Answer:
d. account This answer is correct
Explanation:
There are various types of accounts that are reported in the financial statements. The financial statement comprises of the income statement, balance sheet, statement of stockholder equity and the cash flow statement.
The recording of the increase in the specific asset, liability, revenue, expense, etc is called as an account
Just in net income, the revenue and expense account is reported. The asset, liability, stockholder equity which is reported in the balance sheet. The change in the values of the item is reported in the respective amount
401k is an investment account that you can use to save your paycheck from your work. Most employers provide this.
A 529 is also another good investment for saving up for college as there are no taxes applied to the investment or income as long as it is used for schooling.
A HSA plan is able to accumulate value for a future health purchase and is also usually taken out of your paycheck. Taxes do not apply so you get the full value of the amount you decide to set aside.
Answer:
29,143
Explanation:
Profit target = 25% on sales
Fixed cost = $51,000
Variable cost = $9.50 per unit
Sales price per unit = $15
To achieve profit target, let the number of units sold be y
Total sales = 15y
Total variable cost = 9.5y
Profit = 0.25 × 15y
= 3.75y
Sales - Cost = profit
15y - (51000 + 9.5y) = 3.75y
15y - 9.5y - 3.75y = 51000
1.75y = 51000
y = 51000/1.75
y = 29143
29,143 bears must be sold to meet the profit goal.
Answer:
Total deposit is $39
Explanation:
Given
Required
Determine the total
To do this, we simply multiply each dollar bill or coin with its frequency and add up the results.
i.e.
So:
Helps perform calculations and other manipulations of data
