Per capita means per person. You would take the total debt and divide by the number of people. That will give you federal debt per capita.
Answer: $54,000
Explanation:
Referring to the data regarding store operation given above, difference between cash receipt and cash disbursement for December could be calculated as follows;
December Cash receipt = (340,000*20%+320,000*80%) = 324,000
November Purchases = (340,000 × 75%)+(320,000 × 75% × 60%) - 153,000 = 246,000
December Cash payment = 246,000 +240,000 = 270,000
The difference between cash receipts and cash disbursement for December = 324,000 - 270,000 = 54,000
Answer: c. machine hours.
Explanation:
In reference to Automated Operations, the Activity base that is usually used to in determining a pre-determined overhead rate are Machine hours.
It is standard practice to relate overhead to the Direct Labor involved in the production of a commodity and since in this case the direct Labor mostly consists of Machines (Automated) then it is best to relate activities to the Machine hours involved instead.
Answer: The debt payments-to-income ratio is: calculated by dividing monthly debt payments (excluding mortgage payments) by net monthly income.
This ratio is a measure that analyze an person’s monthly debt payment in accordance with his/her monthly income.
The gross income is the pay before taxes and other variables are deducted.
<em>i.e. </em><em>debt payments-to-income ratio =
</em>
<em>Therefore, the correct option is (b)</em>