Which amount does not change during the period and is added to purchases when computing the cost of goods available for sale?

Promoting a climate of civility within the hospitality organization is something the leader should attempt to do always

Alexandra [31]

I’m saying false but not really sure

4 0

3 years ago

If a bank purchases a security from the Federal Reserve System, reserves in the banking system ________ and the monetary base __

lbvjy [14]

Purchase of a security by the bank will decrease the reserves in the banking and as a result the monetary base will also decrease.

Explanation:

The federal reserve system is the central bank of the United States of America. It has certain measures under it's control to manage the supply of money in the economy.

One of those measures is the purchase and the selling of the securities. If the security is purchased by the bank from the Federal reserve system, it will decrease the money reserve in the banks. As a result of this the monetary base will decrease in the country also.

5 0

4 years ago

December 31 2017 2016 Accounts receivable $43,060 $34,630 Inventory 30,370 39,870 Prepaid rent 16,820 15,120 Totals $90,250 $89,

morpeh [17]

Answer:

Net cash from operating activities is $57,220.

Explanation:

Using the indirect method, the Operating Activities section of the statement of cash flows can be prepared as follows:

Statement of Cash Flows

(Operating Activities Section Only)

Details $

Net income 35,890

Adjustment to reconcile net income:

Depreciation expense 18,040

(Increase) decrease in current assets:

Increase in accounts receivable ($34,630 - $43,060) (8,430)

Decrease in inventory ($39,870 - $30,370) 9,500

Increase in prepaid rent ($15,120 - $16,820) (1,700)

Increase (decrease) in current liabilities:

Increase in accounts payable ($25,610 - $19,430) 6,180

Decrease in income taxes payable ($5,970 - $10,500) (4,530)

Increase in interest payable ($14,710 - $12,440) 2,270

Net cash from operating activities  57,220 

5 0

3 years ago

A concert promoter needs to make $68,400 from the sale of 1880 tickets. The promoter charges $30 for some tickets and $50 for th

Harman [31]

Answer:

1280 of the $30 tickets and 600 of the $50 tickets

Explanation:

If x represents the number of $30 tickets and y represents the number if %50 tickets then:

(a) the sum of the tickets sold is 1880 = x + y

(b) how much money is received from the sale of $30 tickets = 30x

(c) how much money is received from the sale of $50 tickets = 50y

(d) the total amount received from the sale is $68,400 = 30x + 50y = $68,400

(e) Solving the simultaneous equations, if 1880 = x + y, then x = 1880 - y. Substitute this in total amount received equation and solve for y i.e. 30(1880 - y) + 50y = $68,400

56,400 - 30y + 50y = $68,400

20y = 12,000

y = 600 tickets (we have to sell 600 of the $50 tickets)

Step 2. Substitute the y figure to get the x amount i.e. 30x + 50(600) = $68,400

30x + 30,000 = $68,400

30x = $38,400

x = 1280 tickets (we have to sell 1280 of the $30 tickets)

3 0

4 years ago

In the last few decades, the female incarceration rate has grown ____%.

denpristay [2]

The 646 percent growth in women in prison is significant compared to 419 growth in males that are incarcerated. Approximately 1 in 14 prisoners are female. The reasons range from petty crimes to capital murder. The lack of resources of single females may be leading to the drastic rise in percentage of women incarcerated.

5 0

4 years ago