain blue rice chips are in the _________ stage of the product life cycle. maturity introduction decline
Alborosie
<span>They are in the introduction stage of the product life cycle. Kellogg has not yet introduced them to many stores, and people don't yet have a good idea of what benefits the product offers. Kellogg needs to start an advertising campaign to educate the public on blue ginger multi-grain blue rice chips.</span>
3 0
3 years ago
What is the purpose of a w-4 form, and when do you receive it?.
timofeeve [1]

Answer: to let your employer know how much money to withhold from your paycheck for federal taxes.

Explanation: Your employer should provide a W-4 form when you are hired.

7 0
2 years ago
On July 1 of the current year, Marcia purchases a new home and borrows $320,000. Marcia is required to pay two points on the loa
snow_lady [41]

Answer:

D) $6,400

Explanation:

To calculate the points deducted by Marcia in the current year, we use the following method

Since she collected the loan in July of the current year, there is five (5) months remaining in the current year, for Marcia to deduct any point, the will need to divide the number of month(s) remaining by the money she borrowed while we have have as;

$320,000/ 5

= $64,000

7 0
3 years ago
Read 2 more answers
Metz Industries stock is twice as risky as the market on average. Given an expected return on the market of A. ​7.35% B. ​16.50%
sergiy2304 [10]

Answer:

B. ​16.50%

Explanation:

We know,

according to Capital Asset Pricing Model​ (CAPM), the expected return, E(r) = risk-free rate + (expected return on the market - risk-free rate) × beta

Given,

Risk-free rate = 2.50%

Expected return on the market = 9.5%

Beta = 2 (We know market beta is 1. As Metz Industries stock twice as risky as the market on average, the beta of the company is 1×2 = 2.)

Putting the values in to the formula, we can get,

The expected return, E(r) = 2.50% + (9.5%- 2.50%) × 2

E(r) = 2.50% + 7% × 2

E(r) = 2.50% + 14%

E(r) = 16.5%

Therefore, the option B is the answer.

7 0
3 years ago
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