Honestly i have no idea but you could download an app called math wizard and it will show you how to work it out and give you the answer.
Answer:
Part (1) November 1
The amount paid is the rental advances and must be recorded as advances which falls under the current asset category:
Dr Rental Advances $90,000
Cr Bank account $90,000
Part (2) December 31
On this date, some of the rental advances paid would be realized as expenses from the period November 1, 20X1 to December 31, 20X2.
This time duration constitutes to 2 months and the rental advance made on November were for five months. Out of these 5 months, 2 months share must be recognized as expense which is
The relevant entry would be:
Dr Rental Expenses $36,000
Cr Rental Advances $36,000
True, and it is very sneaky. Please mark Brainliest!!!
Answer:
Solution for question 1
It is not necessary that action that lower the short term interest rate will lower the long term interest rate also.
So given statement is false.
Solution for question 2
Because of subprime crisis in 2008 most of the Market collapsed and there is a huge problem of liquidity. Yield on US treasury security was decreased and so the price of treasury securities was increased.
Hence, given statement is true.
Solution for question 3
Countries with strong balance sheet mean countries are developed and so interest rate in these countries is lowered.
Hence, given statement is true.
Solution for question 4
One of the major function of Federal Reserve is to control economic activities. In the Era of globalization all countries economy is depend on other economy. So interest rate in USA highly dependent on other countries.
Hence, given statement is true.
Answer:
The standard hours allowed for October would be 5,400 hours
Explanation:
For computing the standard hours allowed for the October month, first, we have to compute the standard per hour unit which is shown below:
= Standard direct labor ÷ Number of units to be produced
= 6,000 ÷ 1,500
= $4
Now, in October month, the direct labor worked for the 1,350 hours and the standard price per unit is $4, So standard hours allowed is
= October direct labor hours × standard price per unit
= 1,350 hours × $4
= $5,400 hours
