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3 years ago

The journal entry to record the purchase of materials on account is a(n)

Business

1 answer:

Pani-rosa [81]3 years ago

8 0

Raw Materials Inventory $XX Accounts payable

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The advantage to departmentalizing by the function performed is Group of answer choices A. increased accountability for product

OLEGan [10]

Answer: Option B

Explanation: In simple words, functional departmentalization refers to the process in which an organisation makes different departments within, for performing different tasks.

For example - all the activities related to procurement of money will be performed by finance department.

The main advantage of doing so is that each department will perform only specific assigned activities and all the employees working in the departments will be those who are experts in the field.

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4 years ago

At your future job, you get an unexpected raise from $50,000 a year to $75,000 a year. With the increased income, you decide to

seropon [69]

The Marginal propensity to consume is 0.4

Here, we are calculating the marginal propensity to consume (MPC).

Change in Income = New Income - Old Income

Change in Income = $75,000 - $50,000

Change in Income = $25,000

Change in Consumption = New Consumption - Old Consumption

Change in Consumption = $40,000 - $30,000

Change in Consumption = $10,000

Marginal propensity to consume = Change in Consumption / Change in Income

Marginal propensity to consume = $10,000 / $25,000

Marginal propensity to consume = 2/5

Marginal propensity to consume = 0.4

Therefore, the Marginal propensity to consume is 0.4.

Read more about MPC:

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3 years ago

Which of the following is a feature of high-level code

Deffense [45]

Answer:

feature

Explanation:

Easier to read, write and maintain as commands are similar to English. Allow access to module libraries. Use data types and data structures, selection statements and repetition/iteration constructs. Use logic operators and functions that are built into the language.

6 0

3 years ago

Suppose that your monthly net income is $2,540. Your monthly debt payments include your student loan payment and a gas credit ca

ira [324]

Answer: 30%

Explanation:

We should note that debt payments-to-income ratio is calculated as:

= Debt payment / Net income

= 762 / 2540

= 0.3 or 30%

Therefore, the debt payments to income ratio is 30%

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3 years ago

Which is the most accurate definition of body language?

boyakko [2]

Answer:

Explanation:

4 0

3 years ago

Read 2 more answers