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3 years ago

Gianna put $1,000 in a savings account for 18 months. The interest on the account is 3.5%.

Business

1 answer:

Nadya [2.5K]3 years ago

6 0

Answer:

You will earn $52.96 in interest

You have $1,052.96 in total.

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Imagine that odyssey national is a brand new bank, and that its required reserve ratio is 10 percent. if it accepts a $1,000 dep

Snezhnost [94]

Hi there
Excess reserve balance is
1,000−1,000×0.1=900

Hope it helps

8 0

3 years ago

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A company started a new product, and in the first month started 100,000100,000 units. The ending work in process inventory was 2

sukhopar [10]

Answer:

$240,000

Explanation:

Calculation for What is the value of the inventory transferred out, using the weighted-average inventory method

First step is to calculate the Equivalent material cost=

Equivalent material cost= 20,000×100%×$6

Equivalent material cost= 120,000

Second step is to calculate Equivalent conversion cost

Equivalent conversion cost=20,000×75%×8

Equivalent conversion cost=120,000

Now let calculate the value of the inventory transferred out, using the weighted-average inventory method

Inventory value transferred out= 120,000+120,000

Inventory value transferred out=$240,000

Therefore the value of the inventory transferred out, using the weighted-average inventory method is $240,000

4 0

3 years ago

Consider a profit-maximizing firm in a competitive industry. Under which of the following situations would the firm choose to pr

Mandarinka [93]

Answer:

Option (a) and (b) are considered or correct.

Explanation:

Under the following two conditions, a firm in a perfectly competitive market produces at a point where the marginal revenue is equal to the marginal cost:

(i) Minimum AVC < Price < minimum ATC : Yes

In this case, a firm may suffer a loss but it will be able to cover its minimum average variable cost. Hence, this firm continue operating in this market and if he shut down its operation then he may suffer a larger loss. Therefore, it chooses to continue operating under this market conditions.

(ii) Price > minimum ATC : Yes

In this case, the price received by the seller is greater than the minimum average total cost. Therefore, the firm is able to cover all of its cost of production and earning an economic profit. Hence, it obviously chooses to continue its operation.

The third option is not considered here because in this case, the firm won't be able to cover its variable cost.

3 0

3 years ago

What type of résumé presents the job seeker's characteristics and experience in terms that accommodate the computer search proce

Reil [10]

The correct answer is keyword resume.
Here, you would use keywords to refer to your characteristics and experience, so that the computer can search the document according to the specific requirements the employer needs - so if no such requirements are met by your resume, you may not get the job.

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3 years ago

On December 31, there were 46 units remaining in ending inventory. These 46 units consisted of 6 from January, 8 from February,

Tresset [83]

Answer:

$6,734

Explanation:

On December 31, there were 46 units remaining in ending inventory.

These 46 units consisted of

6 from January x $123 = 738

8 from February x $133 = 1064

10 from May x $143 = 1430

8 from September x $153 = 1224

14 from November x $163 = 2282

Using the specific identification method, the cost of the ending inventory is: 734 + 1064 + 1430 + 1224 + 2282 = $6734

4 0

3 years ago

Read 2 more answers